US stock futures are pointing upwards this morning, with the Dow futures gaining around 200 points. However, Concentrix Corporation shares are taking a hit in pre-market trading after their mixed third-quarter financial results. Several other stocks are also experiencing losses in pre-market trading, including One Liberty Properties, Pagaya Technologies, Critical Metals, CarMax, Armada Hoffler Properties, and Sonos.
Results for: Concentrix
Concentrix Corp (CNXC) reported its third-quarter financial results, showcasing strong revenue growth but falling short of earnings expectations. The company also launched iX Hello, a generative AI-powered solution, and provided its outlook for the fourth quarter and fiscal year 2024.