tiprankstipranks
Concentrix sees FY23 revenue $6.705B-$6.83B, consensus $6.79B
The Fly

Concentrix sees FY23 revenue $6.705B-$6.83B, consensus $6.79B

Full year adjusted constant currency revenue growth is expected to be in the range of 4% to 6%. Based on current exchange rates, our expectations assume a 0.5-point negative impact of foreign exchange rates compared with the prior year. Additionally, our expectations exclude an expected revenue contribution of approximately $160M for the full year from acquired operations not included in the full prior year results. Based on the above assumptions, we expect full year reported revenue in the range of $6.705B to $6.83B. Operating income is expected to be in the range of $719M to $759M and non-GAAP operating income is expected to be in the range of $950M to $990M. The effective tax rate is expected to approximate 26%.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on CNXC:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles