CRNC Earnings

CRNC reported its FY2026Q1 earnings on 2026-02-04, showcasing a revenue of 0.00 against an estimate of 114.00M, resulting in a 0% surprise. The EPS was 0, surpassing the expected -0.14 by 0% . The stock experienced a 0% price change on the earnings day and a 0% change over the next five days, reflecting market reactions to the results.

Following CRNC's FY2026Q1 earnings announcement on 2026-02-04, the stock price moved by % on the day of the release. Over the subsequent five days, it saw a % change. Historically, CRNC's stock price tends to shift by an average of +6.61% in the 10 days leading up to earnings and +7.21% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate CRNC’s annual revenue to reach 104.00M, while the EPS is projected at 0.00. These estimates reflect recent revisions, with revenue estimates revised Revenue Revise Upward by 10.58% and EPS estimates Revise Upward by 38.28% over the past three months, indicating analyst expectation in the company’s performance.

The correlation between CRNC's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock’s fundamentals. Over the past three months, revenue estimates for FY2026 were Revise Upward by 10.58%, while EPS estimates moved Revise Upward by 38.28% . This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, CRNC's stock price typically moves by +6.61% in the 10 days before its earnings and +7.21% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 0.00 and revenue of 104.00M.

The company exceeded revenue and EBITDA expectations, showcased strong financial metrics, improved cash flow, and raised guidance, all indicating robust performance. Despite some concerns in the Q&A about competitive dynamics and legal costs, the overall sentiment remains highly positive due to record high revenue, strong earnings, and optimistic guidance. The announcement of advancements in AI and expansion into non-automotive verticals further boosts the outlook. These factors suggest a strong positive stock price reaction.