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Cerence Inc. [CRNC]  posts $2.16M loss as revenue falls 3.04% to $83.66M

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  
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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.

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