Benzinga | Nov 16, 2020 07:09AM EST

Cerence Q4 Adj. EPS $0.61 Beats $0.34 Estimate, Sales $90.88M Beat $79.33M Estimate

Cerence (NASDAQ:CRNC) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.34 by 79.41 percent. This is a 18.67 percent decrease over earnings of $0.75 per share from the same period last year. The company reported quarterly sales of $90.88 million which beat the analyst consensus estimate of $79.33 million by 14.56 percent. This is a 8.13 percent increase over sales of $84.05 million the same period last year.