Concentrix

Q2 FY2026 EarningsQ2 FY26 revenue was slightly below consensus ($2.46B vs. $2.47B), while normalized EPS of $2.63 missed the $2.64 estimate. Gross margin came in at 33.4%, underperforming the expected 34.1% due to elevated restructuring costs and wage inflation. Although BFS and Retail verticals showed strong double-digit growth, a 5.8% decline in Technology & Consumer Electronics and significant severance expenses weighed on the bottom line.