Concentrix Corporation (CNXC)
The company now
Concentrix reported third-quarter fiscal 2026 revenue of $2,453.7 million, down 1.2 percent from a year earlier, for the quarter ended 31 August 2026 1.
A non-cash goodwill impairment charge of $1,050.0 million turned the quarter into a net loss of $988.1 million 1.
The company said the charge primarily resulted from the recent trading range for its stock, not from a change in how the business operates 1.
Without such items, non-GAAP operating income was $309.0 million, or 12.6 percent of revenue 1.
Chief executive Chris Caldwell said 50 percent of revenue now comes from business won and deployed within the last 3 years since AI was introduced 1.
For the fourth quarter the company expects revenue of $2.410 billion to $2.460 billion, a constant currency decline of 3.0 to 5.0 percent 1.
As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.