Cerence (CRNC) Q3 Earnings and Revenues Surpass Estimates

Cerence (CRNC) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of$ 0.34 per share. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +126.47%. A quarter ago, it was expected that this automotive artificial intelligence developer would post earnings of$ 0.34 per share when it actually produced earnings of $0.53, delivering a surprise of +55.88% ...