Company Overview - Cerence (CRNC) shares increased by 14.8% to $9.96 in the last trading session, with a higher-than-average trading volume [1] - The stock has gained 1.6% over the past four weeks [1] - Cerence is experiencing growth due to the adoption of connected vehicle technologies, advancements in AI-driven automotive solutions, and diversification into non-automotive sectors [1] Financial Performance - Cerence is expected to report a quarterly loss of $0.34 per share, reflecting a year-over-year decline of 279% [2] - Projected revenues for the upcoming quarter are $53.93 million, which is a decrease of 23.6% compared to the same quarter last year [2] - The consensus EPS estimate for Cerence has remained unchanged over the last 30 days, indicating a lack of upward revisions in earnings estimates [3] Industry Context - Cerence is part of the Zacks Computers - IT Services industry, which includes other companies like Telos Corporation (TLS) [3] - Telos is expected to report an EPS of -$0.05, showing a year-over-year improvement of 44.4% [4] - Both Cerence and Telos currently hold a Zacks Rank of 3 (Hold) [3][4]