CRNC News and Press, Cerence Inc. From 02/08/23

The following slide deck was published by Cerence Inc. in conjunction with their 2023 Q1 earnings call. For further details see: Cerence Inc. 2023 Q1 - Results - Earnings Call Presentation

Cerence press release ( NASDAQ: CRNC ): Q1 Non-GAAP EPS of $0.36 beats by $0.27 . Revenue of $83.65M (-11.4% Y/Y) beats by $7.04M . For the fiscal quarter ending March 31, 2023, revenue is expected to be in the range of $64 million to $68 million. Adjusted EBITDA is ...

Headlines Strong Core Business drives revenue and profitability Cerence Co-Pilot wins four more customers, including two win-backs Cerence Ride wins three more design awards for two-wheelers Investor Day sets “Destination Next” long-term growth st...

Cerence ( NASDAQ: CRNC ) is scheduled to announce FQ1 earnings results on Wednesday, February 8th, before market open. The consensus EPS Estimate is $0.09 (-84.7% Y/Y) and the consensus Revenue Estimate is $76.61M (-18.8% Y/Y). Over the last 2 years, CRNC has beaten EPS esti...

BURLINGTON, Mass., Feb. 07, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Cerence Tour Guide , an AI-powered application for automotive assistants that brings professional, guided tour content directly into the car, is powering intera...

Summary There are significant benefits to adopting connectivity and voice assistant in automotives that benefits consumers and OEMs. CRNC's strong relationship with OEMs is a strong barrier to entry. Change in contract strategy might come with risk in the near term but reward could ...

BURLINGTON, Mass., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its first quarter financial results for the quarter ended December 31, 2022 on Wednesday, February 8, 2023 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The co...

BURLINGTON, Mass., Jan. 09, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that BYD , the leading OEM in global new energy vehicles sales, will deploy Cerence’s conversational AI in BYD electric vehicles worldwide. With a top r...

BURLINGTON, Mass., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, and innovative location technology what3words today announce their continued strategic partnership to supply their voice-powered navigation solution to leading automakers ar...

BURLINGTON, Mass., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it will be presenting at the 25 th Annual Needham Growth Conference in New York City on Tuesday, January 10, 2023 at 9:30 a.m. Eastern Time. The format for the ...