CNXC - Concentrix Corporation
Concentrix stock plunges 20% overnight after Q2 2026 earnings miss and FY 2026 guidance cut -- wiping out billions in shareholder value in a single session. Concentrix stock plunges 20% overnight after Q2 2026 earnings miss and FY 2026 guidance cut -- wiping out billions in shareholder value in a single session.
[url="]The Schall Law Firm[/url], a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Concentrix
LOS ANGELES--(BUSINESS WIRE)---- $CNXC--CNXC Investors Have Opportunity to Join Concentrix Corporation Fraud Investigation with the Schall Law Firm.
Concentrix claimed investors could expect no less than 10.035 billion in revenue for 2026. Now management indicates the ceiling is below the old floor and the most they could potentially earn is less than 10.3 billion and the stock sank 20% overnight.
NEWARK, Calif., July 07, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today released its 2026 Sustainability Report.
NEWARK, Calif. , July 07, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today released its 2026 Sustainability Report. This report shows how sustainability drives performance, creates value, and helps clients through The Power of One: individual actions across a global workforce that add up to measurable impact.
On June 30, 2026, Concentrix Corp (CNXC) shares fell 11.3% today, bringing the current price to $22.41. The stock has experienced significant volatility, tradin
Concentrix Corporation (NASDAQ:CNXC) stock fell about 15% on Tuesday after the customer experience services provider reported weaker-than-expected fiscal second-quarter results and cut its full-year outlook, prompting Canaccord Genuity to lower its price forecast while maintaining a bullish rating.
Concentrix (CNXC) is experiencing significant pressure following its Q2 earnings report released last night. The company narrowly missed earnings per share (EP
The market fears that Concentrix Corporation faces existential AI disruption, though the company's operating results have been resilient. That said, the earnings trajectory has started to weaken a bit, and Q2 was another underwhelming report. Shares would be a value here if the company had a clean balance sheet. But, due to its massive leverage, this is a highly speculative situation.
Concentrix Corp (NASDAQ:CNXC) on Monday reported worse-than-expected second-quarter financial results and cut its FY26 guidance below estimates.
U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Tuesday.
The tech resurgence was running out of steam ahead of the open Tuesday but there were still plenty of AI and chip stocks on the move.
CNXC's AI push, offshore shift and cost cuts shape its margin path as management trims growth view but highlights stronger cash flow.
Concentrix Corporation (CNXC) Q2 2026 Earnings Call Transcript
Concentrix Corporation (CNXC) came out with quarterly earnings of $2.63 per share, missing the Zacks Consensus Estimate of $2.64 per share. This compares to earnings of $2.7 per share a year ago.
Concentrix Corp. (NASDAQ:CNXC) shares plunged after the posted its second-quarter results following Monday's closing bell, missing analyst estimates on the top and bottom lines.
Revenue and profit within guidance as reported A record-high second quarter $258M in cash flow from operations, $242M in adjusted free cash flow iX Suite deals up 400% year over year NEWARK, Calif., June 29, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal second quarter ended May 31, 2026.
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
Concentrix Corporation (NASDAQ:CNXC) will release its second quarter earnings report after the closing bell on Monday, June 29.