Cerence (CRNC) Tops Q3 EPS by 8c

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Cerence Announces Strong Third Quarter 2021 Results

August 9, 2021 7:00 AM EDT

Cerence Third Quarter Highlights

Revenue grew 29% year-over-yearExceeded company quarterly guidance on key GAAP and non-GAAP profitability metrics Increased FY24 revenue Target from $600M to $700M, and improved key profitability metrics Record number of auto SOPs (Start Of Production) from over 15 auto OEMsStrategic collaborations announced in the quarter with Sirius XM, Visteon and Harman

BURLINGTON, Mass., Aug. 09, 2021 (GLOBE NEWSWIRE) --... More