Cerence Inc.

NasdaqGS CRNC

Cerence Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2024: USD -5.00 M

Cerence Inc. Capital Expenditure is USD -5.00 M for the Trailing 12 Months (TTM) ending September 30, 2024, a 2.50% change year over year. Capital expenditure is cash spent on acquiring or maintaining fixed assets, such as property, plants, and equipment (PP&E).

Cerence Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2023 was USD -5.12 M, a 70.63% change year over year.
Cerence Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2022 was USD -17.45 M, a -44.82% change year over year.
Cerence Inc. Capital Expenditure for the Trailing 12 Months (TTM) ending September 30, 2021 was USD -12.05 M.

Key data

Date	Capital Expenditure	Free Cash Flow	Depreciation And Amortization	Deferred Income Tax

NasdaqGS: CRNC

Cerence Inc.

CEO	Mr. Brian Matthew Krzanich
IPO Date	Sept. 16, 2019
Location	United States
Headquarters	15 Wayside Road
Employees	1,700
Sector	Technology
Industries Artificial Intelligence (AI) Autonomous Driving

Description

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and virtual assistant coexistence and professional services. It also provides conversational artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology. Cerence Inc. is headquartered in Burlington, Massachusetts.

Key trends

Past 5 years