Cerence (CRNC) Q2 Earnings and Revenues Surpass Estimates

This quarterly report represents an earnings surprise of 55.88%. A quarter ago, it was expected that this automotive artificial intelligence developer would post a loss of $0.27 per share when it actually produced a loss of$0.03, delivering a surprise of 88.89%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Cerence, which belongs to the Zacks Computers - IT Services industry, posted revenues of $78.01 million for the quarter ended March 2025, surpassing the Zack ...