Core Viewpoint - Cerence Inc. reported strong financial results for Q2 FY2025, exceeding revenue and adjusted EBITDA guidance, and achieving its fourth consecutive quarter of positive free cash flow, indicating robust performance amid industry challenges [4][6]. Financial Performance - GAAP revenue for Q2 FY2025 was $78.0 million, up from $67.8 million in Q2 FY2024, representing a year-over-year increase of approximately 1.8% [2][27]. - GAAP gross margin improved to 77.1% in Q2 FY2025 from 69.2% in Q2 FY2024 [2][32]. - GAAP net income for Q2 FY2025 was $21.7 million, a significant recovery from a net loss of $278.0 million in Q2 FY2024 [2][27]. - Adjusted EBITDA for Q2 FY2025 was $29.5 million, compared to a loss of $0.3 million in Q2 FY2024 [2][32]. Key Performance Indicators - Cerence's technology was present in 51% of worldwide auto production over the trailing twelve months [5]. - The number of Cerence connected cars shipped increased by 10% year-over-year [5]. - Adjusted Total Billings remained unchanged year-over-year [5][7]. Future Outlook - For Q3 FY2025, revenue is projected to be between $52 million and $56 million, with gross margins expected to be between 66% and 68% [8][9]. - The full-year revenue guidance remains unchanged, but the net loss is now projected to be between $35 million and $29 million, with adjusted EBITDA expected to range from $28 million to $34 million [9]. Company Overview - Cerence Inc. is a leader in AI-powered user experiences in the automotive sector, with over 500 million cars shipped with its technology [25]. - The company focuses on enhancing user experiences through innovations like Cerence xUI, which supports automakers in developing next-generation infotainment platforms [4].

Earnings Call Supplementary Slides Safe Harbor This presentation contains forward-looking statements. All statements contained in this presentation other than statements of historical facts, including, without limitation, future financial and business performance for the first quarter 2025, attractiveness of our product offerings and platform and the value proposition of our products, are forward-looking statements. The words "anticipate," "believe," "continue," "estimate," "expect," "intend," "guide," "may ...

AudioCodes (AUDC) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Company Participants Roger Chuchen - VP - Investor RelationsShabtai Adlersberg - Co-Founder, President, CEO & DirectorNiran Baruch - CFO & VP of Finance Conference Call Participants Joshua Reilly - Senior Analyst Operator Please note this conference is being recorded. I will now turn the conference over to your host, Roger Chuchen, Investor Relations. Roger, the floor is yours. Roger Chuchen Thank you, operator. Hosting the call today are Shab ...

AudioCodes (AUDC) Q1 2025 Earnings Call May 06, 2025 08:30 AM ET Speaker0 Please note this conference is being recorded. I will now turn the conference over to your host, Roger Chuchen, Investor Relations. Roger, the floor is yours. Speaker1 Thank you, operator. Hosting the call today are Shabtai Allisberg, President and Chief Executive Officer and Niran Baruch, Vice President of Finance and Chief Financial Officer. Before we begin, I'd like to remind you that the information provided during this call may c ...

Core Insights - AudioCodes reported a slight increase in revenues for Q1 2025, reaching $60.4 million, up from $60.1 million in Q1 2024, indicating a year-over-year growth of 0.5% [2][7] - The company achieved a net income of $4.0 million, or $0.13 per diluted share, compared to $2.1 million, or $0.07 per diluted share in the same quarter last year [3][7] - Annual Recurring Revenues (ARR) grew by approximately 25% year-over-year, reaching $67 million, driven by strong performance in UCaaS and conversational AI markets [8] Financial Performance - EBITDA for Q1 2025 was reported at $4.6 million, an increase from $3.8 million in Q1 2024 [2][7] - On a Non-GAAP basis, EBITDA was $6.2 million, down from $6.7 million in Q1 2024 [3][7] - Net cash provided by operating activities was $13.5 million for the quarter, with total cash and cash equivalents amounting to $95.7 million as of March 31, 2025, compared to $93.9 million at the end of 2024 [5][7] Strategic Developments - The company is focusing on growth in Live managed services within the UCaaS and CX markets, with a 7% increase in Microsoft business during the quarter [6][8] - New product introductions in the Conversational AI space are generating significant customer interest, contributing to a robust sales pipeline [9] - The upcoming launch of a next-generation Live platform is expected to enhance growth in AI-powered value-added services in the second half of 2025 [10] Operational Challenges - AudioCodes faced lower gross profit from product sales due to new US tariffs on imports from China, prompting the company to implement measures to mitigate this impact [11][12] - The company continues to navigate macroeconomic uncertainties while progressing in its transformation into a cloud and software services provider [12] Shareholder Returns - During Q1 2025, AudioCodes repurchased 500,000 ordinary shares at a total cost of $5.2 million and declared a cash dividend of $0.18 per share, totaling approximately $5.5 million [14][13]

BURLINGTON, Mass., May 05, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced an expanded collaboration with its long-time partner and distributor, Code Factory, to introduce VoiceTopping, a new solution that will bring conversational AI to self-service kiosks in a variety of industries. The announcement marks an important step as Cerence AI begins its strategic expansion into new markets, bringing the p ...

NEW YORK, April 23, 2025 /PRNewswire/ -- LivePerson, Inc. (Nasdaq: LPSN), a leading provider of trusted enterprise conversational AI and outcome-driven digital transformation, today announced the planned release of its first quarter financial results after the market close on Wednesday, May 7, 2025. CEO John Sabino and CFO & COO John Collins will host a conference call later that day, at 5:00 p.m. Eastern Time.The conference call will be simulcast live and can be accessed by logging onto the investor relati ...

Core Viewpoint - AudioCodes is set to release its financial results for the First Quarter of 2025 on May 6, 2025, before the market opens, reflecting the period ended March 31, 2025 [1] Financial Results Announcement - The financial results will be disseminated via news wires and posted on the corporate website [1] - A conference call to discuss the results will take place on May 6, 2025, at 8:30 a.m. Eastern Time, hosted by the President and CEO, Shabtai Adlersberg, and CFO, Niran Baruch [2] Conference Call Details - Investors can participate in the call by dialing 888-506-0062 in the USA or +1 973-528-0011 internationally, or via webcast on the AudioCodes investor website [3] - A replay of the call will be available approximately two hours after the conference call concludes [3] Company Overview - AudioCodes is a global leader in unified communications, voice, contact center, and conversational AI services, enhancing customer and employee experiences through improved communication and collaboration [5] - The company offers a wide range of products and SaaS services that ensure interoperability with major UCaaS and CCaaS platforms, including Microsoft Teams, Webex, and Zoom [5] - AudioCodes serves enterprises worldwide, including 65 Fortune 100 companies, focusing on productivity, collaboration, business process automation, compliance, and customer interaction [5]

Based on real customer reviews, LivePerson earns top accolades for AI agent, chatbot, conversational marketing, bot platform, live chat, and customer self-service capabilities NEW YORK, April 2, 2025 /PRNewswire/ -- LivePerson (Nasdaq: LPSN), a leading provider of trusted enterprise conversational AI and outcome-driven digital transformation, has been named as a Leader in G2's Spring 2025 Grid reports for AI Agents, Chatbots, Conversational Marketing, Bot Platforms, Live Chat, and Customer Self-Service. G2 ...