NASDAQ Framework: Concentrix Corporation

Technology-infused customer experience (CX) solutions provider 1.

Concentrix Corporation, founded in 2004 and headquartered in Newark, California, engages in the provision of technology-infused customer experience (CX) solutions worldwide 2. The company offers a wide array of services including CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services across various communication channels such as voice, chat, email, social media, and custom applications 3. Concentrix serves clients in diverse industries including technology, consumer electronics, retail, travel, e-commerce, communications, media, banking, financial services, insurance, and healthcare 4. The company is also known for its strong management and significant insider ownership, with 28.37 percent of shares owned by insiders and 66.16 percent held by financial institutions 5.

2: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source3: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source4: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source5: Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 28.37 percent of Concentrix Corp. shares are owned by insiders, and 66.16 percent are held by financial institutions. Twomey Cormac J, the EVP, Global Ops & Delivery at Concentrix Corp. (CNXC) has sold 400 shares of firm on Jun 28 ’24 at a price of $63.21 against the total amount of $25284.0. In another inside trade, Twomey Cormac J, EVP, Global Ops & Delivery of Concentrix Corp. (NASDAQ:CNXC) sold 400 shares of the firm on May 29 ’24 for a total worth of $24512.0 at a price of $61.28. An inside trade which took place on Apr 29 ’24, EVP, Global Ops & Delivery of Concentrix Corp. Twomey Cormac J sold 400 shares of firm against total price of $22004.0 at the cost of $55.01 per share. View Source

UNKNOWN

The provided facts do not contain information about whether Concentrix Corporation is still led by its founders or if the founders are heavily involved in the company.

LOW RISK

Concentrix Corporation appears to be in a stable financial situation. The company has shown profitability, beating analyst forecasts with Q2 revenue of $2.38 billion versus the street estimate of $2.35 billion 6 and Q2 EPS of $2.69 versus the street estimate of $2.63 7. Additionally, Concentrix has provided positive earnings guidance for both Q3 and the full fiscal year 2024 8. The company's financial strength is further supported by its medium rating in financial strength and high ratings in management and safety 9. Furthermore, Concentrix has declared a quarterly dividend, indicating a healthy cash flow 10.

6: Earnings Flash (CNXC) CONCENTRIX CORPORATION Reports Q2 Revenue $2.38B, vs. Street Est of $2.35B View Source7: Earnings Flash (CNXC) CONCENTRIX CORPORATION Reports Q2 EPS $2.69, vs. Street Est of $2.63 View Source8: Concentrix Corporation Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2024 View Source9: Raising target price to $82.00 CONCENTRIX CORP has an Investment Rating of BUY; a target price of $82.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High. Rating Price Target Argus• 7 days ago Lowering target price to $72.00 CONCENTRIX CORP has an Investment Rating of BUY; a target price of $72.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High. Rating Price Target Argus• 14 days ago Raising target price to $73.00 CONCENTRIX CORP has an Investment Rating of BUY; a target price of $73.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High. Rating Price Target Argus• 21 days ago Raising target price to $65.00 CONCENTRIX CORP has an Investment Rating of BUY; a target price of $65.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High. Rating Price Target Argus• 28 days ago View Source10: Concentrix Corporation Declares Quarterly Dividend, Payable on August 6, 2024 View Source

NO

The provided facts do not contain any information about Concentrix Corporation launching new product offerings.

Concentrix Corporation's product roadmap and expansion strategy for 2024 through to 2026 focus on enhancing its technology-infused customer experience (CX) solutions and expanding its market presence. The company aims to continue optimizing CX processes, innovating technology, automating front- and back-office operations, and providing analytics and business transformation services across various communication channels 11. This strategy includes leveraging AI technology to improve customer engagement and loyalty, as well as expanding its vertical business process outsourcing (BPO) services to support clients in non-customer facing areas 12. Concentrix also plans to maintain its strong financial performance and management capabilities, as evidenced by its consistent earnings beats and positive financial guidance 13 14 15 16.

11: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source12: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source13: Earnings Beat: Concentrix Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models View Source14: Concentrix Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal Q3, 2024 Guidance Set View Source15: Concentrix Guides For FY 2024 EPS of $11.40-$12.07 on Revenue of $9.58-$9.675 Billion, vs CIQ Analyst Consensus of $11.92/Share on Revenue of $9.6 Billion View Source16: Concentrix Guides For Q3 EPS of $2.76-$3.04 on Revenue of $2.35-$2.40 Billion, vs CIQ Analyst Consensus of $3.23/Share on Revenue of $2.38 Billion View Source

Sources

1: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source2: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source3: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source4: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source5: Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 28.37 percent of Concentrix Corp. shares are owned by insiders, and 66.16 percent are held by financial institutions. Twomey Cormac J, the EVP, Global Ops & Delivery at Concentrix Corp. (CNXC) has sold 400 shares of firm on Jun 28 ’24 at a price of $63.21 against the total amount of $25284.0. In another inside trade, Twomey Cormac J, EVP, Global Ops & Delivery of Concentrix Corp. (NASDAQ:CNXC) sold 400 shares of the firm on May 29 ’24 for a total worth of $24512.0 at a price of $61.28. An inside trade which took place on Apr 29 ’24, EVP, Global Ops & Delivery of Concentrix Corp. Twomey Cormac J sold 400 shares of firm against total price of $22004.0 at the cost of $55.01 per share. View Source6: Earnings Flash (CNXC) CONCENTRIX CORPORATION Reports Q2 Revenue $2.38B, vs. Street Est of $2.35B View Source7: Earnings Flash (CNXC) CONCENTRIX CORPORATION Reports Q2 EPS $2.69, vs. Street Est of $2.63 View Source8: Concentrix Corporation Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2024 View Source9: Raising target price to $82.00 CONCENTRIX CORP has an Investment Rating of BUY; a target price of $82.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High. Rating Price Target Argus• 7 days ago Lowering target price to $72.00 CONCENTRIX CORP has an Investment Rating of BUY; a target price of $72.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High. Rating Price Target Argus• 14 days ago Raising target price to $73.00 CONCENTRIX CORP has an Investment Rating of BUY; a target price of $73.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High. Rating Price Target Argus• 21 days ago Raising target price to $65.00 CONCENTRIX CORP has an Investment Rating of BUY; a target price of $65.000000; an Industry Subrating of Low; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High. Rating Price Target Argus• 28 days ago View Source10: Concentrix Corporation Declares Quarterly Dividend, Payable on August 6, 2024 View Source11: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source12: Concentrix Corporation engages in the provision of technology-infused customer experience (CX) solutions worldwide. The company provides CX process optimization, technology innovation, front- and back-office automation, analytics, and business transformation services, across various channels of communication, such as voice, chat, email, social media, asynchronous messaging, and custom applications. It also offers customer lifecycle management; customer experience/user experience strategy and design; analytics and actionable insights; digital transformation services that design and engineer CX solutions to enable efficient customer self-service and build customer loyalty; customer engagement solutions and services that address the entirety of the customer lifecycle; AI technology that can intelligently act on customer intent to improve customer experience with non-human engagement; voice of the customer and analytics solutions to gather and analyze customer feedback to foster loyalty to, and growth with, clients; analytics and consulting solutions that synthesize data and provide professional insight to improve clients' customer experience strategies; vertical business process outsourcing (BPO) services; and back office BPO services that support clients in non-customer facing areas. The company's clients include technology and consumer electronics, retail, travel and e-commerce, communications and media, banking, financial services and insurance, healthcare, and others, as well as global IPOs, social brands, and banks. Concentrix Corporation was founded in 2004 and is based in Newark, California. View Source13: Earnings Beat: Concentrix Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models View Source14: Concentrix Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal Q3, 2024 Guidance Set View Source15: Concentrix Guides For FY 2024 EPS of $11.40-$12.07 on Revenue of $9.58-$9.675 Billion, vs CIQ Analyst Consensus of $11.92/Share on Revenue of $9.6 Billion View Source16: Concentrix Guides For Q3 EPS of $2.76-$3.04 on Revenue of $2.35-$2.40 Billion, vs CIQ Analyst Consensus of $3.23/Share on Revenue of $2.38 Billion View Source