Cerence CRNC reported its Q1 earnings results on Monday, February 7, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Cerence beat estimated earnings by 15.69%, reporting an EPS of $0.59 versus an estimate of $0.51, which surprised analysts.
Revenue was up $538.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1, which was followed by a 5.23% drop in the share price the next day.
Here's a look at Cerence's past performance:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|
EPS Estimate | 0.56 | 0.54 | 0.52 | 0.51 |
EPS Actual | 0.66 | 0.62 | 0.69 | 0.59 |
Revenue Estimate | 97.92M | 96.27M | 93.44M | 87.91M |
Revenue Actual | 66.96M | 96.80M | 98.66M | 94.96M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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