Concentrix slides after $1.05 billion impairment charge drives Q3 loss
Concentrix shares fell 11.5% to $22.02 premarket after a $1.05 billion non-cash goodwill impairment led to a Q3 loss of $16.24 per share. Q3 revenue was $2.45 billion vs $2.48 billion estimates; adj. EPS was $2.92 vs $2.71 estimates.