Cerence Inc
General ticker "CRNC" information:
- Sector: Information Technology
- Industry: Software
- Capitalization: $315.5M
Cerence Inc does not follow the US Stock Market performance with the rate: -26.2%.
Estimated limits based on current volatility of 6.4%: low 7.49$, high 8.51$
Factors to consider:
- US accounted for 29.6% of revenue in the fiscal year ended 2023-09-30
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-09-30 to 2026-09-30
- 2024-09-30 to 2025-09-30 estimated range: [2.52$, 7.55$]
- 2025-09-30 to 2026-09-30 estimated range: [2.80$, 7.52$]
Short-term CRNC quotes
Long-term CRNC plot with estimates
Financial data
| YTD | 2022-09-30 | 2023-09-30 | 2024-09-30 |
|---|---|---|---|
| Operating Revenue | $327.89MM | $294.48MM | $331.50MM |
| Operating Expenses | $512.24MM | $321.67MM | $911.44MM |
| Operating Income | $-184.34MM | $-27.20MM | $-579.94MM |
| Non-Operating Income | $-14.41MM | $-9.19MM | $-4.67MM |
| Interest Expense | $14.39MM | $14.77MM | $12.55MM |
| R&D Expense | $107.12MM | $123.33MM | $121.56MM |
| Income(Loss) | $-198.75MM | $-36.39MM | $-584.61MM |
| Taxes | $112.08MM | $19.86MM | $3.47MM |
| Profit(Loss) | $-310.83MM | $-56.25MM | $-588.08MM |
| Stockholders Equity | $712.95MM | $694.88MM | $141.10MM |
| Inventory | $0.00MM | $0.00MM | $0.00MM |
| Assets | $1,318.49MM | $1,297.59MM | $702.36MM |
| Operating Cash Flow | $-2.14MM | $7.50MM | $17.20MM |
| Capital expenditure | $17.45MM | $5.12MM | $5.00MM |
| Investing Cash Flow | $-10.56MM | $5.82MM | $4.38MM |
| Financing Cash Flow | $-19.61MM | $-5.33MM | $0.23MM |
| Earnings Per Share* | $-7.93 | $-1.40 | $-14.12 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.