Cerence

Cerence, Inc. builds automotive cognitive assistance solutions to power natural and intuitive interactions between automobiles, drivers and passengers, and the broader digital world. It also engages in the sale of software licenses and cloud-connected services. The company was founded on October 1, 2019 and is headquartered in Burlington, MA.

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Cerence surpasses Q1 expectations, eyes future automotive trends for growth

Cerence delivered a strong Q1 performance, exceeding guidance and showcasing strength in core auto business and connected services.
While facing challenges with semiconductor shortages, the company remains focused on innovation, cost savings, and driving long-term sustainable growth.
Investors are keen on underlying metrics reflecting growth potential and are optimistic about future revenue opportunities from evolving automotive trends.
Cerence's strategic focus on execution, innovation, and competitiveness positions it well for continued success and growth in the market.

Cerence beats Q2 revenue expectations, focuses on AI innovation

Cerence delivered a strong performance in Q2, exceeding revenue guidance and demonstrating operational excellence. While facing challenges in certain revenue segments, the company's strategic wins and focus on AI technologies present promising opportunities for growth. Cerence's financial position remains solid, with healthy cash flow and a strong balance sheet.

Cerence reports solid Q3 performance, eyes growth through AI innovation

Cerence delivered strong Q3 results with revenue meeting guidance and notable profitability metrics. The company's focus on AI innovation, global market expansion, and debt restructuring positions it for growth. Strategic wins and emphasis on new business underscore long-term success strategies.

Cerence surpasses Q4 revenue expectations, navigates strategic shifts

Cerence's Q4 performance exceeded expectations, with a strong revenue outlook for FY '24.
Strategic wins in automotive and generative AI space position Cerence for future growth.
Challenges in fixed contracts and revenue stabilization require strategic adjustments.
Opportunities lie in product diversification, upselling, and process improvements for growth.

Cerence surpasses Q1 revenue expectations, eyes growth through strategic partnerships

Cerence's Q1 2024 performance exceeded expectations, showcasing strong revenue and profitability metrics.
Strategic partnerships with industry leaders and market traction in key regions highlight Cerence's competitive edge.
While challenges like revenue guidance and market dynamics persist, Cerence's focus on innovation and global presence bode well for future growth.

Cerence (CRNC) surpasses Q2 revenue targets, eyes growth opportunities

Cerence (CRNC) demonstrated resilience in Q2 with revenue exceeding expectations and a focus on core automotive business strengthening.
While facing challenges such as backlog reduction and revenue fluctuations, the company remains agile and anticipates growth opportunities.
Strategic initiatives, financial stability, and market adaptability position Cerence (CRNC) for sustainable growth and market leadership in the AI automotive sector.

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Cerence, Inc. engages in building artificial intelligence-powered virtual assistants for the mobility and transportation market. Its products include core technologies, apps and multi-modality, audio AI, adjacent markets, professional services and platform developers. The company was founded on October 1, 2019 and is headquartered in Burlington, MA.

Los Angeles, California--(Newsfile Corp. - March 6, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cerence Inc. ("Cerence" or "the Company") (NASDAQ: CRNC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between February 8, 2021 and February 4, 2022, inclusive (the...

Shareholder Action Notice: ($500K) The Schall Law Firm Encourages Investors in Cerence Inc. with Losses of $500,000 to Contact the Firm

NEW YORK, March 5, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Cerence Inc. (NASDAQ: CRNC) between February 8, 2021 and February 4, 2022, inclusive (the "Class Period"). A class action lawsuit has already been filed.

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Cerence Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CRNC

PHILADELPHIA, March 4, 2022 /PRNewswire/ -- Berger Montague is investigating securities fraud allegations on behalf of investors who purchased the securities of Cerence Inc. ("Cerence" or the "Company") (NASDAQ: CRNC) between February 8, 2021 through February 4, 2022 (the "Class Period"). If you purchased Cerence securities during the Class Period, would like to discuss Berger Montague's investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Michael Dell'Angelo at mdellangelo@bm.net or (215) 875-3080 or visit: https://investigations.bergermontague.com/cerence-inc/  Whistleblowers: Anyone with non-public information regarding Cerence is encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program.

CERENCE INC. UPDATE: Berger Montague Investigates Securities Fraud Allegations Against Cerence Inc. (NASDAQ: CRNC); Lead Plaintiff Deadline is April 26, 2022

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Cerence Inc. (“Cerence” or the “Company”) (NASDAQ: CRNC) common stock between February 8, 2021 and February 4, 2022, inclusive (the “Class Period”). Cerence investors have until April 26, 2022 to file a lead plaintiff motion. If you suffered a loss on your Cerence inv

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Cerence Inc. (CRNC) Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Cerence Inc. (“Cerence” or the “Company”) (NASDAQ: CRNC) common stock between February 8, 2021 and February 4, 2022, inclusive (the “Class Period”). Cerence investors have until April 26, 2022 to file a lead plaintiff motion. Investors suffering losses on their Cerence investments are encouraged to contact the Law Offices of Howard G. Smith to

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Cerence Inc. (CRNC) Investors

SAN DIEGO--(BUSINESS WIRE)---- $CRNC #attorney--Cerence Inc. (CRNC) misled the investing public regarding the impact of the semiconductor shortage on demand for its software.

Class Action Alert: Robbins LLP Reminds Investors of Class Action Against Cerence Inc. (CRNC)

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Cerence Inc. (“Cerence” or the “Company”) (NASDAQ: CRNC) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Cerence investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, yo

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Cerence Inc. (CRNC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $CRNC #CRNC--SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Cerence Inc. with Losses of $100,000 to Contact the Firm

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Cerence Inc. with Losses of $100,000 to Contact the Firm

New levels of speed and accuracy transform the driving experience for Volkswagen drivers, starting in the Golf 8 GTI New levels of speed and accuracy transform the driving experience for Volkswagen drivers, starting in the Golf 8 GTI

Volkswagen and Cerence Expand Strategic Partnership; Premier Automaker Selects Cerence to Power Conversational AI in its Next-Gen Infotainment System

SAN DIEGO--(BUSINESS WIRE)---- $CRNC #AI--SHAREHOLDER ALERT: Robbins LLP Informs Shareholders of Class Action Against Cerence Inc. (CRNC)

SHAREHOLDER ALERT: Robbins LLP Informs Shareholders of Class Action Against Cerence Inc. (CRNC)

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Cerence Inc. (“Cerence” or the “Company”) (NASDAQ: CRNC) investors concerning the Company's possible violations of federal securities laws. On November 22, 2021, before the markets opened, Cerence announced that it expected fiscal 2022 revenue “to be in the range of $400M to $425M,” which was well below analysts' expectations. On this news, Cerence's stock fell $21.47, 0r 20.6%, to close at $8

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Cerence Inc. (CRNC) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)---- $CRNC #CRNC--The Schall Law Firm Encourages Investors in Cerence Inc. with Losses of $100,000 to Contact the Firm

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Cerence Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Cerence Inc. (“Cerence” or the “Company”) (NASDAQ: CRNC) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On November 22, 2021, before the markets opened, Cerence announced that it expected fiscal 2022 revenue “to be in the range of $400M to $425M,” which was well below analysts' expec

The Law Offices of Frank R. Cruz Announces Investigation of Cerence Inc. (CRNC) on Behalf of Investors

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Cerence Inc. (NASDAQ: CRNC) between February 8, 2021 and February 4, 2022, inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 26, 2022. SO WHAT: If you purchased Cerence securities during the Class Period you may

EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Cerence Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action – CRNC

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Cerence Inc. (“Cerence” or the “Company”) (NASDAQ: CRNC) in the United States District Court for the District of Massachusetts on behalf of all persons and entities who purchased or otherwise acquired Cerence securities between February 8, 2021 and February 4, 2022, both dates inclusive (the “Class Period”). Investors have

CERENCE ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Cerence Inc. and Encourages Investors to Contact the Firm

Artificial intelligence (AI) mobility and virtual assistants solutions provider Cerence (NASDAQ: CRNC) stock has been decimated since the IPO highs.

Cerence Stock is Repricing Itself

BERWYN, Pa., Feb. 17, 2022 /PRNewswire/ --  RM LAW, P.C.

RM LAW Announces Investigation of Cerence Inc.

Cerence to collaborate with Mercedes-Benz Korea to bring this integrated capability to drivers of select Mercedes-Benz models in Korea via MBUX Cerence to collaborate with Mercedes-Benz Korea to bring this integrated capability to drivers of select Mercedes-Benz models in Korea via MBUX

Cerence Expands Cloud Capabilities for Korean Drivers through Interoperability with KT's AI Assistant, GiGA Genie

Cerence has had a significant shift in its management team.

Is It Game Over for Cerence Investors?

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cerence Inc. (“Cerence” or the “Company”) (NASDAQ: CRNC). Investors who purchased Cerence shares are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/crnc. The investigation concerns whether Cerence and certain of its officers and/or directors have violated federal securities laws.

Bronstein, Gewirtz & Grossman, LLC Notifies Cerence Inc. (CRNC) Investors of Investigation

The stock price of Cerence Inc (NASDAQ: CRNC) fell by 31.41% today. This is why it happened.

Cerence (CRNC) Stock: Why The Price Substantially Fell Today

Cerence Inc. (CRNC) CEO Stefan Ortmanns on Q1 2022 Results - Earnings Call Transcript

The provider of AI tech for autos is having its worst day in a long time.

Why Cerence Stock Is Crashing Today

Cerence (CRNC) delivered earnings and revenue surprises of 15.69% and 0.25%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Cerence (CRNC) Surpasses Q1 Earnings and Revenue Estimates

Cerence Inc CRNC reported first-quarter FY22 revenue growth of 0.8% year-on-year to $94.43 million, marginally above the consensus of $94.38 million. Non-GAAP EPS of $0.59 beat the consensus of $0.51.

News for Cerence Stock (CRNC)