Cerence Inc. provided earning guidance for fiscal quarter ending March 31, 2024 and full fiscal year ending September 30, 2024. For the fiscal quarter ending March 31, 2024, revenue is expected to be in the range of $60 million to $64 million. GAAP Net Loss is expected to be in the range of $14 million to $10 million.

For the full fiscal year ending September 30, 2024, the company continues to expect revenue to be in the range of $355 million to $375 million which includes an estimated $20 million of fixed contracts. GAAP Net Income is expected to be in the range of $11 million to $26 million.