Cerence and e.solutions Team to Build Automotive Cockpit of the Future
Companies advance long-standing track record of innovation in automotive infotainment BURLINGTON, Mass. , June 25, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that it has partnered with e.solutions GmbH, a joint venture between Audi Electronics
Cerence Announces the Successful Completion of Its Debt Refinancing
BURLINGTON, Mass. , June 15, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that the Company has successfully completed the refinancing of its senior secured term loan B and revolving credit facility through a combination of proceeds from the recent
Cerence Studio Puts Custom Voice-Driven AI Innovations into the Hands of Developers Around the World
Enhanced developer platform provides the tools and services to put OEMs and third-party developers in the driver’s seat for creating unique user experiences BURLINGTON, Mass. , June 10, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced its enhanced
Cerence Powers New Level of Conversational AI and Natural Voice Recognition in Ford SYNC 4
Cerence and Ford Extend Long-Term Relationship to Create Cutting-Edge Mobility Experiences BURLINGTON, Mass. , June 02, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Ford Motor Company has selected the company’s Cerence Drive products to bring
Cerence Inc. Prices Offering of $150 Million 3.00% Convertible Senior Notes due 2025
BURLINGTON, Mass. , May 29, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today the pricing of $150.0 million aggregate principal amount of 3.00% convertible senior notes due 2025 (the “notes”) in a private offering (the “offering”) only to persons
Cerence Inc. Announces Proposed Offering of $150 Million Convertible Senior Notes
BURLINGTON, Mass. , May 27, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, announced today that it intends to offer, subject to market conditions and other factors, $150.0 million aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a
Cerence Continues Long-Term Partnership with Audi to Deliver Conversational AI for the Automaker’s Next-Generation Voice Assistant
Enhanced Natural Language Understanding and Text-to-Speech Bring More Emotive, Human Voice to the In-Car Assistant for Select Audi Models BURLINGTON, Mass. , May 20, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that its Cerence Drive platform will
Cerence Launches Cerence ARK Assistant—a Turnkey Automotive Voice Assistant—in U.S. English
New product allows automakers to quickly deploy in-vehicle voice assistants to meet growing consumer demand BURLINGTON, Mass. , May 12, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today introduced Cerence ARK Assistant , a new turnkey automotive voice assistant
Cerence Announces Second Quarter 2020 Results
Second Quarter Highlights First-half of fiscal year bookings reach a record of $533M exceeding FY2019 full year bookings Record quarterly GAAP revenue at $86.5M increased approximately 23% year over year Strong financial performance with GAAP EPS of $0.33 and non-GAAP EPS of $0.43 Adjusted EBITDA
