CNXC Stock Recent News

MIAMI, April 16, 2025 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) announced a strategic partnership with Concentrix Corporation (NASDAQ: CNXC) to deliver end-to-end solutions to help large enterprises implement and harness AI safely and effectively while protecting what matters most — data. The partnership brings together two global security leaders.

Concentrix is transitioning to an AI-focused business model, enhancing digital transformation and customer service with AI tools like GenAI Conversational Assist. Despite a slight revenue decline in recent Q1 2025, Concentrix showed strong profitability with improved EBIT and net margins, and significant debt reduction. Considering the $625 million cash flow guidance, the stock is trading at less than 6 times cash flow despite rising nearly 20% since the quarterly report.

Shares of Concentrix surged a day after the company's first-quarter results came in ahead of management and Wall Street expectations, and raised its outlook for the year.

H.B. Fuller's profit and sales fell in its fiscal first quarter, but results topped Wall Street's estimates. The adhesives manufacturer logged adjusted earnings of 54 cents on revenue of $788.7 million, ahead of analyst expectations for adjusted earnings of 49 cents on revenue of 769 million, according to FactSet.

Concentrix Corporation (NASDAQ:CNXC ) Q1 2025 Earnings Conference Call March 26, 2025 5:00 PM ET Company Participants Sara Buda - Vice President, Investor Relations Chris Caldwell - President and Chief Executive Officer Andre Valentine - Chief Financial Officer Conference Call Participants Joseph Vafi - Canaccord Genuity David Koning - Baird Ruplu Bhattacharya - Bank of America Securities Vincent Colicchio - Barrington Research Divya Goyal - Scotiabank Operator Good day and thank you for standing by. Welcome to Concentrix's First Quarter 2025 Earnings Call.

NEWARK, Calif., March 26, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal first quarter ended February 28, 2025.

NEWARK, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, plans to announce its fiscal first quarter 2025 financial results after market close on Wednesday, March 26, 2025. The Company also plans to host a conference call and webcast with the investment community to discuss the financial results that same evening on Wednesday, March 26, 2025, at 5:00 pm, Eastern Time.

Concentrix Introduces iX Hello™2.0: Smarter multi-modal customer facing assistants that are easy to create, customize and integrate across the enterprise

Concentrix Corporation delivered better-than-expected EPS and revenue, driven by significant investments in its GenAI product suite and a booming AI customer experience market. The AI in customer experience market is projected to grow at a 22% CAGR, potentially boosting CNXC's future revenue and free cash flow growth. Despite risks from high debt levels and potential global tariffs, CNXC's substantial headcount growth and consistent net income make it appear undervalued.

Concentrix Corporation (NASDAQ:CNXC ) Q4 2024 Earnings Conference Call January 15, 2025 5:00 PM ET Company Participants Sara Buda - VP of IR Chris Caldwell - President and CEO Andre Valentine - CFO Conference Call Participants Joseph Vafi - Canaccord Genuity David Koning - Baird Aisling Grueninger - Bank of America Securities Divya Goyal - Scotiabank Operator Good day, and thank you for standing by. Welcome to the Concentrix's Fiscal Fourth Quarter FY 2024 Financial Results Conference Call.