Brief: Cerence Announces Second Quarter Fiscal Year 2023 Results

Cerence

09/05/2023 12:26

May 9 (Reuters) - Cerence Inc  CRNC.O :
    * CERENCE ANNOUNCES SECOND QUARTER FISCAL YEAR 2023 RESULTS
    * SEES FISCAL QUARTER ENDING JUNE 30, 2023 TO BE IN RANGE OF
$58
MILLION TO $62 MILLION
    * SEES FISCAL QUARTER ENDING JUNE 30, 2023 ADJUSTED EBITDA
TO BE
IN RANGE OF APPROXIMATELY ($5) MILLION TO ($1) MILLION
    * SEES FULL FISCAL YEAR ENDING SEPTEMBER 30, 2023, REVENUE
TO BE
IN RANGE OF $280 MILLION TO $290 MILLION
    * FY ADJUSTED EBITDA IS EXPECTED TO BE IN RANGE OF
APPROXIMATELY
$27 MILLION TO $34 MILLION
    * Q2 GAAP NET LOSS PER SHARE - DILUTED $(0.65)
    * Q2 NON-GAAP NET LOSS PER SHARE - DILUTED $(0.04)

Source text for Eikon:  ID:nGNX269CY9 
Further company coverage:  CRNC.O 

 ((Reuters.Briefs@thomsonreuters.com;))