Cerence (CRNC) Tops Q1 EPS by 8c, Revenues Beat; Offers 2Q & FY21 EPS Guidance Above Consensus
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Cerence Announces Record First Quarter 2021 Results
February 8, 2021 7:00 AM ESTWon back a major European OEMs next generation infotainment design for cars starting production in 2023First major bookings for new applications including Cerence PayRevenue grew by 23% compared to the same period last fiscal year, setting a new quarterly record Exceeded company quarterly guidance on all GAAP and non-GAAP financial metricsContinued to deliver strong GAAP Net Income and Adjusted EBITDA performance Growth in billings per car continues its upward trend
BURLINGTON, Mass., Feb. 08, 2021 (GLOBE NEWSWIRE) --... More

