Cerence Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line [Yahoo! Finance]
Cerence Inc. (CRNC)
Last cerence inc. earnings: 2/11 07:00 am
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Source: Yahoo! Finance
2.2%. However, the company's net loss widened to $588.1m, resulting in a loss per share of $14.12. Despite this, the company's shares are up 91% from a week ago. Looking ahead, revenue is expected to decline by 10% per annum over the next three years, contrasting with the expected 12% growth in the US software industry. Revenue: US$331.5m (up 13% from FY 2023). Net loss: US$588.1m (loss widened by US$531.8m from FY 2023). US$14.12 loss per share (further deteriorated from US$1.40 loss in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) was mostly in line with analyst estimates. Looking ahead, revenue is expected to decline by 10% p.a. on average during the next 3 years, while revenues in the Software industry in the US are expected to grow by 12%. Performance of the American Software industry. The company's shares are up 91% from a week ago. Before you take t
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News
- Cerence Stock Rises 151% in a Month: Is There More Room to Run? [Yahoo! Finance]Yahoo! Finance
- Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4) [Yahoo! Finance]Yahoo! Finance
- Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4)GlobeNewswire
- Cerence AI Names Tony Rodriquez as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Cerence AI Names Tony Rodriquez as Chief Financial OfficerGlobeNewswire
CRNC
Earnings
- 11/21/24 - Beat
CRNC
Sec Filings
- 12/13/24 - Form PRE
- 12/10/24 - Form 4
- 12/5/24 - Form S-8
- CRNC's page on the SEC website