Concentrix Q4 2020 Earnings Report
Key Takeaways
Concentrix reported a revenue of $1,300.9 million for Q4 2020, a 7.3% increase compared to the prior fiscal year's fourth quarter. The company's operating income was $120.2 million, and non-GAAP operating income was $175.4 million. Adjusted EBITDA reached $211.2 million.
Revenue was $1,300.9 million, up 7.3% year-over-year and 6.3% on a constant currency basis.
Operating income was $120.2 million, representing 9.2% of revenue.
Non-GAAP operating income was $175.4 million, or 13.5% of revenue.
Adjusted EBITDA was $211.2 million, or 16.2% of revenue.
Concentrix
Concentrix
Concentrix Revenue by Segment
Forward Guidance
Concentrix expects revenue to be in the range of $1.260 billion to $1.310 billion for Q1 2021. Operating income is expected to be in the range of $107 million to $121 million, and non-GAAP operating income is expected to be in the range of $148 million to $162 million. The effective tax rate is expected to approximate 29%.
Positive Outlook
- Revenue is expected to be between $1.260 billion and $1.310 billion.
- Operating income is projected to be between $107 million and $121 million.
- Non-GAAP operating income is anticipated to be between $148 million and $162 million.
- Effective tax rate is expected to be approximately 29%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income