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Cerence sees Q1 revenue $128M-$132M, consensus $80.37M
The Fly

Cerence sees Q1 revenue $128M-$132M, consensus $80.37M

For the fiscal quarter ending December 31, 2023, revenue is expected to be in the range of $128 million to $132 million, which includes $67.8 million of deferred revenue that is accelerated due to an early termination agreement, entered into in the first quarter of 2024, relating to the Toyota “Legacy” contract.

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