Previous close | 6.28 |
Open | 6.26 |
Bid | 5.32 x 400 |
Ask | 5.36 x 400 |
Day's range | 5.28 - 6.27 |
52-week range | 5.28 - 36.79 |
Volume | |
Avg. volume | 557,883 |
Market cap | 223.507M |
Beta (5Y monthly) | 2.56 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.82 |
Earnings date | 06 Aug 2024 - 12 Aug 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 18.29 |
Company Lowers Full-Year Guidance Amidst Goodwill Impairment and Market Adjustments
Cerence ( NASDAQ:CRNC ) Second Quarter 2024 Results Key Financial Results Revenue: US$67.8m (flat on 2Q 2023). Net...
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