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Cerence (CRNC) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-07 23:20
This quarterly report represents an earnings surprise of 55.88%. A quarter ago, it was expected that this automotive artificial intelligence developer would post a loss of $0.27 per share when it actually produced a loss of $0.03, delivering a surprise of 88.89%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Cerence, which belongs to the Zacks Computers - IT Services industry, posted revenues of $78.01 million for the quarter ended March 2025, surpassing the Zack ...
Cerence(CRNC) - 2025 Q2 - Earnings Call Transcript
2025-05-07 22:00
Cerence (CRNC) Q2 2025 Earnings Call May 07, 2025 05:00 PM ET Speaker0 Hello, everyone, and welcome to Cerence's second quarter twenty twenty five conference call. I'm Kate Hickman, VP of corporate communications and investor relations. I've been with the company for nearly eight years leading communications, and I'm excited to now be leading Investor Relations as well. I look forward to getting to know all of you. Before we begin, I would like to remind you that this call may involve certain forward lookin ...
Cerence(CRNC) - 2025 Q2 - Quarterly Report
2025-05-07 21:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39030 CERENCE INC. (Exact name of registrant as specified in its charter) Delaware 83-4177087 (State or oth ...
Cerence(CRNC) - 2025 Q2 - Earnings Call Presentation
2025-05-07 20:32
Cerence Q2 FY25 Earnings Presentation May 7, 2025 Brian Krzanich, Chief Executive Officer Tony Rodriquez, Chief Financial Officer © 2025 Cerence Inc. Q2 FY25 Financial Details © 2025 Cerence Inc. 3 Cerence Q2FY25 Results Forward-Looking Statements Statements in this presentation regarding: Cerence's future performance, results and financial condition; expected growth and profitability; outlook and momentum; transformation plans and cost efficiency initiatives; strategy; opportunities; business, industry and ...
Cerence(CRNC) - 2025 Q2 - Quarterly Results
2025-05-07 20:24
Exhibit 99.1 Cerence Announces Second Quarter Fiscal 2025 Results; Revenue and Profitability Exceed High End of Guidance "I'm incredibly proud of what our team has accomplished. We surpassed the high end of our revenue and adjusted EBITDA guidance and posted our fourth consecutive quarter of positive free cash flow, demonstrating the high value we provide to the world's leading automakers as they work through the ongoing macro uncertainties and complexities facing the industry today," said Brian Krzanich, C ...
Cerence Announces Second Quarter Fiscal 2025 Results; Revenue and Profitability Exceed High End of Guidance
GlobeNewswire· 2025-05-07 20:05
Headlines BURLINGTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today reported its second quarter fiscal year 2025 results for the quarter ended March 31, 2025. Results Summary (in millions, except per share data) | | | | Three Months Ended | | | | Six Months Ended | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | March 31, | | | | March 31, | | | | 2025 | | | 2024 | | 2025 | | ...
Cerence AI Files Copyright Infringement Suit Against Microsoft and Nuance
GlobeNewswire News Room· 2025-05-06 20:30
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. Cerence AI and its predecessors have an extensive history of industry-leading innovation and technological achievement. This has resulted in a strong ...
Cerence AI and Code Factory Collaborate to Bring Voice-Powered Interaction to Self-Service Kiosks
GlobeNewswire· 2025-05-05 12:00
BURLINGTON, Mass., May 05, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, today announced an expanded collaboration with its long-time partner and distributor, Code Factory, to introduce VoiceTopping, a new solution that will bring conversational AI to self-service kiosks in a variety of industries. The announcement marks an important step as Cerence AI begins its strategic expansion into new markets, bringing the p ...
Cerence AI and MediaTek Partner to Introduce Multi-Modal Language Models Running on the Edge, Built on NVIDIA
Newsfilter· 2025-04-23 12:00
SHANGHAI and BURLINGTON, Mass., April 23, 2025 (GLOBE NEWSWIRE) -- Just ahead of Auto Shanghai 2025, Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today announced a new partnership with MediaTek and expanded collaboration with NVIDIA to deliver the next generation of CaLLM™ Edge, its embedded small language model (SLM) purpose-built for automotive user experiences. With new multi-modal capabilities powered by NVIDIA AI Enterprise software, ...
Cerence to Announce Fiscal Second Quarter Results on May 7, 2025
Newsfilter· 2025-04-16 12:00
Core Insights - Cerence Inc. will announce its second quarter financial results for the period ending March 31, 2025, on May 7, 2025, at 4:05 PM Eastern Time [1] - A live conference call and webcast will be held on the same day at 5:00 PM Eastern Time to discuss the results [2] Company Overview - Cerence Inc. is a global leader in creating AI-powered user experiences in the automotive and transportation sectors [3] - The company has shipped over 500 million cars equipped with its technology and collaborates with leading automakers and technology firms [3] - Cerence is headquartered in Burlington, Massachusetts, and has a global presence dedicated to advancing AI innovation [3]