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Cerence (CRNC) Tops Q2 EPS by 13c ; Offers Guidance

May 9, 2024 7:07 AM

Cerence (NASDAQ: CRNC) reported Q2 EPS of ($0.09), $0.13 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $67.8 million versus the consensus estimate of $62.14 million.

GUIDANCE:

Cerence sees Q3 2024 revenue of $66-72 million, versus the consensus of $75.76 million.

Cerence sees FY2024 revenue of $318-332 million, versus the consensus of $360 million.

For earnings history and earnings-related data on Cerence (CRNC) click here.

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Earnings Guidance

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