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Concentrix (Concentrix) Net Income : $278 Mil (TTM As of Feb. 2024)


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What is Concentrix Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Concentrix's Net Income for the three months ended in Feb. 2024 was $52 Mil. Its Net Income for the trailing twelve months (TTM) ended in Feb. 2024 was $278 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Concentrix's Earnings per Share (Diluted) for the three months ended in Feb. 2024 was $0.79.


Concentrix Net Income Historical Data

The historical data trend for Concentrix's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Concentrix Net Income Chart

Concentrix Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Income
Get a 7-Day Free Trial 117.16 164.81 405.58 435.05 313.84

Concentrix Quarterly Data
Nov18 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.87 78.85 77.64 69.49 52.10

Concentrix Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Concentrix's Net Income for the fiscal year that ended in Nov. 2023 is calculated as

Net Income(A: Nov. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=408.228+-94.386+0+0
=314

Concentrix's Net Income for the quarter that ended in Feb. 2024 is calculated as

Net Income(Q: Feb. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=72.824+-20.722+0+0
=52

Net Income for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $278 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Concentrix  (NAS:CNXC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Concentrix's Earnings per Share (Diluted) (EPS) for the quarter that ended in Feb. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Concentrix Net Income Related Terms

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Concentrix (Concentrix) Business Description

Traded in Other Exchanges
Address
39899 Balentine Drive, Newark, CA, USA, 94560
Concentrix Corp is a technology-enabled company specialized in customer engagement and customer management. The company provides end-to-end solutions that facilitate communication between clients and their customers, provide analytics and process optimization, and support client-centric operations and back-office processing across the enterprise. The solutions are provided in four complementary areas: Customer Lifecycle Management; CX/UX Strategy and Design; Digital Transformation; and VOC and Analytics. Also, the company provides insurance solutions, marketing solutions, and automation solutions.
Executives
Jane Fogarty officer: EVP, Legal 39899 BALENTINE DRIVE, SUITE 235, NEWARK CA 94560
Dennis Polk director 44201 NOBEL DRIVE, FREMONT CA 94538
Christopher A Caldwell director, officer: President and CEO 39899 BALENTINE DRIVE, SUITE 235, NEWARK CA 94560
Olivier Duha director 39899 BALENTINE DRIVE, STE 235, NEWARK CA 94560
Vi Sa Finpar 10 percent owner AVENUE MARNIX 24, BRUSSELS C9 1000
Sapiens S.a R.l. 10 percent owner 19-21, ROUTE D'ARLON, STRASSEN N4 L-8009
Gbl Verwaltung S.a. 10 percent owner 19-21, ROUTE D'ARLON, STRASSEN N4 L-8009
V Sa Finpar 10 percent owner AVENUE MARNIX 24, BRUSSELS C9 1000
Nicolas Gheysens director C/O GBL VERWALTUNG S.A., 19-21, ROUTE D'ARLON, STRASSUN N4 L-8009
Bruxelles Lambert Groupe 10 percent owner 24 AVENUE MARNIX, BRUSSELS C9 1000
Kathryn Hayley director C/O AON CORPORATION, LAW DEPT, 200 EAST RANDOLPH STREET, 8TH FLOOR, CHICAGO IL 60601
Twomey Cormac J officer: EVP, Global Ops & Delivery 201 EAST FOURTH STREET, CONVERGYS CORPORATION, CINCINNATI OH 45202
Peer Developments Ltd 10 percent owner 4TH FLOOR, NO. 75, SEC. 3,, MING-SHENG E. ROAD,, TAIPEI F5 00000
Matthew Miau 10 percent owner 44201 NOBEL DRIVE, FREMONT CA 94538
Silver Star Developments Ltd 10 percent owner NO 200 WEN HWA 2ND RD, KUEI SHAN HSIANG, TAOYUAN F5 00000