
Levi & Korsinsky Announces Investigation of Securities Claims Against Concentrix (CNXC)
GlobeNewsWire
Published: Jul 10, 2026, 10:00 PM GMT+9
Sentiment Analysis
Concentrix (NASDAQ: CNXC) shares opened down more than 20% on June 30, 2026 after the company reported Q2 2026 earnings and revenue below expectations and slashed its full-year 2026 guidance. Investors who lost money on Concentrix are encouraged to submit their information now . You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500. The sell-off followed a quarterly earnings report filed June 29, 2026 in which Concentrix cut FY 2026 revenue guidance from a $10.11 billion midpoint to $9.93-$10.03 billion and reduced non-GAAP EPS guidance from $11.48-$12.07 to $10.83-$11.18. The company cited off-shoring headwinds of approximately 300 basis points alongside some customers reallocating their spending distribution. Levi & Korsinsky is investigating whether Concentrix made materially misleading statements prior to the June 29 disclosure. On January 13, 2026, Concentrix had initially provided the guided figures. CFO Andre Valentine separately reaffirmed the Company’s revenue, earnings, and cash flow guidance as recently as March 24, 2026. Shareholders who suffered losses on their CNXC investment are encouraged to get more information about this investigation . You may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
Source: GlobeNewsWire
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