Brief: Cerence Announces First Quarter Fiscal Year 2023 Results

Cerence

08/02/2023 12:17

Feb 8 (Reuters) - Cerence Inc  CRNC.O :
    * CERENCE ANNOUNCES FIRST QUARTER FISCAL YEAR 2023 RESULTS
    * SECOND QUARTER FISCAL YEAR 2023 REVENUE IS EXPECTED TO BE
IN THE
RANGE OF $64 MILLION TO $68 MILLION
    * FOR FULL FISCAL YEAR ENDING SEPT 30, RAISED LOW END OF
INITIAL
GUIDANCE WITH REVENUE NOW EXPECTED TO BE IN RANGE OF $275
MILLION TO $290 MILLION
    * QTRLY GAAP NET LOSS PER SHARE - DILUTED $0.05
    * QTRLY NON-GAAP NET INCOME PER SHARE - DILUTED $0.36
    * Q1 EARNINGS PER SHARE VIEW $0.09 -- REFINITIV IBES DATA
    * Q2 REVENUE VIEW $68.2 MILLION -- REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $280.7 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX5ndXY2 
Further company coverage:  CRNC.O 
 ((Reuters.Briefs@thomsonreuters.com;))