FILING ANALYSIS · TUESDAY, SEPTEMBER 29
Concentrix Corp CNXC — 8-K: Results of Operations and Financial Condition
neutral
Concentrix exceeded profitability guidance and generated record-high third quarter free cash flow, but reported a non-cash goodwill impairment charge of $1,050.0 million due to a decline in stock price and market capitalization. The company's guidance for the fourth quarter implies a constant currency revenue decline ranging from (5.0)% to (3.0)%.
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