Cerence Inc

NASDAQ:CRNC   3:59:54 PM EDT
72.56
+1.93 (+2.73%)
: $72.86 +0.30 (+0.41%)
Other Pre-Announcement

Cerence Reports Q4 Profit Of 20 Cents Per Share

Published: 11/22/2021 12:18 GMT
Cerence Inc (CRNC) - Cerence Announces Fourth Quarter and Fiscal Year 2021 Results.
Quarterly Revenue Grew 7.5% to $98.1 Million.
Qtrly Earnings per Share $0.20.
Qtrly Non-GAAP Net Income per Share - Diluted $0.66.
For Fiscal Quarter Ending Dec 31, 2021 Revenue Expected in Range of $91 Million to $96 Million.
Expect to Grow Above Ihs Auto Production Forecast in 2022, Accounting for Industry Headwinds, $23 Million Reduction From "legacy" Contract.
Q4 Earnings per Share View $0.56, Revenue View $97.9 Million -- Refinitiv Ibes Data (analyst estimates).
Sees FY22 Revenue to Be in Range of $400 Million to $425 Million.