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-0.000865301413325675 -0.000865301413325675 0.000288433804441823 0.00144216902220932 0.0011537352177675 0.0206230170175946 0.00432650706662817 0.0170175944620711
Stock impact report

Cerence's (CRNC) Q4 Earnings Lag Estimates, Revenues Beat [Yahoo! Finance]

Cerence Inc. (CRNC) 
Last cerence inc. earnings: 2/11 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Revenues came in at $80.8 million, up 38.9% year over year, driven by strength in the License, Connected Services and Professional Services segments. The figure beat the Zacks Consensus Estimate by 9.15%. Top-Line Details License revenues (53.4% of revenues) of $43.1 million beat the Zacks Consensus Estimate by 34.08% and rose 127% year over year. Connected Services (23.7% of revenues) of $19.2 million missed the Zacks Consensus Estimate by 5.02% but rose 5.9% year over year. Cerence Inc. Price, Consensus and EPS Surprise Cerence Inc. price-consensus-eps-surprise-chart | Cerence Inc. Quote Professional Services (22.9% of revenues) of $18.5 million missed the Zacks Consensus Estimate by 14.45% and down 12.1% year over year. The company reported that repeatable software contribution on a trailing 12 months (TTM) for the fiscal fourth quarter stood at 75%. Growth in billings per car was 6%. The percentage of worldwide auto production with Cerence Technology stood at 54%. Show less Read more
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