Cerence Inc

NASDAQ CRNC

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Cerence Inc Gross Profit Margin for the Trailing 12 Months (TTM) ending March 31, 2024: 71.72%

Cerence Inc Gross Profit Margin is 71.72% for the Trailing 12 Months (TTM) ending March 31, 2024, a 9.10% change year over year. Gross Profit Margin represents the percentage of revenue that represents gross profit, indicating the efficiency of a company's production and pricing.

Cerence Inc Gross Profit Margin for the Trailing 12 Months (TTM) ending March 31, 2023 was 65.74%, a -11.45% change year over year.
Cerence Inc Gross Profit Margin for the Trailing 12 Months (TTM) ending March 31, 2022 was 74.24%, a 6.03% change year over year.
Cerence Inc Gross Profit Margin for the Trailing 12 Months (TTM) ending March 31, 2021 was 70.02%, a 3.75% change year over year.
Cerence Inc Gross Profit Margin for the Trailing 12 Months (TTM) ending March 31, 2020 was 67.48%, a 0.07% 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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