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Cerence reports Q1 net loss of USD11.8 million

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Financial results

Revenues are up 6.8% y/y to USD77.4 million

Cerence has reported a net loss of USD11.8 million in the first quarter ended 31 December 2019 compared to its net income of USD2.25 million a year earlier, the company said in a press release on 11 February.

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