Cerence (CRNC) Reports Q4 Loss, Tops Revenue Estimates

Cerence (CRNC) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of$0.32. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 78.13$0.05 per share when it actually produced earnings of $0.19, delivering a surprise of 280%.Over the last four ...