Concentrix Plunges 24%, Teleperformance Falls 16% Overnight on Revenue Warning

Overnight, Concentrix Corp. stock plunged 24% in early trading, while French peer Teleperformance SE fell 16% to a decade-low, after Concentrix cut its 2026 fiscal year revenue guidance by approximately $130 million at the midpoint. The downgrade follows warnings that some customers are reducing call center spending as enterprises increasingly shift to artificial intelligence for customer service operations.
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