Cerence’s FY2022 revenue falls 15.3% y/y to USD327.9 million

Financial results

Gross margin was 72.4% versus 77.3% last year

Cerence has reported a 15.3% year-on-year (y/y) fall in full year (FY) 2022 revenue at USD327.9 million, according to a company press release on 29 November.

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