BUZZ-Concentrix plunges after bleak third-quarter profit forecast

Concentrix Corporation

Concentrix Corporation

CNXC

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** Shares of customer experience firm Concentrix CNXC.O plunge 25% to $19.00

** Forecasts Q3 adjusted EPS between $2.65 and $2.77 vs analysts' avg. estimate of $3.09 per share - data compiled by LSEG

** Co posts Q2 adjusted earnings of $2.63 per share vs estimate of $2.64 per share

** CNXC reports Q2 revenue of $2.46 bln, compared to $2.41 bln year ago

** As of last close, CNXC down 39.2% YTD


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