Concentrix Corporation (CNXC) has reported a notable increase in its fourth-quarter earnings compared to the previous year. The company achieved profits of $115.7 million or $1.72 per share, which is a significant growth from the $69.5 million or $1.09 per share recorded in the same quarter last year.
After adjusting for certain items, Concentrix reported adjusted earnings of $219.3 million or $3.26 per share for the quarter.
Furthermore, the company's quarterly revenue witnessed a 9.7% rise, reaching $2.448 billion, up from $2.231 billion in the previous year.
Key financial highlights for Concentrix Corporation (in accordance with GAAP) include:
- Fourth-Quarter Earnings: $115.7 million compared to $69.5 million the previous year.
- Earnings Per Share (EPS) for the Quarter: $1.72, up from $1.09 last year.
- Revenue for the Fourth Quarter: $2.448 billion as opposed to $2.231 billion a year ago.
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