Concentrix Corporation (NASDAQ: CNXC) Earnings Miss and Revenue Beat

• Concentrix reported an EPS of $2.70, missing the estimated $2.76, marking a negative surprise of 2.17%.
• The company's revenue outperformed expectations, generating $2.42 billion, surpassing the estimated $2.38 billion.
• Despite the earnings miss, Concentrix raised its full-year growth outlook and plans to return over $240 million to shareholders.

Concentrix Corporation (NASDAQ: CNXC) is a prominent player in the global technology and services sector. The company provides customer experience solutions and technology services to a wide range of industries. As a part of the Zacks Business - Services industry, Concentrix competes with other service providers in delivering innovative solutions to enhance customer engagement and operational efficiency.

On June 26, 2025, Concentrix reported earnings per share (EPS) of $2.70, slightly below the estimated $2.76. This earnings miss represents a negative surprise of 2.17%, as highlighted by Zacks. Despite this, the EPS showed a marginal increase from the $2.69 reported in the same quarter last year. In contrast, the previous quarter saw Concentrix exceed expectations with an EPS of $2.79, resulting in a positive surprise of 8.14%.

Concentrix's revenue performance was a bright spot, with the company generating $2.42 billion, surpassing the estimated $2.38 billion. This revenue beat exceeded the Zacks Consensus Estimate by 1.57% and marked a 1.5% increase from the previous year's second quarter. The company has consistently outperformed consensus revenue estimates over the past four quarters, showcasing its strong market position.

Despite the revenue success, Concentrix's stock price experienced a decline following the earnings announcement. The earnings miss contributed to this slip, even though the company exceeded its revenue guidance for the quarter. Concentrix remains optimistic, raising its full-year growth outlook and planning to return over $240 million to shareholders through share repurchases and dividends in fiscal 2025.

Financially, Concentrix maintains a price-to-earnings (P/E) ratio of approximately 13.11, with a price-to-sales ratio of 0.37. The company's enterprise value to sales ratio is 0.85, and its enterprise value to operating cash flow ratio is 11.34. With an earnings yield of 7.63% and a debt-to-equity ratio of 1.22, Concentrix demonstrates a balanced approach to growth and financial stability. The current ratio of 1.65 indicates a strong liquidity position, ensuring the company can cover its short-term liabilities effectively.