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TM CONCENTRIX Concentrix Reports Strong First Quarter 2021 Results Above Guidance , Expects Full - Year Double - Digit Revenue Growth Fremont , Calif . , March 24 , 2021 – Concentrix Corporation ( NASDAQ : CNXC ) , a leading global provider of customer experience ( CX ) solutions and technology , today announced financial results for the first quarter ended February 28 , 2021 . Three Months Ended February 28 , 2021 Revenue ( $ M ) $ 1,353.3 $ February 29 , 2020 1,188.6 Change 13.9 % Operating income ( $ M ) $ 134.9 $ 88.2 52.9 % Non - GAAP operating income ( $ M ) ( ( 1 ) 176.6 $ 144.8 22.0 % Operating margin 10.0 % 7.4 % 260 bps Non - GAAP operating margin ( 1 ) 13.1 % 12.2 % 90 bps Net income ( $ M ) $ 88.8 $ 52.3 69.8 % Non - GAAP net income ( $ M ) ( 1 ) $ 120.0 $ 95.4 25.8 % Adjusted EBITDA ( $ M ) ( ¹ ) Adjusted EBITDA margin ( 1 ) $ 212.6 $ 176.5 20.5 % 15.7 % 14.8 % 90 bps Diluted earnings per share ( 2 ) Non - GAAP diluted earnings per share ( 1 ) , ( 2 ) $ 1.69 $ 1.01 67.3 % $ 2.29 $ 1.85 23.8 % ( 1 ) See non - GAAP reconciliations included in the accompanying financial tables for the reconciliation of each non - GAAP measure to its most directly comparable GAAP measure . ( 2 ) For the three months ended February 29 , 2020 , weighted average number of shares used for diluted EPS is based on the number of shares issued in connection with the spin - off of 51.6 million . First Quarter Fiscal 2021 Highlights : • • • Revenue was $ 1,353.3 million , up 13.9 % from the prior year first quarter and 11.7 % on a constant currency basis , compared with $ 1,188.6 million in the prior year first quarter . Operating income was $ 134.9 million , or 10.0 % of revenue , compared with $ 88.2 million , or 7.4 % of revenue , in the prior year first quarter . Non - GAAP operating income was $ 176.6 million , or 13.1 % of revenue , compared with $ 144.8 million , or 12.2 % of revenue , in the prior year first quarter . Adjusted EBITDA was $ 212.6 million , or 15.7 % of revenue , compared with $ 176.5 million , or 14.8 % of revenue , in the prior year first quarter .