Benzinga | Nov 22, 2021 07:11AM EST

Cerence Q4 EPS $0.66 Beats $0.56 Estimate, Sales $66.96M Miss $97.92M Estimate

Cerence (NASDAQ:CRNC) reported quarterly earnings of $0.66 per share which beat the analyst consensus estimate of $0.56 by 17.86 percent. This is a 8.2 percent increase over earnings of $0.61 per share from the same period last year. The company reported quarterly sales of $66.96 million which missed the analyst consensus estimate of $97.92 million by 31.62 percent. This is a 26.32 percent decrease over sales of $90.88 million the same period last year.