NASDAQ$CNXC
Concentrix Corporation · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Concentrix reported record second quarter results driven by strong new business signings and exceeding pre-COVID levels.
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.
Headline financials
Revenue & EPS history
Concentrix · Revenue · Quarterly
$1.37B
Revenue by segment
Concentrix · $1.37B total across 6 segments · Q2 2021
- Tech & Electronics$417M+27.2%30.5%
- Comms & Media$255M+21.0%18.6%
- Retail & E-comm$232M+37.8%16.9%
- BFSI$229M+36.0%16.7%
- Other$122M+14.6%8.9%
- Healthcare$115M+35.8%8.4%
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.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q2 2021
+0.2%
Avg return
Earnings day
+1.8%
Avg return
5 days after
-2.3%
Avg return
30 days after
50%
13 / 26 earnings
Positive
+42.4%
Q1 2025
Best reaction
-19.8%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | -19.8% | +4.5% | — | |
| Q4 2025 | -3.2% | +6.6% | -25.3% | |
| Q3 2025 | -13.4% | -12.3% | -14.7% | |
| Q2 2025 | -1.8% | +3.3% | -13.5% | |
| Q1 2025 | +42.4% | +18.3% | +9.9% | |
| Q4 2024 | +4.9% | +5.3% | +3.5% | |
| Q3 2024 | -19.3% | -19.7% | -30.3% | |
| Q2 2024 | +6.7% | +8.4% | +14.6% | |
| Q1 2024 | +4.1% | +5.8% | -11.4% | |
| Q4 2023 | -16.4% | -11.7% | -20.6% | |
| Q3 2023 | +10.9% | +12.7% | +1.9% | |
| Q2 2023 | -3.5% | -0.7% | -0.3% | |
| Q1 2023 | +0.3% | +0.3% | -19.3% | |
| Q4 2022 | -1.6% | -3.6% | -1.1% | |
| Q3 2022 | -3.3% | +3.5% | +7.7% | |
| Q2 2022 | -3.9% | -5.6% | -9.2% | |
| Q1 2022 | -10.5% | -15.8% | -17.0% | |
| Q4 2019 | +12.0% | +13.0% | +10.6% | |
| Q4 2021 | +1.5% | +1.9% | +20.0% | |
| Q3 2020 | -0.9% | +0.1% | -3.2% | |
| Q3 2021 | +2.5% | +8.4% | +4.8% | |
| Q2 2020 | +1.1% | +0.3% | +2.6% | |
| Q2 2021 | -2.0% | +2.4% | +4.0% | |
| Q1 2020 | +1.5% | +0.9% | +3.2% | |
| Q1 2021 | +8.9% | +11.5% | +24.6% | |
| Q4 2020 | +7.9% | +9.4% | +1.0% | |
| Q3 2019 | — | — | — | |
| Q2 2019 | — | — | — | |
| Q1 2019 | — | — | — |
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