Cerence (CRNC) Q1 Earnings and Revenues Beat Estimates
CRNCCerence(CRNC) Zacks Investment Research·2024-02-06 22:15

Cerence (CRNC) came out with quarterly earnings of 1.12pershare,beatingtheZacksConsensusEstimateof1.12 per share, beating the Zacks Consensus Estimate of 0.90 per share. This compares to earnings of 0.36pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof24.440.36 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 24.44%. A quarter ago, it was expected that this automotive artificial intelligence developer would post earnings of 0.13 per share when it actually produced earnings of $0.09, delivering a surprise of -30.77%. Over the ...