BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — Cerence Inc. (CRNC) on Thursday reported net income of $1.7 million in its fiscal second quarter.
The Burlington, Massachusetts-based company said it had net income of 4 cents per share. Earnings, adjusted for one-time gains and costs, came to 15 cents per share.
The automotive artificial intelligence developer posted revenue of $64.2 million in the period.
For the current quarter ending in June, Cerence said it expects revenue in the range of $68 million to $72 million.
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