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The Latest Breaking News from Cerence

Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?

Cerence is an AI-assistant company that over doubled in price after an press release featuring NVIDIA. Is the excitement warranted, or shrouded in hype?

MarketBeat

Analysts make Nvidia, AMD predictions ahead of Consumer Electronics Show

Wall Street veterans offer forecasts before the big tech event in Las Vegas.

The Street

This Little-Known AI Stock Just Scored a Major Deal with Nvidia

Shares of this company doubled after it snagged an automotive deal with the AI giant.

Barchart

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SoundHound Rival Cerence AI Scores Nvidia Automotive Pact. Shares Surge.

Cerence AI, a rival of SoundHound, announced an automotive pact with Nvidia. Cerence stock popped, SoundHound stock also gained.

Investors Business Daily

Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor

Cerence is a key competitor to AI-voice recognition stock SoundHound AI in a big industry. See why investors have started to get excited about this name.

MarketBeat

Ex-Intel CEO Brian Krzanich gets a new job, igniting a massive backlash — new employer Cerence disables social media comments after blistering criticism

Former Intel CEO Brian Krzanich was recently hired to lead at Cerence Inc., an automotive AI technology company based in Burlington, MA. However, Cerence's celebratory statements concerning its new CEO, shared via social media, have quickly turned sour as comments pour scorn on the firm's top-exec hiring decision.

Tom’s Hardware

Volkswagen turns to ChatGPT AI for its in-car voice assistant

Announced at the CES tech show in Las Vegas, VW will bring ChatGPT to Golf, ID.3 and others this year

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Volkswagen Brings ChatGPT To Its Cars’ Infotainment Systems

Several EVs, as well as a couple of combustion models, will get the feature as standard starting in the second quarter of 2024.

InsideEVs

Stock Market Remains Mixed; Pizza Stock Hits Buy Point As IRobot Plummets On This Surprise

The stock market didn't make much progress and posted mixed results on Monday. This beauty stock rallied on expected higher 2024 sales.

Investors Business Daily

How to Invest in Artificial Intelligence (AI) Technology

What Is Artificial Intelligence?Artificial intelligence (AI) aims to replicate or surpass the intelligence of humans via programming software. It is a field in computer science focused on the development of machines to perform the same tasks usually required of human intelligence. AI-based software ...

The Street

Benzinga's Top Ratings Upgrades, Downgrades For August 10, 2022

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 7, 2022

Upgrades

Benzinga

Cerence's Return On Capital Employed Overview

Benzinga Pro data, Cerence (NASDAQ:CRNC) reported Q2 sales of $86.28 million. Earnings fell to a loss of $476.00 thousand, resulting in a 102.5% decrease from last quarter.

Benzinga

What 6 Analyst Ratings Have To Say About Cerence

Within the last quarter, Cerence (NASDAQ:CRNC) has observed the following analyst ratings:

Benzinga

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Benzinga

Cerence Reports Mixed Q2 Results; Margins Shrink Due To Automotive Headwinds

Cerence Inc (NASDAQ:CRNC) reported a second-quarter FY22 revenue decline of 12.5% year-on-year to $86.3 million, above the consensus of $84.6 million. Non-GAAP EPS of $0.33 missed the consensus of $0.34. Segments: Revenue from License fell 14.8% Y/Y to $46.3 million, Connected services decreased 30.3% Y/Y to $19.3 million, and Professional services rose 24.7% Y/Y…

Benzinga

Recap: Cerence Q2 Earnings

Cerence (NASDAQ:CRNC) reported its Q2 earnings results on Tuesday, May 10, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

Earnings Outlook For Cerence

Cerence (NASDAQ:CRNC) is set to give its latest quarterly earnings report on Tuesday, 2022-05-10. Here's what investors need to know before the announcement. Analysts estimate that Cerence will report an earnings per share (EPS) of $0.34.

Benzinga

What 11 Analyst Ratings Have To Say About Cerence

Within the last quarter, Cerence (NASDAQ:CRNC) has observed the following analyst ratings:

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Benzinga

What 13 Analyst Ratings Have To Say About Cerence

Within the last quarter, Cerence (NASDAQ:CRNC) has observed the following analyst ratings:

Benzinga

Looking Into Cerence's Return On Capital Employed

According to Benzinga Pro, during Q1, Cerence (NASDAQ:CRNC) earned $19.04 million, a 138.32% increase from the preceding quarter. Cerence also posted a total of $94.43 million in sales, a 41.02% increase since Q4.

Benzinga

A Look Into Cerence's Debt

Shares of Cerence (NASDAQ:CRNC) decreased by 39.65% in the past three months. Before we understand the importance of debt, let us look at how much debt Cerence has.

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