U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Tuesday.
Shares of Concentrix Corp (NASDAQ:CNXC) fell sharply in pre-market trading after the company reported worse-than-expected second-quarter financial results and cut its FY26 guidance below estimates.
Concentrix reported quarterly earnings of $2.63 per share, which missed the analyst consensus estimate of $2.64, according to Benzinga Pro data.
Quarterly revenue came in at $2.46 billion, which missed the consensus estimate of $2.47 billion by 0.44%.
Concentrix shares dipped 24% to $19.19 in pre-market trading.
