Investing.com - Cerence (NASDAQ: CRNC) reported second quarter EPS of $-0.09, $0.13 better than the analyst estimate of $-0.22. Revenue for the quarter came in at $67.8M versus the consensus estimate of $62.14M.
Guidance
Cerence sees Q3 2024 revenue of $66.00M-$72.00M versus the analyst consensus of $75.76M.
Cerence sees FY 2024 revenue of $318.00M-$332.00M versus the analyst consensus of $360.00M.
Cerence's stock price closed at $9.56. It is down -42.65% in the last 3 months and down -58.43% in the last 12 months.
Cerence saw 1 positive EPS revisions and 3 negative EPS revisions in the last 90 days. See Cerence's stock price’s past reactions to earnings here.
According to InvestingPro, Cerence's Financial Health score is "fair performance".
Check out Cerence's recent earnings performance, and Cerence's financials here.
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