Cerence (NASDAQ:CRNC) just disclosed its Q1 earnings on Thursday, February 6, 2025 at 04:05 PM.

Here's a brief overview of the earnings report.

Earnings

Cerence beat estimated earnings by 88.0%, reporting an EPS of $-0.03 versus an estimate of $-0.26.

Revenue was down $87.44 million from the same period last year.

Earnings History Overview

Last quarter the company beat on EPS by $0.31 which was followed by a 23.0% increase in the share price the next day.

Here's a look at Cerence's past performance:

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Cerence management provided guidance for FY 2025, expecting earnings between $-0.15 and $0.1 per share.

To track all earnings releases for Cerence visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.