Cerence Stock Down after Q2 Earnings

Shares of Cerence (CRNC) fell 8% on Friday after the company reported second-quarter results. - Cerence posted a Q2 GAAP EPS of $0.04. - Revenue declined 17.7% year over year to $64.2M, though it beat analyst estimates by $3.33M. - The company said adjusted

Shares of Cerence (CRNC) fell 8% on Friday after the company reported second-quarter results. – Cerence posted a Q2 GAAP EPS of $0.04. – Revenue declined 17.7% year over year to $64.2M, though it beat analyst estimates by $3.33M. – The company said adjusted

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