Cerence Inc

NASDAQ CRNC

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Cerence Inc Capital Expenditures for the quarter ending March 31, 2024: USD -1.84 M

Cerence Inc Capital Expenditures is USD -1.84 M for the quarter ending March 31, 2024, a -32.35% change year over year. Capital Expenditures represent the amount of money spent on acquiring or improving long-term assets, such as property, plant, and equipment.

Cerence Inc Capital Expenditures for the quarter ending March 31, 2023 was USD -1.39 M, a 75.00% change year over year.
Cerence Inc Capital Expenditures for the quarter ending March 31, 2022 was USD -5.58 M, a -98.26% change year over year.
Cerence Inc Capital Expenditures for the quarter ending March 31, 2021 was USD -2.81 M, a 56.96% change year over year.
Cerence Inc Capital Expenditures for the quarter ending March 31, 2020 was USD -6.53 M, a -230.95% change year over year.

NASDAQ: CRNC

Cerence Inc

CEO	Dr. Stefan Ortmanns
IPO Date	Oct. 2, 2019
Location	United States
Headquarters	15 Wayside Road, Burlington, MA, United States, 01803
Employees	1,700
Sector	Technology
Industry	Software - application

Description

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market in United States, Other Americas, Germany, Europe, Middle East, Africa, Japan, and Other Asia-Pacific. The company offers edge software components, cloud-connected components, 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.

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