Concentrix Corp

Concentrix Corporation announced it has been positioned as a Leader in all three categories of NelsonHall's AI Enablement NEAT evaluation: Overall AI Enablement, AI Operationalization, and AI Training. This recognition highlights Concentrix's capabilities in helping organizations move beyond AI experimentation to large-scale deployment, emphasizing its strong governance practices, trusted data foundations, and ability to scale operating models. The company aims to bridge the gap between AI ambition and operational reality for its clients.

Concentrix Corporation's Board of Directors adopted an Amended and Restated Executive Severance Plan on July 23, 2026. This new plan replaces the previous Change of Control Severance Plan, following a review to align executive compensation with market practice. The updated plan modifies severance for executive officers, providing two times the sum of base salary and target bonus for terminations related to a change of control, and one time the sum of base salary and target bonus for terminations outside of a change of control. It also incorporates a "best-net" Section 280G cut-back provision.

Concentrix Corporation released its 2026 Sustainability Report, highlighting significant progress and achievements in ESG. The company earned an EcoVadis Gold Medal, an 'A' score from CDP for climate disclosure, and SBTi validation for its net-zero targets. Key accomplishments include a 25.7% reduction in absolute emissions, planting 1.37 million trees, and contributing $6.26 million to communities. Concentrix emphasizes embedding sustainability into its operations, leading to cost savings, improved risk management, and measurable value.

Concentrix Corp reported mixed financial results for the three and six months ended May 31, 2026. For the three-month period, revenue increased by 1.9% to $2,462.5 million, with net income surging 31.3% to $55.3 million and diluted EPS rising 36.5% to $0.86. However, the six-month results showed a 3.6% revenue increase to $4,962.9 million, but net income declined 31.6% to $76.9 million and diluted EPS fell 28.6% to $1.20. The company also announced an agreement to sell a non-core business for approximately 15 million euros and engaged in significant debt refinancing activities.

Concentrix Corporation reported its second quarter 2026 financial results, with revenue increasing 1.9% year-on-year to $2,462.5 million and diluted EPS rising 36.5% to $0.86. The company achieved a record-high second quarter cash flow from operations of $258 million and saw iX Suite deals grow 400% year over year. While GAAP net income and EPS showed strong growth, non-GAAP operating income and adjusted EBITDA experienced slight declines. Concentrix also provided guidance for Q3 and the full fiscal year 2026, expecting modest revenue growth and strong adjusted free cash flow.

Concentrix Corp reported its fiscal second quarter 2026 results, with revenue increasing 1.9% year-on-year to $2.46 billion and diluted EPS rising 36.5% to $0.86. The company achieved a record-high $258 million in cash flow from operations and $242 million in adjusted free cash flow. While non-GAAP diluted EPS saw a slight decrease of 2.6%, iX Suite deals surged 400% year over year. Concentrix also declared a quarterly dividend of $0.36 per share and provided Q3 and full-year 2026 guidance, with Q3 revenue expected between $2.465 billion and $2.490 billion.

Concentrix Corporation announced it will release its fiscal second quarter 2026 financial results after market close on Monday, June 29, 2026. The company will also host a conference call and webcast with the investment community to discuss these results on the same day at 5:00 p.m. Eastern Time. The webcast will be accessible via the Investor Relations section of the Concentrix website.

Concentrix Corporation announced its inclusion on the Fortune 500® list for the third consecutive year, ranking #423, an improvement of 3 spots from the previous year. This recognition underscores the company's role as a key partner for leading brands, leveraging technology and AI to drive operational performance. The company also received multiple awards for its AI capabilities, including its iX Hero™ platform and Agentic Operating Framework™.

Concentrix Corporation announced that its senior management team will participate in five upcoming investor conferences in May and June 2026. These events include presentations, fireside chats, and investor meetings at the Needham Technology & Media, J.P. Morgan Global Technology, Barrington Research Virtual Spring Investment, Baird Global Consumer, Technology & Services, and BofA Securities Global Technology Conferences. Institutional investors interested in meetings should contact their conference host firm representative or Concentrix investor relations.

Concentrix Corporation announced that Bilge Ogut resigned from its Board of Directors, effective immediately, including all committee memberships. This resignation follows Groupe Bruxelles Lambert SA (GBL) reducing its beneficial ownership of Concentrix common stock below the Board Nomination Threshold. Under the Investor Rights Agreement, GBL had the right to nominate a director only while maintaining at least 50% of the shares issued to them during the September 2023 Webhelp acquisition.