Cerence Inc. [CRNC] posts $2.16M loss as revenue falls 3.04% to $83.66M
By USInMinutes
Published - Feb 19, 2023, 02:16 AM ET
Last Updated - Feb 20, 2023, 08:32 AM EST
Net Sales: | $83.66M |
Cerence Inc. [CRNC] posted a loss of $2.16M, marking a fall of 353.36% for this quarter.
Revenue fell to $83.66M this quarter compared to $86.28M in the previous quarter.
According to the latest quarterly report the company has filed with the SEC, current earnings were $-2.16M, down 353.36% from $-0.48M.
The company’s net sales for the period were $83.66M, down 3.04%. Net sales in the previous quarter were $86.28M.