Missed Earnings and Reduced Guidance Pulled Back Cerence (CRNC) in Q2 [Yahoo! Finance]
Cerence Inc. (CRNC)
Last cerence inc. earnings: 2/11 07:00 am
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Source: Yahoo! Finance
A copy of the letter can be downloaded here . Major index returns increased in the quarter due to strong earnings from large-cap technology companies, especially those connected to artificial intelligence. However, the market's breadth revealed a different picture. The fund returned -5.03% (net) during the quarter underperforming the -4.27% return of the Russell 2500 Index and -4.31% returns of the secondary benchmark the Russell 2500 Value Index. In addition, please check the fund's top five holdings to know its best picks in 2024. Meridian Contrarian Fund highlighted stocks like Cerence Inc. (NASDAQ: CRNC ) in its Q2 2024 investor letter. Cerence Inc. (NASDAQ:CRNC) offers AI-powered virtual assistants for mobility/transportation. The one-month return of Cerence Inc. (NASDAQ:CRNC) was 7.09%, and its shares lost 86.80% of their value over the last 52 weeks. On September 11, 2024, Cerence Inc. (NASDAQ:CRNC) stock closed at $2.87 per share with a market capitalization of $119.978 mill
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CRNC
News
- Cerence Boosts Skoda's In-Car Experience: Should You Buy CRNC Stock? [Yahoo! Finance]Yahoo! Finance
- Škoda Deploys Cerence Chat Pro, Bringing Generative AI to its Voice Assistant, LauraGlobeNewswire
- Cerence Stock Surges 15.3% in a Month: Should You Buy the Stock? [Yahoo! Finance]Yahoo! Finance
- Volkswagen is rolling out its ChatGPT assistant to the US [TechCrunch]TechCrunch
- New VWs will answer some of your questions with ChatGPT [Verge, The]Verge, The
CRNC
Earnings
- 8/8/24 - Beat
CRNC
Sec Filings
- 9/4/24 - Form 4
- 9/3/24 - Form 144
- 8/14/24 - Form SC
- CRNC's page on the SEC website