Concentrix Corporation (CNXC) Tops Q4 EPS by 9c

Concentrix Corporation (NASDAQ: CNXC) reported Q4 EPS of $2.07, $0.09 better than the analyst estimate of $1.98. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.24 billion.

GUIDANCE:

Concentrix Corporation sees Q1 2021 revenue of $1.26-1.31 billion, versus the consensus of $1.2 billion.

• Revenue is expected to be in the range of $1.260 billion to $1.310 billion as reported.
• Operating income is expected to be in the range of $107 million to $121 million and non-GAAP operating income is expected to be in the range of $148 million to $162 million.
• The effective tax rate is expected to approximate 29%.

For earnings history and earnings-related data on Concentrix Corporation (CNXC) click here.

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