— Shares declined 5.1% after the company's third-quarter earnings report missed on both the top and bottom lines. Concentrix posted adjusted earnings of $2.71 per share on revenue of $1.63 billion.
Analysts polled by FactSet had estimated Concentrix would earn $2.85 per share and revenue of $1.64 billion. The company's fourth-quarter earnings forecast of $3.03 to $3.15 per share also fell below analyst forecasts of $3.33 per share, according to FactSet.
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