Cerence(CRNC)

Search documents
Best Value Stocks to Buy for August 26th
ZACKS· 2024-08-26 14:20
Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 26th: Qifu Technology, Inc. (QFIN) : This credit-tech platform principally in China which provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Con ...
New Strong Buy Stocks for August 26th
ZACKS· 2024-08-26 11:25
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Qifu Technology, Inc. (QFIN) : This Credit-Tech platform principally in China which provides a comprehensive suite of technology services to assist financial institutions and consumers and SMEs in the loan lifecycle, ranging from borrower acquisition, preliminary credit assessment, fund matching and post-facilitation services, has seen the Zacks Consensus Estimate for its current year earnings increasing 17.9% over the last 60 days. Gr ...
Cerence(CRNC) - 2024 Q3 - Quarterly Report
2024-08-09 20:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39030 CERENCE INC. (Exact name of registrant as specified in its charter) Delaware 83-4177087 (State or othe ...
Cerence(CRNC) - 2024 Q3 - Earnings Call Transcript
2024-08-08 17:03
Cerence Inc. (NASDAQ:CRNC) Q3 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Richard Yerganian – Senior Vice President, Investor Relations Stefan Ortmanns – Chief Executive Officer Tony Rodriquez – Interim Chief Financial Officer Conference Call Participants Jeff Van Rhee – Craig-Hallum Colin Langan – Wells Fargo Nick Doyle – Needham & Company Luke Junk – Baird Mark Delaney – Goldman Sachs Operator Good day and thank you for standing by. Welcome to the Cerence’s Third Quarter 2 ...
Cerence(CRNC) - 2024 Q3 - Earnings Call Presentation
2024-08-08 16:32
X X | --- | --- | |-------------------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | Cerence Q3 FY24 | | | Earnings Presentation Stefan Ortmanns, Chief Executive Officer | | | Tony Rodriquez, Interim Chief Financial Officer Rich Yerganian, SVP of Investor Relations | | | August 8, 2024 | | Statements in this presentation regarding: Cerence's future performance, results and financial condition; expected growth and profitability; outlook ...
Cerence (CRNC) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-08-08 13:30
Cerence (CRNC) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.04 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 280%. A quarter ago, it was expected that this automotive artificial intelligence developer would post a loss of $0.23 per share when it actually produced a loss of $0.09, delivering a surprise of 60.87%. Over the last four qu ...
Cerence(CRNC) - 2024 Q3 - Quarterly Results
2024-08-08 11:10
Exhibit 99.1 Cerence Announces Third Quarter Fiscal Year 2024 Results Headlines • Q3 revenue in-line with guidance; positive cash flow from operations of $12.9 million • Five generative AI customer programs released to production • Transformation plans estimated to deliver net annualized cost savings of $35-40 million, predominantly realized in FY25 BURLINGTON, Mass., August 8, 2024 – Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today reported its third quarter fiscal year 2024 results for the qua ...
Cerence to Announce Fiscal Third Quarter Results on August 8, 2024
GlobeNewswire News Room· 2024-07-30 20:30
Cerence (NASDAQ: CRNC) is the global industry leader in creating unique, moving experiences for the mobility world. As an innovation partner to the world's leading automakers and mobility OEMs, it is helping advance the future of connected mobility through intuitive, AI-powered interaction between humans and their vehicles, connecting consumers' digital lives to their daily journeys no matter where they are. Cerence's track record is built on more than 20 years of knowledge and 500 million cars shipped with ...
smart and Cerence Collaborate to Create Next-Gen, Generative AI-Powered In-Car Experience
Newsfilter· 2024-07-29 12:00
To learn more about Cerence, visit www.cerence.com, and follow the company on LinkedIn and Twitter. across multiple markets in China and Europe and continued expansion into high-potential markets in Southeast Asia and the Middle East. From 2022 to 2025, smart will bring an all-new model to customers each year, further enriching the new generation all-electric product portfolio. For its next-gen platform, smart has prioritized leveraging AI to enhance the user experience, turning to Cerence and its industry- ...
Cerence Announces Expanded Role for Chief Product Officer Nils Schanz
GlobeNewswire News Room· 2024-07-02 21:00
"It is a privilege to take on this additional responsibility at an important time for the company," said Nils Schanz, Chief Product Officer, Cerence. "Bringing our product and technology teams together reflects how we've already been operating as a company to seamlessly deliver for our customers. We have a strong team in place, and I look forward to continuing to advance our strategy and execute on our generative AI roadmap." Mr. Schanz joined Cerence in October 2022 following a 15-year tenure at Mercedes-B ...