Cerence Inc Stock Price, News & Analysis

Cerence Inc. (NASDAQ: CRNC), a leader in conversational AI-powered user experiences, has announced its participation in two upcoming investor conferences. The company's CFO, Tony Rodriquez, will participate in:

• A fireside chat at the TD Cowen 53rd Annual Technology, Media and Telecom Conference on May 29, 2025, at 10:50 a.m. ET
• A fireside chat at the Evercore ISI Global Automotive OEM, Dealer & Supplier Conference on June 10, 2025, at 12:30 p.m. ET

Live webcasts will be available on www.cerence.ai under the "Investors" section, with replays accessible for 90 days after the events.

Cerence Inc. (NASDAQ: CRNC) reported strong Q2 FY2025 results, with revenue of $78M exceeding guidance. The company achieved its fourth consecutive quarter of positive free cash flow at $13.1M. Key highlights include a GAAP net income of $21.7M and adjusted EBITDA of $29.5M. Cerence maintains 51% penetration of worldwide auto production and saw a 10% increase in connected cars shipped. For Q3 FY2025, revenue is projected at $52-56M with adjusted EBITDA of $1-4M. The company reiterated full-year revenue guidance while raising profitability and cash flow outlook, with free cash flow expected between $25-35M. Cerence's next-gen platform, xUI, continues to gain momentum with automakers for both new and existing vehicle systems.

Cerence AI (NASDAQ: CRNC) has filed a copyright infringement and breach of contract lawsuit against Microsoft and Nuance Communications in the U.S. District Court for the District of Delaware. The lawsuit specifically targets Cerence's text-to-speech technology, which is a core component of their product portfolio used in automotive and transportation OEM partnerships. Jennifer Salinas, Chief Administrative Officer & General Counsel, emphasized the company's commitment to protecting their intellectual property rights as they expand beyond the automotive sector. The legal action aims to defend Cerence's investments and legacy of innovation in the field.

Cerence AI (NASDAQ: CRNC) has expanded its partnership with Code Factory to launch VoiceTopping, a new conversational AI solution for self-service kiosks. The technology integrates embedded voice interaction capabilities into existing kiosks, enabling natural spoken communication with users across various industries including restaurants, retail, healthcare, transportation, banking, and entertainment.

VoiceTopping leverages Cerence's core voice technologies and speech signal enhancement to facilitate user-friendly interactions even in noisy environments. The plug-and-play solution offers touchless operation and enhanced accessibility, aligning with global requirements like the European Accessibility Act (EAA). The system allows users to navigate menus, place orders, and complete transactions using voice commands, marking Cerence's strategic expansion beyond its traditional automotive market.

Cerence Inc. (NASDAQ: CRNC) has announced a strategic partnership with MediaTek and expanded collaboration with NVIDIA to enhance CaLLM™ Edge, their embedded small language model for automotive experiences. The partnership, unveiled at Auto Shanghai 2025, introduces multi-modal capabilities powered by NVIDIA AI Enterprise software.

The collaboration integrates MediaTek's Dimensity Auto Cockpit chipsets with NVIDIA's GPU, AI, and graphics technologies. Key innovations include enhanced in-car intelligence for contextual awareness, exterior environment recognition, and smart guardrailing features optimized for NVIDIA DRIVE AGX. The system enables real-time processing at the edge, reducing cloud bandwidth requirements and costs for OEMs while creating new subscription-based revenue opportunities.

The solution will be demonstrated at Auto Shanghai, showcasing Cerence xUI running on NVIDIA DRIVE AGX in a production-ready automotive reference design that enables personalized interaction for both drivers and passengers.

Cerence Inc. (NASDAQ: CRNC) will showcase its agentic AI assistant platform, Cerence xUI, for the first time at Auto Shanghai 2025. The demonstration will be conducted in partnership with Great Wall Motor (GWM) and TCL, featuring both English and Mandarin capabilities.

The platform will be demonstrated in a GWM vehicle and TCL's driving simulator, highlighting key features including:

• Multi-Modal SLM with CaLLM Edge™ for enhanced in-car interactions
• Integrated Model Architecture utilizing CaLLM™ family of language models
• Dual- and Multi-Seat Interaction with multi-screen synchronization
• Smart Home Integration with TCL's ecosystem

The showcase represents a significant milestone in Cerence's AI development, demonstrating the company's commitment to advancing intelligent cockpit experiences through partnerships with major automotive and technology companies.

Cerence Inc. (NASDAQ: CRNC), a pioneer in conversational AI-powered user experiences, has scheduled its fiscal second quarter financial results announcement for May 7, 2025, at 4:05 PM ET. The results will cover the quarter ended March 31, 2025.

The company will host a conference call and webcast with supplementary slides at 5:00 PM ET on the same day to discuss the quarterly performance. Investors and analysts can participate in the audio conference call by registering through the provided link. The webcast will be accessible through the Investor section of Cerence's website.

Cerence Inc. (NASDAQ: CRNC) has been awarded the Best Technology Award by HARMAN at their Supplier Awards event in Budapest. The recognition highlights their collaboration on automotive AI innovations, particularly the integration of Cerence AI's voice assistant with HARMAN's new 'Luna' avatar powered by Ready Engage, showcased at CES 2025.

The partnership has resulted in significant developments, including the integration of Cerence AI's CaLLM™ Edge SLM into HARMAN's Ready Upgrade, facilitating third-party app development for in-car applications while maintaining data security. The system offers personalized AI-powered interactions through voice and visuals, demonstrating both companies' commitment to advancing automotive technology.

Cerence Inc. (NASDAQ: CRNC) has received the Best Contribution Award at the 2025 ECARX Partnership Conference for the second consecutive year. The award recognizes Cerence's role as a trusted partner in delivering AI-driven solutions to ECARX and its OEM customers.

The partnership, established since ECARX's founding in 2017, has focused on implementing innovative Audio AI solutions and multilingual support across Geely brands. Their collaboration has resulted in AI-powered voice assistants for various vehicle brands including Proton, Smart, Lotus, and Lynk & Co. Recently, ECARX integrated Cerence's generative AI solutions to enhance smart driver experiences.

A notable achievement includes the implementation of Cerence AI's language capabilities in the ECARX Antora 1000 platform, featured in Hongqi 007/009 models, offering English speech recognition and text-to-speech functionality in 17 languages to support global market expansion.