Cerence (CRNC) Q3 Earnings and Revenues Top Estimates
CRNCCerence(CRNC) ZACKS·2024-08-08 21:30

Cerence (CRNC) came out with quarterly earnings of 0.19pershare,beatingtheZacksConsensusEstimateof0.19 per share, beating the Zacks Consensus Estimate of 0.05 per share. This compares to loss of 0.04pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof2800.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 280%. A quarter ago, it was expected that this automotive artificial intelligence developer would post a loss of 0.23 per share when it actually produced a loss of $0.09, delivering a surprise of 60.87%.Over the last four qua ...