Benzinga | Feb 8, 2021 07:09AM EST

Cerence Q1 EPS $0.59 Beats $0.51 Estimate, Sales $94.96M Beat $87.91M Estimate

Cerence (NASDAQ:CRNC) reported quarterly earnings of $0.59 per share which beat the analyst consensus estimate of $0.51 by 15.69 percent. This is a 103.45 percent increase over earnings of $0.29 per share from the same period last year. The company reported quarterly sales of $94.96 million which beat the analyst consensus estimate of $87.91 million by 8.02 percent. This is a 22.60 percent increase over sales of $77.46 million the same period last year.