| Cerence Inc. (CRNC) Q2 2025 Earnings Call Transcript |
Cerence Inc. (NASDAQ:CRNC ) Q2 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Kate Hickman - VP, Corporate Communications and IR Brian Krzanich - CEO Tony Rodriquez - EVP and CFO Conference Call Participants Daniel Hibshman - Craig-Hallum Nicholas Doyle - Needham Mark Delaney - Goldman Sachs Itay Michaeli - TD Cowen Kate Hickman Hello everyone and welcome to Cerence's Second Quarter 2025 Conference Call. I'm Kate Hickman, VP of Corporate Communications and Investor Relations. |
seekingalpha.com |
2025-05-08 01:32:46 |
Czytaj oryginał (ang.) |
| Cerence (CRNC) Q2 Earnings and Revenues Surpass Estimates |
Cerence (CRNC) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to loss of $0.09 per share a year ago. |
zacks.com |
2025-05-07 23:20:39 |
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| Cerence AI Files Copyright Infringement Suit Against Microsoft and Nuance |
BURLINGTON, Mass., May 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced the filing of a copyright infringement and breach of contract lawsuit against Microsoft and Nuance Communications in the United States District Court for the District of Delaware. |
globenewswire.com |
2025-05-06 20:30:00 |
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| Auto Shanghai 2025: Cerence AI Partners with Industry Leaders to Showcase xUI, its Hybrid, Agentic AI Assistant Platform |
SHANGHAI and BURLINGTON, Mass., April 22, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, will demo Cerence xUI™, its agentic AI assistant platform that works across the edge and the cloud, for the first time at Auto Shanghai 2025. |
globenewswire.com |
2025-04-22 12:00:00 |
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| Cerence to Announce Fiscal Second Quarter Results on May 7, 2025 |
BURLINGTON, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, will announce its second quarter financial results for the quarter ended March 31, 2025, on Wednesday, May 7, 2025, at 4:05pm Eastern Time / 1:05pm Pacific Time. |
globenewswire.com |
2025-04-16 12:00:00 |
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| Cerence AI Honored with 2025 ECARX Best Contribution Award |
SHANGHAI and BURLINGTON, Mass., April 02, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that it has received a Best Contribution Award at the 2025 ECARX Partnership Conference, held on March 11, 2025, in Hangzhou, China. |
globenewswire.com |
2025-04-02 12:00:00 |
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| Better Artificial Intelligence Stock: SoundHound AI vs. Cerence AI |
SoundHound AI (SOUN -4.22%) might not be a household name, but it has been one of the best-performing stocks since artificial intelligence (AI) became the hot phrase in the market around the end of 2022. |
fool.com |
2025-03-30 10:20:00 |
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| Cerence AI Adds Former Ford Executive Marion Harris to its Board of Directors |
BURLINGTON, Mass., March 20, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced that Marion Harris, a long-time Ford Motor Company executive, has been appointed to serve as an independent, non-executive director, effective April 1, 2025. |
globenewswire.com |
2025-03-20 10:00:00 |
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| Cerence AI Debuts xUI, its Hybrid, LLM-Based Platform, Advancing the Fully Agentic In-Car Experience |
BURLINGTON, Mass., March 13, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today introduced Cerence xUI™, its agentic AI assistant platform that works across the edge and the cloud to advance the next generation of LLM-powered in-vehicle user experiences. |
globenewswire.com |
2025-03-13 10:30:00 |
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| Cerence: Bottoming Out Amid Strong Auto AI-Powered Virtual Assistant Demand |
Cerence is leveraging generative AI to enhance in-car experiences, with its flagship CaLLM product driving future growth in the automotive virtual assistant market. Despite a significant revenue drop, Cerence's core business remains stable, with a 5% growth in connected car shipments and new strategic partnerships. Restructuring efforts aim to cut costs by $35-$40 million, bolstering profit margins and positioning Cerence for sustainable growth in the evolving automotive AI landscape. |
seekingalpha.com |
2025-03-05 09:57:31 |
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| Recent Developments Show These 3 Growth Stocks Could Be Big Winners In 2025 |
As earnings season concludes, investors looking for meaningful catalysts to point to as reasons to own specific stocks certainly have plenty to think about. |
247wallst.com |
2025-02-20 10:55:26 |
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| Cerence Rises 75% Year to Date: Buy, Sell or Hold the Stock? |
CRNC's shares ride on an expanding clientele and a strong partner network. However, stiff competition and stretched valuation are concerns. |
zacks.com |
2025-02-18 12:50:13 |
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| Cerence Inc. (CRNC) Q1 2025 Earnings Call Transcript |
Cerence Inc. (NASDAQ:CRNC ) Q1 2025 Earnings Conference Call February 6, 2025 5:00 PM ET Company Participants Brian Krzanich - CEO Tony Rodriquez - Interim CFO Conference Call Participants Nicholas Doyle - Needham & Company Mark Delaney - Goldman Sachs Colin Langan - Wells Fargo Daniel Hibshman - Craig-Hallum Jeff Osborne - TD Cowen Operator Welcome to Cerence's First Quarter of Fiscal Year 2025 Conference Call. Before we begin, I would like to remind you that this call may involve certain forward-looking statements. |
seekingalpha.com |
2025-02-06 21:45:21 |
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| Cerence (CRNC) Reports Q1 Loss, Tops Revenue Estimates |
Cerence (CRNC) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to earnings of $1.12 per share a year ago. |
zacks.com |
2025-02-06 20:30:37 |
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| Cerence Announces First Quarter Fiscal 2025 Results |
BURLINGTON, Mass., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today reported its first quarter fiscal year 2025 results for the quarter ended December 31, 2024. |
globenewswire.com |
2025-02-06 18:05:00 |
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| Cerence CEO Has Vision And Connections To Turn Company's Voice Assistant From 'Want-To-Have' To 'Need-To-Have': Analyst Upgrades Stock |
Cerence Inc. CRNC shares surged on Wednesday after Needham analyst Nick Doyle upgraded the stock from Hold to Buy with a price target of $16. |
benzinga.com |
2025-01-22 14:46:35 |
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| Cerence to Announce Fiscal First Quarter Results on February 6, 2025 |
BURLINGTON, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, will announce its first quarter financial results for the quarter ended December 31, 2024, on Thursday, February 6, 2025, at 4:05pm Eastern Time / 1:05pm Pacific Time. |
globenewswire.com |
2025-01-21 10:00:00 |
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| Cerence: Navigating AI Innovation In A Challenging Automotive Landscape |
Cerence, Inc. holds a 52% market share in automotive virtual assistants but faces intense competition and technology uncertainties. Financial performance shows mixed results with recent growth but significant operating expenses and margin pressures from automakers. Valuation suggests a narrow margin of safety, with a $14 per share estimate, only 9.5% above the current stock price. |
seekingalpha.com |
2025-01-20 11:38:54 |
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| Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact? |
Shares of AI-assistant maker Cerence NASDAQ: CRNC exploded upward to kick off 2025 after the company announced an expanded partnership with NVIDIA NASDAQ: NVDA. Shares rose nearly 144% in one day after the announcement. |
marketbeat.com |
2025-01-16 13:06:24 |
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| CRNC Stock Soars 387% in 6 Months: Will the Bull Run Continue in 2025? |
CRNC drives innovation in automotive AI with strong partnerships and product launches but faces challenges from rising competition. |
zacks.com |
2025-01-13 15:50:17 |
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| 3 Innovative Small-Cap Tech Stocks: Time to Buy, Sell, or Hold? |
Innovative small-cap tech stocks like Cerence Inc. NASDAQ: CRNC, Rigetti Computing NASDAQ: RGTI, and Airship AI NASDAQ: AISP are gaining traction. They are gaining traction with their businesses and stock prices, indicating potential for significant gains in 2025. |
marketbeat.com |
2025-01-08 10:15:20 |
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| Better Buy: Cerence or SoundHound AI? |
In this video, I will cover the recent updates regarding Cerence (CRNC 8.15%). Watch the short video to learn more, consider subscribing, and click the special offer link below. |
fool.com |
2025-01-06 13:13:08 |
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| Nvidia Just Made This Artificial Intelligence (AI) Stock Skyrocket. Could This Be the Next SoundHound AI? |
In today's video, I discuss Nvidia (NVDA 4.45%) and Cerence (CRNC 143.76%) . To learn more, check out the short video, consider subscribing, and click the special offer link below. |
fool.com |
2025-01-06 11:17:57 |
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| CRNC Short Squeeze Analysis (5 Attributed to Look for) |
Short squeezes are on of the most rewarding set ups. Luckily, investors can learn the ingredients behind these breathtaking moves with some studying. |
zacks.com |
2025-01-03 18:51:05 |
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| S&P 500, Dow edge higher but face weekly losses; Cerence soars 120%, alcohol stocks slide |
US equity benchmarks moved higher on Friday amid better manufacturing data from the country. At the time of writing, the S&P 500 index was 1% higher, while the Dow Jones Industrial Average gained 0.6%. |
invezz.com |
2025-01-03 15:19:23 |
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| Nasdaq Surges Over 1%; Cerence Shares Spike Higher |
U.S. stocks traded higher midway through trading, with the Nasdaq Composite surging more than 1% on Friday. |
benzinga.com |
2025-01-03 14:02:12 |
Czytaj oryginał (ang.) |
| SoundHound Rival Cerence AI Scores Nvidia Automotive Pact. Shares Surge. |
Cerence AI, a rival of SoundHound, announced an automotive pact with Nvidia. Cerence stock popped, SoundHound stock also gained. |
investors.com |
2025-01-03 13:09:07 |
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| Cerence AI Expands Collaboration with NVIDIA to Advance its CaLLM Family of Language Models |
BURLINGTON, Mass., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in voice AI, today announced an expanded collaboration with NVIDIA to advance the capabilities of its CaLLM™ family of language models, including its cloud-based Cerence Automotive Large Language Model (CaLLM) and its CaLLM Edge embedded small language model. |
globenewswire.com |
2025-01-03 10:00:00 |
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| Cerence Announces Repurchase of $27 Million of 3% Senior Notes Due 2025 |
BURLINGTON, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI” or “the Company”), a global leader in AI for transportation, today announced that, in light of its current cash position and outlook for future cash generation, the Company entered into privately negotiated transactions with certain holders of its 3.00% Convertible Senior Notes Due 2025 (the “Notes”), pursuant to which the Company agreed to repurchase approximately $27 million aggregate principal amount of the Notes from such holders at a cash repurchase price equal to 98.5% of their principal amount, together with the accrued and unpaid interest to (but not including) the date of repurchase. |
globenewswire.com |
2024-12-23 10:00:00 |
Czytaj oryginał (ang.) |
| Cerence Stock Rises 151% in a Month: Is There More Room to Run? |
Cerence stock benefits from strong AI advancements and growing clientele despite automotive market challenges. |
zacks.com |
2024-12-16 13:50:18 |
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| Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4) |
BURLINGTON, Mass., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today announced that, in connection with Antonio (“Tony”) Rodriquez's recent appointment as Executive Vice President, Chief Financial Officer effective November 29, 2024, the Company granted Mr. Rodriquez 313,283 time-based restricted stock units and 313,283 performance-based restricted stock units. The time-based restricted stock units will vest in three equal installments on each of October 1, 2025, October 1, 2026, and October 1, 2027, in each case subject to Mr. Rodriquez's continued service with the Company through the applicable vesting date. The performance-based restricted stock units will be earned based on the achievement of the Company's performance metrics for each of fiscal year 2025, 2026 and 2027 with one-third of the total performance-based restricted stock units eligible to be earned for each fiscal year, subject to Mr. Rodriquez's continued service with the Company through such vesting date. All of these awards were granted as an inducement material to Mr. Rodriquez entering into employment with the Company pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules. |
globenewswire.com |
2024-12-06 18:30:00 |
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| Cerence AI Names Tony Rodriquez as Chief Financial Officer |
BURLINGTON, Mass., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today announced that it has appointed Antonio (“Tony”) Rodriquez as its Chief Financial Officer (CFO), effective November 29, 2024. |
globenewswire.com |
2024-12-03 10:00:00 |
Czytaj oryginał (ang.) |
| Cerence Up 155% in 2 Days: SoundHound AI's Fierce Competitor |
Cerence NASDAQ: CRNC is an AI stock that has burst onto the radar of many investors lately. Since its latest earnings release on Nov. 21, shares have skyrocketed 155% as of the Nov. 25 close. |
marketbeat.com |
2024-11-26 14:15:07 |
Czytaj oryginał (ang.) |
| CRNC Beats Q4 Earnings Estimates: Will FY25 Outlook Drag Shares Down? |
Cerence's fiscal fourth-quarter performance benefits from strong AI progress and customer wins despite a decline in end markets and weak fiscal 2025 guidance. |
zacks.com |
2024-11-22 14:40:35 |
Czytaj oryginał (ang.) |
| Cerence Earnings: The Worst Could Be Behind It |
Cerence Inc.'s stock is undervalued at 10x forward free cash flow despite a turbulent past and a 60% decline in 2024. The company's AI-driven in-car voice solutions, trusted by major automakers, and cost reductions position it for improved financial performance. Cerence's free cash flow is projected to double in fiscal 2025, with the potential to reach $30 million in fiscal 2026. |
seekingalpha.com |
2024-11-22 12:10:07 |
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| Cerence Stock: Persistent Risks Remain Despite Positive Q4 Earnings Results |
Cerence shares have more than doubled since its Q4 earnings were released. While growth is expected to remain muted next year, margins are expected to be solid, coupled with strong FCF generation. Cerence's balance sheet remains vulnerable, with $90 million in debt due in the coming year. |
seekingalpha.com |
2024-11-22 11:00:22 |
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| Cerence Inc. (CRNC) Q4 2024 Earnings Call Transcript |
Cerence Inc. (NASDAQ:CRNC ) Q4 2024 Earnings Conference Call November 21, 2024 8:30 AM ET Company Participants Brian Krzanich - CEO Tony Rodriquez - Interim CFO Conference Call Participants Jeff Van Rhee - Craig-Hallum Colin Langan - Wells Fargo Nicholas Doyle - Needham & Company Aman Gupta - Goldman Sachs Operator Good day, and welcome to Cerence's Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2024-11-21 13:52:09 |
Czytaj oryginał (ang.) |
| Cerence (CRNC) Reports Q4 Loss, Tops Revenue Estimates |
Cerence (CRNC) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.32. This compares to earnings of $0.09 per share a year ago. |
zacks.com |
2024-11-21 11:16:07 |
Czytaj oryginał (ang.) |
| Cerence Q4 Earnings Loom: Should You Buy, Sell or Hold CRNC Stock? |
CRNC's fourth-quarter fiscal 2024 results are likely to suffer from sluggish demand among automotive OEMs. |
zacks.com |
2024-11-19 13:40:26 |
Czytaj oryginał (ang.) |
| Cerence Introduces Pioneering Embedded Small Language Model, Purpose-Built for Automotive |
BURLINGTON, Mass., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today introduced CaLLM™ Edge, its pioneering, automotive-grade, embedded small language model (SLM). |
globenewswire.com |
2024-11-13 13:00:00 |
Czytaj oryginał (ang.) |
| Cerence Rises 19% in a Month: How Should Investors Play CRNC Stock? |
CRNC's shares ride on an expanding clientele and a strong partner network. However, stiff competition and stretched valuation are concerns. |
zacks.com |
2024-10-22 17:10:23 |
Czytaj oryginał (ang.) |
| Cerence Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4) |
BURLINGTON, Mass., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (the “Company”), AI for a world in motion, today announced that, in connection with Brian Krzanich's recent appointment as Chief Executive Officer and President effective October 7, 2024, the Company granted Mr. Krzanich an initial equity award with a target aggregate value of $6 million, based on the average closing price of the Company's common stock over the trailing 20 trading days ending on the date of grant. Such award consists of 1,038,062 time-based restricted stock units and a target of 1,038,062 performance-based restricted stock units. The time-based restricted stock units will vest in three equal installments on each of October 7, 2025, October 7, 2026, and October 7, 2027, in each case subject to Mr. Krzanich's continued service with the Company through the applicable vesting date. The performance-based restricted stock units will be earned based on the achievement of Company performance metrics during the three fiscal-year period ending on September 30, 2027, subject to Mr. Krzanich's continued service with the Company through the date that the Company publicly issues its earnings release for fiscal year 2027. All of these awards were granted as an inducement material to Mr. Krzanich entering into employment with the Company pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules. |
globenewswire.com |
2024-10-11 21:00:00 |
Czytaj oryginał (ang.) |
| Cerence (CRNC) Is Attractively Priced Despite Fast-paced Momentum |
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cerence (CRNC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2024-10-09 13:50:39 |
Czytaj oryginał (ang.) |