# Concentrix cuts revenue outlook as client AI adoption accelerates

_Published Wednesday, September 30, 2026 at 2:25 PM EDT · Products · Latest · Tier 2 — Notable_

![Concentrix cuts revenue outlook as client AI adoption accelerates — Primary](https://coincentral.com/wp-content/uploads/2026/06/Concentrix.jpg?wsr)

Concentrix forecast a 3% to 5% fourth-quarter revenue decline on a constant-currency basis, pointing to faster client adoption of AI and shifting hyperscaler spending. The customer experience company reported its fiscal third-quarter results on September 29 and lowered full-year revenue guidance to $9.827 billion to $9.877 billion.

The quarter produced an operating loss of $910 million, compared with operating income of $147 million a year earlier, and included a $1.05 billion non-cash goodwill impairment charge. Adjusted free cash flow reached a third-quarter record of $218 million. Chief Executive Chris Caldwell said more than 50% of revenue now comes from AI-influenced or newly transformed client programs.

## Sources

- [CoinCentral](https://coincentral.com/concentrix-cnxc-stock-tumbles-11-after-earnings-as-ai-transition-hits-revenue/)

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Canonical: https://techandbusiness.org/newswire/L85z-abbXzb_BjW7UX_n2D
Published: 2026-09-30T18:25:20.252Z
Story chronology: 2026-09-29T00:00:00.000Z
Retrieved: 2026-09-30T21:22:39.526Z
Publisher: Tech & Business (techandbusiness.org)