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Concentrix reported strong Q4 earnings but projected lower FY25 guidance, yet its stock rose.
Concentrix (CNXC) reported stronger-than-expected Q4 earnings, with EPS of $3.26 and a 9.7% revenue increase to $2.448 billion.
The company updated its FY25 guidance, projecting EPS of $11.18-11.77 and revenue of $9.47-9.61 billion, below analyst estimates.
Despite missing some forecasts previously, the stock rose $0.99 to $47.47 on Wednesday.
Concentrix provides global customer experience solutions and technology services.
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Concentrix informó de fuertes ganancias Q4, pero proyectó una menor orientación FY25, sin embargo, su stock aumentó.