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Cerence Q1 Adj EPS $1.12 Beats $0.90 Estimate, Sales $138.34M Beat $131.13M Estimate

Author: Benzinga Newsdesk | February 06, 2024 08:02am
Cerence (NASDAQ:CRNC) reported quarterly earnings of $1.12 per share which beat the analyst consensus estimate of $0.90 by 24.44 percent. This is a 211.11 percent increase over earnings of $0.36 per share from the same period last year. The company reported quarterly sales of $138.34 million which beat the analyst consensus estimate of $131.13 million by 5.49 percent. This is a 65.36 percent increase over sales of $83.66 million the same period last year.

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