Concentrix Q2 2021 Earnings Report
Key Takeaways
Concentrix Corporation announced strong financial results for the second quarter ended May 31, 2021. Revenue reached $1,369.9 million, a 28.5% increase year-over-year. Operating income was $128.2 million, and diluted earnings per share was $1.57.
Revenue was $1,369.9 million, up 28.5% from the prior year second quarter.
Operating income was $128.2 million, or 9.4% of revenue.
Non-GAAP operating income was $172.1 million, or 12.6% of revenue.
Diluted earnings per share (“EPS”) was $1.57 compared to $0.05 in the prior year second quarter.
Concentrix
Concentrix
Concentrix Revenue by Segment
Forward Guidance
Third-quarter revenue is expected to be in the range of $1.35 billion to $1.40 billion. Third-quarter operating income is expected to be in the range of $116.3 million to $130.3 million and non-GAAP operating income is expected to be in the range of $160.0 million to $174.0 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income