Concentrix Q2 2023 Earnings Report

Concentrix EPS Results

• Actual EPS: $2.69
• Consensus EPS: $2.75
• Beat/Miss: Missed by -$0.06
• One Year Ago EPS: $2.74

Concentrix Revenue Results

• Actual Revenue: $1.61 billion
• Expected Revenue: $1.66 billion
• Beat/Miss: Missed by -$41.91 million
• YoY Revenue Growth: +3.00%

Concentrix Announcement Details

• Quarter: Q2 2023
• Date: 6/28/2023
• Time: After Market Closes

Concentrix (NASDAQ:CNXC) engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California.