Cerence Inc. reported earnings results for the first quarter ended December 31, 2023. For the first quarter, the company reported revenue was USD 138.34 million compared to USD 83.66 million a year ago. Net income was USD 23.86 million compared to net loss of USD 2.16 million a year ago.

Basic earnings per share from continuing operations was USD 0.58 compared to basic loss per share from continuing operations of USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.53 compared to diluted loss per share from continuing operations of USD 0.05 a year ago.