Cerence Aktie News

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Cerence Inc. (NasdaqGS: CRNC). On November 22, 2021, the Company disclosed revenue guidance for the first quarter and full fiscal year 2022 well below analysts' expectations. On February 7...

BURLINGTON, Mass., March 21, 2024 (GLOBE NEWSWIRE) --  Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced early momentum for CaLLM™ (Cerence Automotive Large Language Model), its automotive-specific LLM that serves as the foundation for Cerence's next-generation in-car computing platform.

BURLINGTON, Mass., March 19, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (the “Company”), AI for a world in motion, today announced that, in connection with Daniel Tempesta's recent appointment as Chief Financial Officer effective March 18, 2024, the Company granted Mr. Tempesta an initial equity award with a target aggregate value of $3 million. Such award consists of 102,599 time-bas...

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.

BURLINGTON, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- Cerence Inc.

BURLINGTON, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will be presenting at the Raymond James 45th Annual Investor Conference on Tuesday, March 5 in Orlando, FL and at the Morgan Stanley Technology, Media and Telecom Conference on March 7 in San Francisco, CA.

Cerence Inc. (CRNC) Q1 2024 Earnings Call Transcript

Headlines Revenue and profitability exceed the high end of guidance, leading to six quarters of strong execution Announced AI partnerships with NVIDIA and Microsoft Maintained a leadership position, with Cerence penetration staying strong at 54% of global auto production New business included a win-back for a large Japanese OEM, a program extension for a major North America OEM, and a major win...