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Cerence (NASDAQ:CRNC) has reported prelim revenue of $85.5M and $86.5M for FQ2, above consensus estimate of $84.44M. Non-GAAP net income is projected between $0.32 and $0.33 per diluted share vs. $0.34 consensus, while adj. EBITDA is seen at $23.4M and $24.5M. Bookings are likely to come in a...
Appoints Current Board Member and Industry Veteran Tom Beaudoin as New EVP & CFO Adds Former Intel Executive and Automated Driving Leader Doug Davis to Board Provides Preliminary Financial Results, Affirms Full Year Fiscal 2022 Guidance BURLINGTON, Mass., M...
BURLINGTON, Mass., May 03, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its second quarter financial results for the quarter ended March 31, 2022 on Tuesday, May 10, 2022 at 7:00 a.m. EST / 4:00 a.m. PST. The company will host a liv...
ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. Growth stocks were pressured as the Federal Reserve turne...
ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Strategy outperformed during the quarter due to great...
BUFFALO, N.Y., March 25, 2022 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial partners, is celebrating a milestone in company growth, surpassing 2,000 teammates across its North American footprin...
BURLINGTON, Mass., March 23, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Hongqi Auto , the luxury automotive marque of China’s FAW Group , has selected Cerence and PATEO CONNECT+ , a leading connected car techno...
OEMs are increasingly viewing voice enabled services and increased digital connectivity as key differentiators in the marketplace. Cerence, through its speech signal enhancement technology that neutralizes ambient noise, is the leader in speech recognition technology for the auto mark...
Headwaters Capital Management is an actively managed, concentrated investment strategy focused on small and mid-capitalization stocks. The strategy seeks to invest in a small number of industry-leading companies with sustainable competitive advantages and the opportunity to generate durab...
Cerence (NASDAQ:CRNC) has appointed industry veteran Marc Montagner as its new CFO. Montagner, who most recently served as CFO and Chief Risk Officer at Endurance International, will take the new role on Apr. 04, 2022. He will be based in the Cerence Burlington, Massachusetts headquarters and...
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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...