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Search fieldHome page Seeking Alpha - Power to InvestorsSearch for Symbols, analysts, keywordsAbout PremiumCreate free accountLog in Earnings Call Insights Concentrix expects new business revenues to exceed $6b in 2027 while targeting 2.2x net leverage in 2027 Sep 29, 2026, 7:23 PM ETConcentrix Corporation (CNXC) StockAI-Generated Earnings Calls Insights Earnings Call Insights: Concentrix (CNXC) Q3 2026 Management View "This quarter, we crossed the mark that 50% of our revenue now comes from businesses that we generated in the last 3 years that is very different than our traditional business." (President, CEO & Director Christopher Caldwell) Seeking Alpha's Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles cannot be guaranteed. This article is intended for informational purposes only. Seeking Alpha does not take account of your objectives or your financial situation and does not offer any personalized investment advice. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Search fieldEntering text into the input field will update the search result below Quick Insights Company expects a larger-than-expected Q4 revenue impact from hyperscaler spend reprioritization by two specific clients, with spillover into Q1 and Q2. Management states margins remain stable in new business lines, expects new business revenue to offset automation headwinds and drive stable to improved margins, with 50% of revenue now from newer businesses. Company reduced net debt by $211M in the quarter, targets further deleveraging to ~2.2x by fiscal 2027 year-end, and raised its dividend, showing commitment to capital returns while maintaining financial flexibility. Recommended For You
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