Concentrix Corporation (NASDAQ: CNXC) shares are trading lower after the company reported worse-than-expected third-quarter adjusted EPS results and cut its fiscal 2025 adjusted EPS guidance below estimates.
What Happened: Concentrix reported quarterly earnings of $2.78 per share, which missed the Street estimate of $2.86. Quarterly revenue was $2.48 billion, above the analyst consensus estimate of $2.45 billion.
The company cut its fiscal 2025 …