Cerence Announces Second Quarter Fiscal Year 2023 Results

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Cerence (CRNC) Tops Q2 EPS by 9c; Offers FY23 Revenue Guidance

May 9, 2023 7:04 AM EDT

Cerence (NASDAQ: CRNC) reported Q2 EPS of ($0.04), $0.09 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $68.4 million versus the consensus estimate of $65.96 million.

GUIDANCE:

Cerence sees FY2023 revenue of $280-290 million, versus the consensus of $286.2... More