Cerence Inc. (0S6.F)

Frankfurt - Frankfurt Delayed Price. Currency in EUR

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4.4345

+0.1120

(+2.59%)

At close: 03:29PM CEST

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GuruFocus.com
Cerence Inc (CRNC) Faces Financial Challenges in Q2 2024 Despite Revenue Outperformance
Company Lowers Full-Year Guidance Amidst Goodwill Impairment and Market Adjustments
Simply Wall St.
Cerence Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Cerence ( NASDAQ:CRNC ) Second Quarter 2024 Results Key Financial Results Revenue: US$67.8m (flat on 2Q 2023). Net...
GlobeNewswire
Cerence Announces Second Quarter Fiscal Year 2024 Results
Headlines Q2 revenue above the high end of the guidance range due to OEM-related adjustments; however, Company lowering its FY24 guidance and withdrawing its multi-year planIncluded in Q2 results is a Goodwill impairment charge of approximately $252 millionCompany believes that initial success with new generative AI products, including six design wins, and early validation of its next-gen platform will provide a solid foundation to reinvigorate future growth BURLINGTON, Mass., May 09, 2024 (GLOB