Cerence (CRNC) Tops Q1 EPS by 21c ; Offers Guidance

Cerence (NASDAQ: CRNC) reported Q1 EPS of $1.12, $0.21 better than the analyst estimate of $0.91. Revenue for the quarter came in at $138.3 million versus the consensus estimate of $131.03 million.

GUIDANCE:

Cerence sees FY2024 revenue of $355-375 million, versus the consensus of $360.6 million.

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

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Sun Communities names Ileana McAlary as general counsel and EVP
• Morgan Stanley sees little room left in steel rally, cuts Cleveland-Cliffs rating