Benzinga | May 10, 2021 07:14AM EDT

Cerence Q2 Adj. EPS $0.69 Beats $0.52 Estimate, Sales $98.70M Beat $93.44M Estimate

Cerence (NASDAQ:CRNC) reported quarterly earnings of $0.69 per share which beat the analyst consensus estimate of $0.52 by 32.69 percent. This is a 60.47 percent increase over earnings of $0.43 per share from the same period last year. The company reported quarterly sales of $98.70 million which beat the analyst consensus estimate of $93.44 million by 5.63 percent. This is a 14.11 percent increase over sales of $86.50 million the same period last year.