Company
Cerence Inc.
Headquarters: Burlington, MA, United States
Employees: 1,700
CEO: Dr. Stefan Ortmanns
Market Cap
$603.6 Million
USD as of Jan. 1, 2025
Cerence Inc. Categories
United States Technology Software—ApplicationUnited States Technology United States Software—Application
Top Competitors by Market Capitalization
Detailed Description
Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.
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Financials
| Last Financial Reports Date | Dec. 31, 2023 |
| Revenue TTM | $349.2 M |
| EBITDA | $6.3 M |
| Gross Profit TTM | $199.3 M |
| Profit Margin | -8.66% |
| Operating Margin | 42.86% |
| Quarterly Revenue Growth | 65.40% |
Stocks & Indices
Cerence Inc. has the following listings and related stock indices.
Stock: NASDAQ: CRNC wb_incandescent
Stock: BMV: CRNC wb_incandescent