Concentrix's Outlook is Conservative, CFO Says -- Market Talk

Dow Jones03-25 00:50

1250 ET - Concentrix issues a tepid outlook for the current quarter, amid ongoing market headwinds and a volatile geopolitical landscape. CFO Andre Valentine says the overall demand environment is solid, as the company is managing the market headwinds it has seen in recent quarters and remains confident in its ability to drive year-over-year profitability in the back half of the year. "Our goal is to be conservative in our revenue guidance, and we are being prudent with the current geopolitical situation," he says on a call with analysts. Concentrix guides for revenue of $2.46 billion to $2.49 billion, the midpoint of which is below analyst views for $2.49 billion. Shares tumble 21%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

March 24, 2026 12:50 ET (16:50 GMT)

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