Welcome to our dedicated page for Cerence news (Ticker: CRNC), a resource for investors and traders seeking the latest updates and insights on Cerence stock.
Cerence Inc (NASDAQ: CRNC) delivers cutting-edge AI solutions for next-generation vehicles, specializing in voice interaction and connected mobility systems. This news hub provides investors and industry professionals with timely updates on the company’s product innovations, strategic developments, and market positioning.
Access curated press releases and analysis covering CRNC’s advancements in automotive-grade AI, including earnings announcements, technology partnerships, and product launches. Stay informed about developments in conversational interfaces, cloud-connected services, and embedded systems designed for global automakers.
Key updates include executive insights, OEM collaboration milestones, and advancements in generative AI applications for safer, more intuitive driving experiences. Content is organized to help users track CRNC’s role in shaping voice-enabled mobility ecosystems across passenger vehicles and two-wheelers.
Bookmark this page for streamlined access to verified Cerence news, ensuring you stay ahead in understanding how AI-driven automotive technologies evolve. Regularly updated to reflect the company’s latest contributions to intelligent transportation solutions.
Cerence Inc. (NASDAQ: CRNC) has partnered with Micware, Co., Ltd. to enhance voice-powered assistant experiences for two-wheeler vehicles in Japan. Utilizing Cerence's two-wheeler mobility platform, the collaboration aims to integrate voice commands through helmet systems and digital speedometers. With the growing demand for e-bikes, this partnership seeks to offer safety and comfort through intelligent voice interfaces. The global connected two-wheeler market is expected to expand, providing a unique opportunity for both companies to innovate in this sector.
Cerence reported strong results for FY21, with revenue reaching $387.2M, a 17% increase compared to the previous year. The company achieved bookings of $590M, increasing its backlog to approximately $2B. Notable achievements included securing VinFast as a major customer and winning an Automotive News PACE Award for Cerence Pay. The GAAP operating margin was 15.7%, with net income of $45.9M. Despite industry challenges, Cerence expects continued growth, forecasting FY22 revenue between $400M and $425M, reflecting a 7% increase.
Cerence Inc. (NASDAQ: CRNC) has been awarded Software Supplier of the Year at the Informa Tech Automotive Awards for its outstanding performance in 2020. This recognition highlights Cerence's innovative AI-powered products and their successful integration into vehicles by leading automakers. The award reflects Cerence’s commitment to innovation and its impact on the automotive industry. CEO Sanjay Dhawan emphasized the company’s leadership in voice recognition and the development of user experiences that will shape future in-car technologies.
Cerence (NASDAQ: CRNC) will announce its fourth quarter and full fiscal year 2021 financial results on November 22, 2021 at 7:00 a.m. EST. The announcement will be followed by a live conference call at 10:00 a.m. EST, where investors and analysts can participate by dialing in. The conference will be accessible via webcast on the company's website. A teleconference replay will be available until November 29, 2021. Cerence is known for its innovations in mobility, having shipped nearly 400 million cars equipped with its technology.
Cerence Inc. (NASDAQ: CRNC) announced its participation in the Gabelli 45th Annual Automotive Symposium on November 2, 2021, at 5:00 PM ET. The event will feature a fireside chat with CEO Sanjay Dhawan and CFO Mark Gallenberger. Investors can access the webcast through the Company’s website under the 'Events' section. A replay of the presentation will also be available on the site. Cerence is a leader in creating advanced mobility solutions, having shipped nearly 400 million cars equipped with its technology.
Cerence Inc. (NASDAQ: CRNC) announced its partnership with VinFast, Vietnam's premier electric vehicle manufacturer, to integrate conversational AI into its smart EVs. This technology enables voice-activated access to essential in-car functions such as navigation, media, and climate controls, enhancing the user experience. The AI assistant can communicate in six languages, allowing for interactive, natural language conversations. Cerence's solutions aim to provide a seamless driver experience as VinFast expands its global footprint in the electric vehicle market.
Cerence Inc. (NASDAQ: CRNC) announced its ongoing collaboration with Audi to enhance the in-car assistant platform for the new Audi e-tron GT and Q4 e-tron. This partnership emphasizes voice-powered access to crucial features such as navigation and media control, showcasing the growing importance of the in-car experience in next-gen electric vehicles. The voice assistant, activated by "Hey, Audi," utilizes advanced speech recognition and natural language processing to facilitate a more intuitive interaction. Cerence aims to redefine electric mobility experiences through this innovative technology.
