Cerence Inc

NASDAQ CRNC

Data sourced from

and

Download Data

Cerence Inc Capital Expenditures for the year ending September 30, 2023: USD -5.12 M

Cerence Inc Capital Expenditures is USD -5.12 M for the year ending September 30, 2023, a 70.63% 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 year ending September 30, 2022 was USD -17.45 M, a -44.82% change year over year.
Cerence Inc Capital Expenditures for the year ending September 30, 2021 was USD -12.05 M, a 36.63% change year over year.
Cerence Inc Capital Expenditures for the year ending September 30, 2020 was USD -19.01 M, a -320.90% change year over year.
Cerence Inc Capital Expenditures for the year ending September 30, 2019 was USD -4.52 M, a 30.61% 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.

Key trends