Concentrix shares are trading lower after the company reported worse-than-expected Q3 financial results and issued Q4 adjusted EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Concentrix reported worse-than-expected Q3 financial results and issued Q4 adjusted EPS guidance below estimates, causing its shares to trade lower.
September 27, 2023 | 8:42 pm
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Concentrix's shares are trading lower due to worse-than-expected Q3 results and lower Q4 EPS guidance.
Concentrix's worse-than-expected Q3 results and lower Q4 EPS guidance are negative indicators for the company's financial performance, which is likely to negatively impact the stock price in the short term.
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