Benzinga | Aug 9, 2021 07:26AM EDT

Cerence Q3 Adj. EPS $0.62 Beats $0.54 Estimate, Sales $96.80M Beat $96.27M Estimate

Cerence (NASDAQ:CRNC) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.54 by 14.81 percent. This is a 100 percent increase over earnings of $0.31 per share from the same period last year. The company reported quarterly sales of $96.80 million which beat the analyst consensus estimate of $96.27 million by 0.55 percent. This is a 29.40 percent increase over sales of $74.81 million the same period last year.