Cerence Past Earnings Performance
Past criteria checks 0/6
Cerence's earnings have been declining at an average annual rate of -61.6%, while the Software industry saw earnings growing at 14.9% annually. Revenues have been growing at an average rate of 1.5% per year.
Key information
-61.6%
Earnings growth rate
-61.2%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 1.5% |
| Return on equity | -4.1% |
| Net Margin | -8.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly
Apr 09
Cerence (NASDAQ:CRNC) Hasn't Managed To Accelerate Its Returns
Mar 13Cerence: Poised For Rebound With Strong Pipeline
Mar 05Cerence Inc.'s (NASDAQ:CRNC) Shares Lagging The Industry But So Is The Business
Jan 04Cerence (NASDAQ:CRNC) Is Making Moderate Use Of Debt
Nov 16Cerence (NASDAQ:CRNC) Is Carrying A Fair Bit Of Debt
Aug 18Cerence (NASDAQ:CRNC) Is Making Moderate Use Of Debt
May 10Are Investors Undervaluing Cerence Inc. (NASDAQ:CRNC) By 43%?
Apr 03Cerence's (NASDAQ:CRNC) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jan 27We Think Cerence (NASDAQ:CRNC) Is Taking Some Risk With Its Debt
Jan 05Cerence to develop next-generation co-pilot for Renault vehicles
Oct 17Return Trends At Cerence (NASDAQ:CRNC) Aren't Appealing
Oct 13Cerence: Promising Industry, Vulnerable Company
Sep 23Bearish: Analysts Just Cut Their Cerence Inc. (NASDAQ:CRNC) Revenue and EPS estimates
Aug 10Cerence Q3 2022 Earnings Preview
Aug 08Cerence (NASDAQ:CRNC) Hasn't Managed To Accelerate Its Returns
Jun 24Cerence: Facing Unprecedented Competition From Apple
Jun 10Cerence (NASDAQ:CRNC) Seems To Use Debt Quite Sensibly
May 17Cerence's (NASDAQ:CRNC) Returns Have Hit A Wall
Mar 21Headwaters Capital - Cerence Inc.: The Swiss Tech Platform Driving Digital Penetration In Autos
Mar 17Cerence: Disappointing Guidance But Already Profitable
Mar 06Analysts Just Made A Major Revision To Their Cerence Inc. (NASDAQ:CRNC) Revenue Forecasts
Feb 13Here's Why Cerence (NASDAQ:CRNC) Can Manage Its Debt Responsibly
Feb 01Cerence's Artificial Intelligence Assistants Could Make The Share Price Spike Up
Dec 16Cerence (NASDAQ:CRNC) May Have Issues Allocating Its Capital
Dec 16Revenue & Expenses BreakdownBeta
How Cerence makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 349 | -30 | 81 | 127 |
| 30 Sep 23 | 294 | -56 | 85 | 123 |
| 30 Jun 23 | 272 | -275 | 91 | 113 |
| 31 Mar 23 | 299 | -358 | 93 | 109 |
| 31 Dec 22 | 317 | -332 | 88 | 111 |
| 30 Sep 22 | 328 | -311 | 78 | 107 |
| 30 Jun 22 | 368 | -73 | 83 | 111 |
| 31 Mar 22 | 376 | 32 | 87 | 115 |
| 31 Dec 21 | 388 | 44 | 88 | 114 |
| 30 Sep 21 | 387 | 46 | 96 | 112 |
| 30 Jun 21 | 380 | 46 | 88 | 105 |
| 31 Mar 21 | 359 | 12 | 89 | 97 |
| 31 Dec 20 | 347 | 14 | 85 | 90 |
| 30 Sep 20 | 331 | -18 | 83 | 89 |
| 30 Jun 20 | 323 | 69 | 78 | 91 |
| 31 Mar 20 | 325 | 99 | 69 | 92 |
| 31 Dec 19 | 308 | 86 | 66 | 93 |
| 30 Sep 19 | 303 | 100 | 62 | 93 |
| 30 Jun 19 | 296 | 13 | 58 | 92 |
| 31 Mar 19 | 290 | 18 | 56 | 91 |
| 31 Dec 18 | 288 | 27 | 52 | 88 |
| 30 Sep 18 | 277 | 6 | 50 | 81 |
| 30 Sep 17 | 245 | 47 | 47 | 57 |
Quality Earnings: CRNC is currently unprofitable.
Growing Profit Margin: CRNC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CRNC is unprofitable, and losses have increased over the past 5 years at a rate of 61.6% per year.
Accelerating Growth: Unable to compare CRNC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CRNC is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (22.5%).
Return on Equity
High ROE: CRNC has a negative Return on Equity (-4.14%), as it is currently unprofitable.