Core Insights - Concentrix Corporation released its 2025 Sustainability Report titled "The Power of One," highlighting its progress towards 2030 ESG goals across various domains including climate action, culture, innovation, community impact, and ethical business practices [1][2] Group 1: Sustainability Strategy - The sustainability strategy is integrated into Concentrix's long-term growth plan, focusing on innovation, operational efficiency, and stakeholder trust [2] - The company emphasizes resource efficiency and risk management to enhance operational resilience and profitability [4] Group 2: Environmental Impact - Concentrix has reduced carbon emissions by 27% compared to the 2019 baseline and is on track to meet its 2030 reduction target of 50% [6] - Energy efficiency initiatives have decreased global energy consumption from 421 million kWh in 2019 to 379 million kWh in 2024, resulting in lower operating costs [6] Group 3: Community Engagement - The Think Human Fund, a non-profit supported by Concentrix, funded 69 projects across 42 countries, benefiting over 58,000 individuals in 2024 [6] Group 4: Innovation and Culture - The internal Carbon Challenge platform has engaged over 12,000 employees in reducing their carbon footprint, fostering accountability in sustainability efforts [6] - Concentrix has been recognized for its company culture and benefits, receiving accolades for Best Company Culture and Best Benefits in Wellness & Wellbeing [6]

Core Insights - Concentrix Corporation reported financial results for the fiscal second quarter ended May 31, 2025, showing a revenue increase of 1.5% year-on-year, despite a decline in net income and operating income [1][4][7]. Financial Performance - Revenue for the second quarter was $2,417.4 million, up from $2,380.7 million in the same quarter last year, reflecting a 1.5% increase [2][7]. - Operating income decreased to $148.3 million, or 6.1% of revenue, compared to $150.2 million, or 6.3% of revenue, in the prior year [2][7]. - Non-GAAP operating income was $303.7 million, down 5.4% from $321.1 million, with a margin of 12.6% compared to 13.5% in the previous year [2][7]. - Net income fell by 37% to $42.1 million from $66.8 million year-on-year [2][7]. - Non-GAAP net income was $179.6 million, a slight decrease of 1.9% from $183.1 million [2][7]. - Adjusted EBITDA was $357.3 million, down 5.9% from $379.6 million, with an adjusted EBITDA margin of 14.8% compared to 15.9% [2][7]. Shareholder Returns - The company paid a quarterly dividend of $0.33275 per share on May 6, 2025, and declared another dividend of the same amount payable on August 5, 2025 [5][6]. - Concentrix repurchased approximately 920,000 common shares for $45 million at an average cost of $49.09 per share, with a remaining share repurchase authorization of $537.3 million [6][8]. Business Outlook - The company exceeded revenue guidance for the quarter and raised its full-year growth outlook, expecting to generate $625 million to $650 million in adjusted free cash flow for fiscal 2025 [6][12]. - Concentrix anticipates returning over $240 million to shareholders through share repurchases and dividends in fiscal 2025 [6][12]. - The company expects third-quarter revenue to be between $2.445 billion and $2.470 billion, with constant currency growth of 1.0% to 2.0% [16].