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Companies CNXC 10-Q

SEC filing · 10-Q

Concentrix Corp: Quarterly report

Concentrix reported a net loss of $(988,113) thousand for the third quarter of fiscal 2026, driven by a $1,050.0 million non-cash goodwill impairment charge and a 1.2% revenue decrease.

Filed October 7, 2026 · period ended August 31, 2026

Negative for the company

What the numbers say

Revenue fell 1.2% to $2.5B versus the same quarter last year; operating margin narrowed from 5.9% to -37.1%; diluted EPS -$16.24 versus $1.34; cash fell by $10.9M to $244.7M while debt was flat; diluted share count down 2.9% (buybacks).

Compared with the same period a year earlier, from the figures Concentrix Corp reported to the SEC.

What happened

  • Revenue for the three months ended August 31, 2026 decreased by 1.2% to $2,453,679 thousand due to client demand decreases in healthcare, technology and consumer electronics, and communications and media verticals.

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Summary generated automatically from the filing text and checked against it: every number above is printed in the document. It describes the filing and is not investment advice. Read the original before relying on it.