Cerence's first quarter results for fiscal 2023 exceeded expectations
Cyrus
Cerence Ride
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2023
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2024-12-20 13:16
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On February 8, 2023, Cerence released its first quarter financial report for fiscal year 2023, with revenue of US$83.7 million, exceeding market expectations. This was mainly due to the strong performance of its core automotive business. Cerence Co-Pilot won four new customers, including two returning projects. Cerence Ride added three two-wheeler projects. The company also announced its long-term growth strategy "Destination Next".
