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Cerence to Announce Fiscal First Quarter Results on February 4, 2026
Globenewswire· 2026-01-21 13:00
Core Viewpoint - Cerence Inc. is set to announce its first quarter financial results for the period ending December 31, 2025, on February 4, 2026, at 4:05 PM Eastern Time [1] Group 1: Financial Results Announcement - The financial results will be discussed in a live conference call and webcast on the same day at 4:30 PM Eastern Time [2] - Interested investors and analysts can register for the audio conference call and access the webcast at investors.cerence.com [2] Group 2: Company Overview - Cerence Inc. is a global leader in creating AI-powered user experiences in the automotive and transportation sectors [3] - The company has shipped over 525 million cars equipped with its technology, partnering with leading automakers and technology firms [3] - Cerence is headquartered in Burlington, Massachusetts, and has a global presence dedicated to advancing AI innovation [3]
Cerence Announces Repurchase of $30 Million of 1.50% Convertible Senior Notes Due 2028
Globenewswire· 2025-12-24 13:00
Core Viewpoint - Cerence Inc. has announced a strategic decision to repurchase $30 million of its 1.50% Convertible Senior Notes due 2028 at a cash price of 92% of their principal amount, reflecting an efficient use of cash reserves and aiming to enhance shareholder value [1][2]. Group 1: Financial Strategy - The repurchase of the Notes is intended to reduce interest expenses, eliminate potential dilution from refinancing, and lower leverage, which is expected to yield a net positive outcome for shareholders [2]. - Following the repurchase, the company will assess its cash position and the market for the remaining $180 million of Notes until their maturity in 2028 [2]. Group 2: Company Overview - Cerence Inc. is a leader in creating AI-powered user experiences in the automotive and transportation sectors, with over 525 million cars equipped with its technology [4]. - The company focuses on innovation in voice, generative AI, and large language models, partnering with major automakers and technology firms to enhance user experiences [4].
Cerence AI Powers In-Car Experience in Premier German Automaker’s New Electric Sedan
Globenewswire· 2025-06-26 12:00
Core Insights - Cerence Inc. announced the integration of its AI technologies into the next-generation MBUX system, debuting in the all-electric Mercedes-Benz CLA, marking a significant milestone in their collaboration with Mercedes-Benz [1][2] - The MBUX Virtual Assistant will feature advanced conversational capabilities, including a new "living" avatar and enhanced emotional interaction through Cerence's neural text-to-speech technology [2][3] - Cerence AI's solutions support seamless interaction across 25 languages, enhancing the user experience for drivers and passengers [2][5] Company Overview - Cerence Inc. is a leader in creating AI-powered experiences in the automotive sector, with over 500 million cars equipped with its technology [5] - The company focuses on voice interaction technologies, generative AI, and large language models to improve safety and connectivity in vehicles [5] - Cerence is headquartered in Burlington, Massachusetts, and collaborates with major automakers and technology firms to innovate user experiences [5]