Cerence Inc CRNC

$8.09 -0.01 (-0.12%)

Valuation

Market cap
365,911,000
Revenue TTM
$251,780,000
Net income TTM
$-18,710,000
PE ratio
9.76
Forward PE
15.73
Profit margin
-7.43%
Debt to equity
1.04

Trading

Volume
450,300
Avg volume
655,044
Day's range
$8.00 – $8.31
Shares out
45,230,000
Stochastic %K
68%
Beta
3.04
Analysts
Sell
Price target
$10.75

Price

Company profile

Cerence Inc. provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant, and professional services. It also provides conversational and generative artificial intelligence-base...

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Cerence Inc. provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant, and professional services. It also provides conversational and generative artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic tuning. The company has a strategic partnership with Arm Kleidi; and SiMa.ai to advance the capabilities and performance of CaLLM Edge. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.

Industry
Software - Application
Sector
Technology
Phone
857 362 7300
Website
https://www.cerence.com
Address
1500 District Avenue, Burlington, United States

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