Concentrix Q3 2026 net loss widens to $988.11 million; revenue falls to $2.45 billion

Bitget2026/09/29 20:06

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Concentrix posted a net loss of USD 988.11 million in the three months ended Aug. 31, 2026, swinging from profit.
Revenue slipped 1% to USD 2.45 billion from a year earlier.
Operating result turned to a loss of USD 910.31 million, including a non-cash goodwill impairment charge of USD 1.05 billion.
Cash flow from operations rose to USD 268.21 million, while free cash flow increased to USD 221.23 million.
Chris Caldwell said 50% of revenue now comes from business won and deployed within the last three years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Concentrix Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609291605PRIMZONEFULLFEED9836277) on September 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Concentrix Q3 2026 net loss widens to $988.11 million; revenue falls to $2.45 billion

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