Cerence(CRNC) - 2024 Q2 - Quarterly Results

Cerence Announces Second Quarter Fiscal Year 2024 Results • 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 plan • Company 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 Results Summary (1,2) | --- | --- | --- | --- | --- | --- | --- | --- | --- | |- ...