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2023-06-22 17:23:12 ET Summary Cerence has both positive and negative aspects, with signs of a turning quarter and future growth potential. The stock is not attractively priced, and there is a high level of optimism regarding fiscal 2024 profitability. While revenue growth rat...
2023-06-22 06:56:47 ET Cerence ( NASDAQ: CRNC ) prices private offering of $190M aggregate principal amount of 1.50% convertible senior notes due July 1, 2028. The interest will be payable semi-annually in arrears on January 1 and July 1 of each year, beginning January 1, 202...
BURLINGTON, Mass., June 22, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today the pricing of $190.0 million aggregate principal amount of 1.50% convertible senior notes due 2028 (the “notes”) in a private offering (the “offering...
BURLINGTON, Mass., June 21, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it intends to offer, subject to market conditions and other factors, $190.0 million aggregate principal amount of convertible senior notes due 2028 (the “no...
BURLINGTON, Mass., June 20, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Lawyers of Color has named Cerence’s SVP & General Counsel Jennifer Salinas to its 2023 Power List. Lawyers of Color’s annual Power List recognize...
BURLINGTON, Mass., June 13, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Cerence JustTalk , an AI-powered capability for automotive assistants that eliminates the need for a push-to-talk button or wake-up word, is being leveraged by ...
BURLINGTON, Mass., June 01, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Marcy Klevorn has been appointed to serve as an independent, non-executive director, effective today. In her more than 35-year career at Ford, Ms. Klevorn hel...
BURLINGTON, Mass., May 22, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will be presenting at several upcoming investor conferences over the next few weeks. The investor conferences are: Evercore ISI AutoTech & AI Forum, May 24, 2023 Jeffer...
BURLINGTON, Mass., May 16, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced Chinese OEM Loncin Motors has selected Cerence Ride to enable AI-powered voice interaction for riders of its high-end motorcycle line. With Cerence Ride, Loncin rider...
2023-05-12 06:00:31 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips It almost goes without saying that investors looking for the best AI stocks to buy now should purchase shares of Microsoft (NASDAQ: MSFT ) and Nvidia (NASDAQ: NVDA...
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Schanz to Assume Chief Technology Officer Responsibilities Company Reaffirms Third Quarter Fiscal 2024 Guidance BURLINGTON, Mass., July 02, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that as part of its ongoing transformation effo...
BURLINGTON, Mass., June 27, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Audi, part of the Volkswagen Group, will leverage generative AI from Cerence to expand the capabilities of its in-car assistant. With a dual focus on creating...
BURLINGTON, Mass., June 24, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Volkswagen Group has deployed Cerence Chat Pro , the company’s uniquely intelligent, automotive-grade ChatGPT integration, to models across Volkswagen...