CNXC - Concentrix Non-GAAP EPS of $2.93 beats by $0.11 revenue of $1.57B in-line

Concentrix press release (NASDAQ:CNXC): Q2 Non-GAAP EPS of $2.93 beats by $0.11. Revenue of $1.57B (+14.6% Y/Y) in-line. Operating income was $156.9 million, or 10.0% of revenue, compared with $128.2 million, or 9.4% of revenue, in the prior year second quarter. Adjusted EBITDA was $249.9 million, or 15.9% of revenue, compared with $208.3 million, or 15.2% of revenue, in the prior year second quarter. Third quarter revenue is expected to be in the range of $1.575 billion to $1.605 billion, up approximately 13% to 15% as reported, including a 3-point negative impact of foreign exchange rates compared with the prior year period. Third quarter operating income is expected to be in the range of $161 million to $176 million and non-GAAP operating income is expected to be in the range of $220 million to $235 million. Revenue is expected to be in the range of $6.365 billion to $6.415 billion,

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Concentrix Non-GAAP EPS of $2.93 beats by $0.11, revenue of $1.57B in-line