Concentrix Declares $0.36 Quarterly Dividend, Holds Payout Steady
Concentrix Corp (NASDAQ: CNXC), a technology-enabled business services company, declared a quarterly dividend of $0.36 per share, unchanged from its prior payment. The dividend will be paid May 5 to shareholders of record April 24.
Concentrix Corp (NASDAQ: CNXC), a technology-enabled business services company, declared a quarterly dividend of $0.36 per share, unchanged from its prior payment of $0.36 per share paid February 10, 2026. Read more dividend announcements.
The dividend will be paid May 5, 2026, to shareholders of record at the close of business on April 24, 2026.
| Dividend Details | |
|---|---|
| Amount | $0.36 per share |
| Record Date | April 24, 2026 |
| Payment Date | May 5, 2026 |
| Frequency | Quarterly |
First Quarter Results
The Fremont, California-based company reported first quarter fiscal 2026 revenue of $2,500.4 million, an increase of 5.4% year-on-year. On a constant currency basis, revenue grew 1.9%.
Operating income was $118.6 million, or 4.7% of revenue, compared to $168.9 million, or 7.1% of revenue, in the prior year first quarter. Diluted earnings per share came in at $0.33, down from $1.04 in the prior year period.
Non-GAAP operating income was $295.0 million, or 11.8% of revenue, compared with $321.5 million, or 13.6% of revenue in the prior year first quarter. Non-GAAP diluted EPS was $2.61 compared to $2.79 in the prior year first quarter.
Adjusted EBITDA totaled $348.2 million, or 13.9% of revenue, compared with $374.2 million, or 15.8% of revenue in the prior year first quarter.
Capital Allocation
Concentrix repurchased approximately 1 million shares in the first quarter at a cost of $42.0 million at an average price of $40.06 per share. The company's remaining share repurchase authorization stood at $396.6 million at February 28, 2026.
Cash flow used in operations was $83.2 million in the quarter. Adjusted free cash flow was a use of $144.6 million in the quarter.
Outlook
For the second quarter of fiscal 2026, the company expects revenue of $2.460 billion to $2.485 billion. At current exchange rates, the guidance assumes an approximate 75-basis point positive impact from foreign exchange rates compared with the prior year period, implying constant currency revenue growth of 1.0% to 2.0%.
Operating income is expected to range from $128 million to $138 million for the second quarter.