Reported Q: Q4 2024 Rev YoY: +9.7% EPS YoY: -282.7% Move: -8.23%
Concentrix Corporation
CNXC
$36.04 -8.23%
Exchange NASDAQ Sector Technology Industry Information Technology Services
Q4 2024
Published: Jan 28, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for CNXC

Reported

Report Date

Jan 28, 2025

Quarter Q4 2024

Revenue

2.45B

YoY: +9.7%

EPS

-2.00

YoY: -282.7%

Market Move

-8.23%

Previous quarter: Q3 2024

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Earnings Highlights

  • Revenue of $2.45B up 9.7% year-over-year
  • EPS of $-2.00 decreased by 282.7% from previous year
  • Gross margin of 35.6%
  • Net income of 115.65M
  • ""As we deploy our technology to grow revenue faster with these clients, we are particularly encouraged by our successful Webhelp integration and our pipeline of new clients in Europe for fiscal 2025."" - Chris Caldwell
CNXC
Concentrix Corporation

Executive Summary

Concentrix Corporation (NASDAQ: CNXC) reported its Q4 2024 results, demonstrating a solid revenue performance of approximately $2.45 billion, marking a 1.5% increase on a pro forma constant currency basis. Despite facing macroeconomic pressures, the company showed resilience through strategic investments in technology and service offerings, positioning itself for sustained growth. Management highlighted the successful integration of Webhelp and the strong performance of new technology-led solutions, forecasting an optimistic revenue outlook for 2025 including expected revenue growth. The companyÒ€ℒs focus on expanding its AI capabilities as a core service differentiator reflects its commitment to enhancing customer experience and operational efficiency.

Key Performance Indicators

Revenue
Increasing
2.45B
QoQ: 2.54% | YoY: 9.74%
Gross Profit
Increasing
870.60M
35.56% margin
QoQ: 0.74% | YoY: 5.80%
Operating Income
Decreasing
144.54M
QoQ: -5.68% | YoY: -19.90%
Net Income
Increasing
115.65M
QoQ: 595.39% | YoY: 66.43%
EPS
Decreasing
-2.01
QoQ: -904.00% | YoY: -282.73%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 2,417.37 0.63 +1.5% View
Q1 2025 2,372.22 1.10 -1.3% View
Q4 2024 2,448.02 -2.00 +9.7% View
Q3 2024 2,387.41 0.25 +46.2% View
Q2 2024 2,380.72 0.98 +47.4% View