NASDAQ$CNXC
Concentrix Corporation · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Concentrix's Q4 2020 financial performance showed revenue growth and profitability exceeding expectations.
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.
Headline financials
Revenue & EPS history
Concentrix · Revenue · Quarterly
$1.3B
Revenue by segment
Concentrix · $1.3B total across 6 segments · Q4 2020
- Tech & Electronics$411M+19.4%31.6%
- Comms & Media$239M-12.4%18.4%
- Retail & E-comm$238M+19.7%18.3%
- BFSI$186M+4.6%14.3%
- Healthcare$119M+17.2%9.1%
- Other$109M-8.2%8.4%
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%.
Tailwinds
- 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%.
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 Q4 2020
+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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