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0 0 0.0284210526315789 0.0284210526315789 -0.2 -0.159978947368421 -0.163463157894737 -0.194736842105263
Stock impact report

Cerence Announces Second Quarter Fiscal Year 2024 Results

Cerence Inc. (CRNC) 
Last cerence inc. earnings: 2/11 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
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 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today reported its second quarter fiscal year 2024 results for the quarter ended March 31, 2024. Results Summary (1,2) (in millions, except per share data)   Three Months Ended  Six Months Ended   March 31,  March 31,   2024  2023  2024  2023 GAAP revenue $67.8  $68.4  Show less Read more
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