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Cerence sees FY24 revenue $318M-$332M, consensus $359.96M

For the full fiscal year ending September 30, 2024, the company expects revenue to be in the range of $318M-$332M, which includes an estimated $30M of fixed contracts. GAAP net loss is expected to be in the range of (256M)-(242M). Adjusted EBITDA is expected to be in the range of approximately $58M-$72M.

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