Concentrix Corporation CNXC

Shares of customer experience solutions provider Concentrix (NASDAQ:CNXC) jumped 4% in the morning session after the company reported a significant net loss for its third quarter, driven by a $1.5 billion non-cash goodwill impairment charge and declining revenue.

Moderna falls after Citi downgrades shares to Sell from Hold, saying its recent rally has gone too far.

On this episode of Stock Movers: - Cal-Maine (CALM) shares fell after the egg producer reported net sales for the first quarter that missed the average analyst estimate, and said it won't pay a cash dividend in the first quarter. - Concentrix (CNXC) shares are sliding after the software company's reported revenue forecast for the fourth quarter missed the average analyst estimate. - Robinhood (HOOD) is on the move as it plans to offer weekend trading for equities in a first for modern US markets, allowing customers to trade a selected list of stocks and exchange-traded funds over the weekend.

About 50% of Concentrix’s revenue is coming from business it earned since introducing AI tools three years ago.

Moby summary of Concentrix Corporation's Q3 2026 earnings call

(Updates with the stock move in the headline and the first paragraph.) Concentrix (CNXC) shares f

Customer experience solutions provider Concentrix (NASDAQ:CNXC) missed Wall Street’s revenue expectations in Q3 2026, with sales falling 1.2% year on year to $2.45 billion. Next quarter’s revenue guidance of $2.44 billion underwhelmed, coming in 3.3% below analysts’ estimates. Its non-GAAP profit of $2.92 per share was 8.1% above analysts’ consensus estimates.

Customer experience solutions provider Concentrix (NASDAQ:CNXC) missed Wall Street’s revenue expectations in Q3 2026, with sales falling 1.2% year on year to $2.45 billion. Next quarter’s revenue guidance of $2.44 billion underwhelmed, coming in 3.3% below analysts’ estimates. Its non-GAAP profit of $2.92 per share was 8.1% above analysts’ consensus estimates.

Exceeded profitability guidance for the quarterGenerated record-high third quarter free cash flow from operations of $268M, and adjusted free cash flow of $218M Increased quarterly dividend NEWARK, Calif., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Concentrix Corporation (NASDAQ: CNXC), a global technology and services leader, today announced financial results for the fiscal third quarter ended August 31, 2026. Three Months Ended August 31, 2026 August 31, 2025 ChangeRevenue ($M)$2,453.7 $2,483.3 (1.2)%

Concentrix Corporation will release its third-quarter earnings report after the closing bell on Tuesday, Sept. 29. Analysts expect the company to report quarterly earnings of $2.81 per share, up from $2.78 per share in the year-ago period. The consensus estimate...

Customer experience solutions provider Concentrix (NASDAQ:CNXC) will be reporting results this Tuesday afternoon. Here’s what to expect.

Concentrix Corporation previously announced that Executive Vice President of Customer Success, Cormac Twomey, would step down on December 31, 2026, then provide 60 days of consulting support to assist with the leadership transition. At the same time, analysts currently expect a year-over-year earnings decline of 2.5% and a slight 0.2% revenue decrease for the August 2026 quarter, keeping investor attention on both management continuity and operating performance. With quarterly earnings...

Concentrix (NasdaqGS:CNXC) said Executive Vice President Cormac Twomey will step down from his role overseeing Customer Success. Twomey is expected to transition into a consulting position with Concentrix, providing ongoing input to management after his departure. The group has not disclosed an effective date for Twomey’s exit or details of any succession plan for the Customer Success remit. The shift of Cormac Twomey from EVP to consultant is only one part of the broader Concentrix story...