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Concentrix cuts FY25 EPS view to $11.11-$11.23 from $11.53-$11.76

Consensus $11.69. Narrows FY25 revenue view to $9.8B-$9.82B from $9.72B-$9.82B, consensus $9.78B. Sees FY25 effective tax rate 24%. The company said, “In addition, the Company expects to generate approximately $585 million to $610 million of adjusted free cash flow in fiscal year 2025. The Company also expects to return approximately $240 million to shareholders in fiscal 2025 through share repurchases and dividends.”

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