Cerence (CRNC) Misses Q4 EPS by 6c ; Offers Guidance

Cerence (NASDAQ: CRNC) reported Q4 EPS of $0.09, $0.06 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $80.8 million versus the consensus estimate of $74.37 million.

GUIDANCE:

Cerence sees Q1 2024 revenue of $128-132 million, versus the consensus of $80.43 million.

Cerence sees FY2024 revenue of $355-375 million, versus the consensus of $357.1 million.

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

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