Concentrix is trading 10.25% down at $22.33 in pre-market on September 30, following its September 29 earnings report and forecast of a 3%–5% constant-currency Q4 decline.
- Adjusted EPS was $2.92, above estimates; revenue was $2.454 billion, down 1.2% year over year.
- The company recorded a $1.05 billion non-cash goodwill impairment.
- Full-year adjusted EPS guidance is $10.97–$11.09; reporting tied the sharp after-hours drop to the revenue shortfall and softer growth outlook.