Concentrix shares fell 17.5% in morning trading after the company lowered its full-year financial forecast following its second-quarter earnings report. While quarterly revenue of $2.46 billion and adjusted earnings of $2.63 per share met Wall Street expectations, management cut full-year revenue guidance by 1.3% and reduced the full-year adjusted EPS forecast by 6.5% to $11.00 at the midpoint. The next quarter's revenue guidance came in 2.4% below analyst estimates, and profit guidance also missed expectations. The downward revisions triggered a sharp sell-off, with the stock now down 49.9% year-to-date and trading 66.7% below its 52-week high of $62 from July 2025.
Concentrix CorporationCompany lowered full-year revenue and EPS guidance, missing analyst estimates, triggering a sharp sell-off.