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Cerence Inc - CRNC STOCK NEWS

Welcome to our dedicated news page for Cerence (Ticker: CRNC), a resource for investors and traders seeking the latest updates and insights on Cerence.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cerence's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cerence's position in the market.

Rhea-AI Summary
Cerence Inc. to announce its fiscal second quarter results on May 9, 2024. The company will host a live conference call and webcast to discuss the results. Interested investors and analysts can join the conference call or access the webcast through the company's website.
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Foxtron, a subsidiary of Hon Hai Technology Group, collaborates with Cerence Inc. (NASDAQ: CRNC) to introduce voice-powered interaction in their new electric vehicles in Taiwan. The partnership aims to enhance the user experience and support the expansion of Foxtron globally. Cerence Assistant will provide bilingual recognition in Taiwanese Mandarin and English, allowing drivers to control key vehicle features through voice commands. The collaboration signifies a significant step in the advancement of electric vehicle technology and the integration of AI solutions in the automotive industry.
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Cerence Inc. (CRNC) announces early momentum for its CaLLM™ automotive-specific LLM, working with three major global automakers. The solution, powered by NVIDIA technology, aims to revolutionize the in-car computing platform, offering a customizable end-to-end solution for automakers.
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Cerence Inc. grants its new CFO, Daniel Tempesta, equity awards totaling $6 million, comprising time-based and performance-based restricted stock units. The awards vest over several years, contingent on Tempesta's continued service and the company's performance. The grants were given as an inducement for Tempesta's employment.
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Cerence Inc. appoints Daniel Tempesta as new CFO, bringing over 30 years of financial expertise from Nuance Communications. Tempesta aims to drive growth and enhance value for Cerence.
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Cerence Inc. (CRNC) will be presenting at two major investor conferences in March, featuring key executives in fireside chats. The webcasts will be available on the company's website.
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Cerence Inc. (CRNC) reported its first quarter fiscal year 2024 results, with revenue and profitability exceeding guidance, maintaining a leadership position, and securing new business. The company announced AI partnerships with NVIDIA and Microsoft, and key performance indicators show strong growth. However, Q1FY24 revenue includes non-cash revenue associated with the Toyota 'Legacy' contract, and the company provided outlook for the second quarter and full year fiscal 2024.
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Cerence Inc. (CRNC) will announce its first quarter financial results for the quarter ended December 31, 2023 on February 6, 2024. The company will host a live conference call and webcast to discuss the results. Interested investors and analysts can join the audio conference call and access the webcast on the company's website.
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Cerence Inc. (NASDAQ: CRNC) will provide generative AI features for Škoda, a Volkswagen Group brand, launching a new in-car assistant experience leveraging Cerence Chat Pro. The integration will empower drivers and passengers to engage in general knowledge chit-chat beyond Laura’s existing voice-control features. The deployment is set for mid-2024, with a focus on making each journey more intelligent, enjoyable, and safe.
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Cerence Inc. (NASDAQ: CRNC) has announced a collaboration with Great Wall Motor Company (GWM) to power the in-car experience across its lineup as it expands worldwide. GWM will deploy Cerence Assistant and Cerence Speech Signal Enhancement (SSE) in 13 languages across 20 countries in key car models, bringing intuitive, natural interaction to drivers globally. The collaboration aims to fortify GWM’s global strategy, promising a more intelligent and user-centric interactive experience for customers across the globe.
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Cerence Inc

Nasdaq:CRNC

CRNC Rankings

CRNC Stock Data

556.77M
40.68M
1.88%
96.24%
15.09%
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About CRNC

cerence (nasdaq: crnc) is the global industry leader in creating unique, moving experiences for the mobility world. as an innovation partner to the world’s leading automakers and mobility oems, it is helping advance the future of connected mobility through intuitive, powerful interaction between humans and their cars, two-wheelers, and even elevators, connecting consumers’ digital lives to their daily journeys no matter where they are. cerence’s track record is built on more than 20 years of knowledge and more than 450 million cars shipped with cerence technology. whether it’s connected cars, autonomous driving, e-vehicles, or buildings, cerence is mapping the road ahead. for more information, visit www.cerence.com.