Concentrix Corp (NASDAQ:CNXC) reported its third-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report.
The Details: Concentrix reported quarterly earnings of $2.87 per share, which missed the analyst consensus estimate of $2.93 by 2.05%. Quarterly revenue came in at $2.387 billion, which beat the analyst consensus estimate of $2.382 billion and represents a 46.2% increase over the same period last year.
The company reported operating income of $153.2 million, a reduction year-on-year primarily due to increased amortization of intangibles and planned integration expenses associated with the company’s combination with Webhelp, which closed ...
