Cerence

Cerence, Inc. builds automotive cognitive assistance solutions to power natural and intuitive interactions between automobiles, drivers and passengers, and the broader digital world. It also engages in the sale of software licenses and cloud-connected services. The company was founded on October 1, 2019 and is headquartered in Burlington, MA.

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Cerence surpasses Q1 expectations, eyes future automotive trends for growth

Cerence delivered a strong Q1 performance, exceeding guidance and showcasing strength in core auto business and connected services.
While facing challenges with semiconductor shortages, the company remains focused on innovation, cost savings, and driving long-term sustainable growth.
Investors are keen on underlying metrics reflecting growth potential and are optimistic about future revenue opportunities from evolving automotive trends.
Cerence's strategic focus on execution, innovation, and competitiveness positions it well for continued success and growth in the market.

Cerence beats Q2 revenue expectations, focuses on AI innovation

Cerence delivered a strong performance in Q2, exceeding revenue guidance and demonstrating operational excellence. While facing challenges in certain revenue segments, the company's strategic wins and focus on AI technologies present promising opportunities for growth. Cerence's financial position remains solid, with healthy cash flow and a strong balance sheet.

Cerence reports solid Q3 performance, eyes growth through AI innovation

Cerence delivered strong Q3 results with revenue meeting guidance and notable profitability metrics. The company's focus on AI innovation, global market expansion, and debt restructuring positions it for growth. Strategic wins and emphasis on new business underscore long-term success strategies.

Cerence surpasses Q4 revenue expectations, navigates strategic shifts

Cerence's Q4 performance exceeded expectations, with a strong revenue outlook for FY '24.
Strategic wins in automotive and generative AI space position Cerence for future growth.
Challenges in fixed contracts and revenue stabilization require strategic adjustments.
Opportunities lie in product diversification, upselling, and process improvements for growth.

Cerence surpasses Q1 revenue expectations, eyes growth through strategic partnerships

Cerence's Q1 2024 performance exceeded expectations, showcasing strong revenue and profitability metrics.
Strategic partnerships with industry leaders and market traction in key regions highlight Cerence's competitive edge.
While challenges like revenue guidance and market dynamics persist, Cerence's focus on innovation and global presence bode well for future growth.

Cerence (CRNC) surpasses Q2 revenue targets, eyes growth opportunities

Cerence (CRNC) demonstrated resilience in Q2 with revenue exceeding expectations and a focus on core automotive business strengthening.
While facing challenges such as backlog reduction and revenue fluctuations, the company remains agile and anticipates growth opportunities.
Strategic initiatives, financial stability, and market adaptability position Cerence (CRNC) for sustainable growth and market leadership in the AI automotive sector.

Cerence beats Q4 revenue targets and aims for profitability in 2025

Cerence delivered strong financial performance in Q4 2024, exceeding revenue and EBITDA expectations.
The company's focus on innovation, cost reduction, and profitability sets a positive trajectory for fiscal year 2025.
Challenges lie in returning to profitability and maintaining market momentum amidst competition and disruptions.
Opportunities for growth exist through operational streamlining, new product offerings, and revenue expansion strategies.

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Cerence, Inc. engages in building artificial intelligence-powered virtual assistants for the mobility and transportation market. Its products include core technologies, apps and multi-modality, audio AI, adjacent markets, professional services and platform developers. The company was founded on October 1, 2019 and is headquartered in Burlington, MA.

Lackluster third-quarter financial results and weak guidance sent the stock downward.

Why Cerence Stock Is Falling Hard Today

Cerence Inc. (NASDAQ:CRNC ) Q3 2022 Earnings Conference Call August 9, 2022 8:30 AM ET Company Participants Rich Yerganian – Senior Vice President-Investor Relations Stefan Ortmanns – Chief Executive Officer Tom Beaudoin – Chief Financial Officer Conference Call Participants Luke Junk – Baird Joseph Spak – RBC Capital Markets Mark Delaney – Goldman Sachs Colin Langan – Wells Fargo Nicholas Doyle – Needham & Company Gavin Kennedy – Jefferies Jeff Van Rhee – Craig-Hallum Operator Good day and thank you for standing by. Welcome to the Cerence Q3 2022 Earnings Conference Call.

Cerence Inc's (CRNC) CEO Stefan Ortmanns on Q3 2022 Results - Earnings Call Transcript

Cerence (CRNC) delivered earnings and revenue surprises of 2.38% and 2.51%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Cerence (CRNC) Q3 Earnings Beat Estimates

Delivered strong performance in core automotive business

Cerence Announces Third Quarter Fiscal Year 2022 Results

Wilmington, Delaware--(Newsfile Corp. - August 2, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Cerence Inc. (NASDAQ: CRNC) on behalf of stockholders.To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-cerence-inc.To contact Seth D. Rigrodsky or Gina M. Serra cost free, call or text (302) 295-5310 or email info@rl-legal.com.Rigrodsky Law, P.A.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Cerence Inc.

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Collaboration will accelerate a new intelligent connected vehicle data platform and automotive ecosystem will deliver safer, sustainable, and more fulfilling driving experiences Collaboration will accelerate a new intelligent connected vehicle data platform and automotive ecosystem will deliver safer, sustainable, and more fulfilling driving experiences

Cerence and CerebrumX Collaborate to Build AI-Powered Advanced Platform for Connected Vehicle Data Using Amazon Web Services (AWS)

Cerence (CRNC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Cerence (CRNC) Surges 5.2%: Is This an Indication of Further Gains?

Cerence will provide AI-powered natural language understanding, text-to-speech, and more, enhancing the driving experience for Lynk & Co drivers Cerence will provide AI-powered natural language understanding, text-to-speech, and more, enhancing the driving experience for Lynk & Co drivers

Lynk & Co Selects Cerence to Power Conversational AI Across its Lineup

Faraday Future Intelligent Electric

LOS ANGELES & BURLINGTON, Mass.--(BUSINESS WIRE)--Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Faraday Future Intelligent Electric Inc. (“FF”) (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, has selected Cerence's AI-powered text-to-speech (TTS) technology to enable natural, human-like communication for the in-car assistant in its FF 91 ultra-luxury electric vehicle, set to start production in Q3 2022. FF will also

Faraday Future Selects Cerence to Provide Natural, Human-Like Voice for its In-Car Assistant in the New FF 91 EV

The Cerence Mobility Platform delivers intuitive, humanized interaction between robotaxis and passengers in a turnkey, easy-to-deploy platform The Cerence Mobility Platform delivers intuitive, humanized interaction between robotaxis and passengers in a turnkey, easy-to-deploy platform

SAIC Mobility Robotaxi Selects Cerence to Power Natural, Conversational Interaction in China's First L4 Self-Driving Robotaxi

Cerence Inc. (NASDAQ:CRNC ) Q2 2022 Results Conference Call May 10, 2022 8:30 AM ET Company Participants Rich Yerganian - SVP, IR Stefan Ortmanns - CEO Tom Beaudoin - CFO Conference Call Participants David Kelley - Jefferies Jeffrey Van Rhee - Craig Hallum Luke Junk - Baird Mark Delaney - Goldman Sachs Raji Gill - Needham Operator Good day, and thank you for standing by. Welcome to the Cerence Q2 2022 Earnings Conference Call.

Cerence Inc. (CRNC) CEO Stefan Ortmanns on Q2 2022 Results - Earnings Call Transcript

Cerence (CRNC) delivered earnings and revenue surprises of 0% and 2.47%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Cerence (CRNC) Matches Q2 Earnings Estimates

Cerence Inc (NASDAQ: CRNC) reported a second-quarter FY22 revenue decline of 12.5% year-on-year to $86.3 million, above the consensus of $84.6 million. Non-GAAP EPS of $0.33 missed the consensus of $0.34.

Cerence Reports Mixed Q2 Results; Margins Shrink Due To Automotive Headwinds

First half bookings total $448 million, up 53% compared to 1HFY21

Cerence Announces Second Quarter Fiscal Year 2022 Results

BURLINGTON, Mass., May 06, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Tom Beaudoin has been appointed Executive Vice President and Chief Financial Officer, effective immediately. Mr. Beaudoin is a Cerence director and an industry veteran with nearly 40 years of relevant financial and industry experience.

Cerence Announces New Appointments to Strengthen Leadership Team

Wilmington, Delaware--(Newsfile Corp. - May 4, 2022) - Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Cerence Inc. (NASDAQ: CRNC) on behalf of stockholders.To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-cerence-inc.To contact Seth D. Rigrodsky or Gina M. Serra cost free, call or text (302) 295-5310 or email info@rl-legal.com.Rigrodsky Law, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf...

SHAREHOLDER ALERT: Rigrodsky Law, P.A. is Investigating Cerence Inc.

Cerence (CRNC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Cerence (CRNC)

BURLINGTON, Mass., May 03, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its second quarter financial results for the quarter ended March 31, 2022 on Tuesday, May 10, 2022 at 7:00 a.m. EST / 4:00 a.m. PST.

Cerence to Announce Fiscal Second Quarter Results on May 10, 2022

Cerence (CRNC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Cerence (CRNC) to Report a Decline in Earnings: What to Look Out for

New York, New York--(Newsfile Corp. - April 26, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cerence Inc. (NASDAQ: CRNC) between February 8, 2021 and February 4, 2022, inclusive (the "Class Period"), of the important April 26, 2022 lead plaintiff deadline.SO WHAT: If you purchased Cerence securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees...

FINAL DEADLINE TODAY: ROSEN, A TOP RANKED FIRM, Encourages Cerence Inc. Investors with Losses Over $100K to Secure Counsel Before Important April 26 Deadline in Securities Class Action - CRNC

Los Angeles, California--(Newsfile Corp. - April 26, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cerence Inc. ("Cerence" or "the Company") (NASDAQ: CRNC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 8, 2021 and February 4, 2022, inclusive (the...

Deadline Today: The Schall Law Firm Encourages Investors in Cerence Inc. with Losses of $500,000 to Contact the Firm

NEW YORK , April 26, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Cerence Inc. (NASDAQ: CRNC) alleging that the Company violated federal securities laws. Class Period: February 8, 2021 to February 4, 2022 Lead Plaintiff Deadline: April 26, 2022 No obligation or cost to you.

CRNC ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of April 26, 2022 in the Class Action Filed on Behalf of Cerence Inc. Shareholders

New York, New York--(Newsfile Corp. - April 25, 2022) - Levi & Korsinsky, LLP notifies investors in Cerence Inc. ("Cerence Inc." or the "Company") (NASDAQ: CRNC) of a class action securities lawsuit.The lawsuit on behalf of Cerence Inc. investors has been commenced in the the United States District Court for the District of Massachusetts. Affected investors purchased or otherwise acquired certain Cerence Inc. securities between February 8, 2021 and February 4, 2022. Follow the link...

Cerence Inc. Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before April 26, 2022 to Discuss Your Rights - CRNC

NEW YORK , April 25, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Cerence Inc. ("Cerence" or the "Company") (NASDAQ: CRNC).  Such investors are advised to contact Robert S.

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