Cerence (CRNC) Tops Q3 EPS by 1c

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Cerence Announces Third Quarter Fiscal Year 2022 Results

August 9, 2022 7:00 AM EDT

Headlines

Delivered strong performance in core automotive businessAchieved record professional services revenue, a key indicator of license and connected services growthSecured key wins and nominations including a win back from Big TechMaintained strong focus on productivity, performance-based operations and cost structuresEconomics, predictability, and visibility will be enhanced by returning to historical levels of fixed contracts

BURLINGTON, Mass., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Cerence Inc.... More