Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
United StatesIPO:
16 September 2019Website:
http://www.cerence.comNext earnings report:
08 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | 17 min agoDividend
Analysts recommendations
Institutional Ownership
CRNC Latest News
Schanz to Assume Chief Technology Officer Responsibilities Company Reaffirms Third Quarter Fiscal 2024 Guidance BURLINGTON, Mass., July 02, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that as part of its ongoing transformation efforts, Chief Product Officer Nils Schanz has been appointed to an expanded leadership role.
BURLINGTON, Mass., June 27, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Audi, part of the Volkswagen Group, will leverage generative AI from Cerence to expand the capabilities of its in-car assistant.
Cerence (CRNC) enhances Volkswagen's driving experience across Europe with Chat Pro, integrating conversational AI into IDA for interactive in-car assistance.
BURLINGTON, Mass., June 12, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Jennifer Salinas, Senior Vice President & General Counsel, has been promoted to the newly created role of Executive Vice President & Chief Administrative Officer, effective June 7, 2024.
BURLINGTON, Mass., June 04, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that it has appointed Antonio (“Tony”) Rodriquez as its interim Chief Financial Officer (CFO), effective June 4, 2024.
Tech stocks have been performing extremely well for the past 25 years, surpassing all other sectors. With the advancement of artificial intelligence, I predict that the tech industry will continue to experience rapid growth for the next two decades.
Cerence (CRNC) transforms the automotive experience with CaLLM, powered by NVIDIA, offering seamless, intuitive interactions in the cars of the future.
Cerence is a leading company in automotive AI assistants used by major car manufacturers globally. Share performance has been lackluster, currently down 22% YTD, but the stock appears undervalued, based on my price target model. CRNC has guided strong revenue growth in FY 2024, supported by several catalysts, such as NVIDIA and Microsoft partnerships and strong product adoptions.
Cerence Inc. (CRNC) Q1 2024 Earnings Call Transcript
Although the revenue and EPS for Cerence (CRNC) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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What type of business is Cerence?
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.
What sector is Cerence in?
Cerence is in the Technology sector
What industry is Cerence in?
Cerence is in the Software Application industry
What country is Cerence from?
Cerence is headquartered in United States
When did Cerence go public?
Cerence initial public offering (IPO) was on 16 September 2019
What is Cerence website?
https://www.cerence.com
Is Cerence in the S&P 500?
No, Cerence is not included in the S&P 500 index
Is Cerence in the NASDAQ 100?
No, Cerence is not included in the NASDAQ 100 index
Is Cerence in the Dow Jones?
No, Cerence is not included in the Dow Jones index
When does Cerence report earnings?
The next expected earnings date for Cerence is 08 August 2024