Cerence Inc

NASDAQ CRNC

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Cerence Inc Operating Income Margin for the year ending September 30, 2023: -9.24%

Cerence Inc Operating Income Margin is -9.24% for the year ending September 30, 2023, a -179.02% change year over year. Operating Income Margin indicates the percentage of revenue that represents operating income, showing the profitability of a company's core operations.

Cerence Inc Operating Income Margin for the year ending September 30, 2022 was 11.69%, a -25.31% change year over year.
Cerence Inc Operating Income Margin for the year ending September 30, 2021 was 15.65%, a 247.78% change year over year.
Cerence Inc Operating Income Margin for the year ending September 30, 2020 was 4.50%, a -78.70% change year over year.
Cerence Inc Operating Income Margin for the year ending September 30, 2019 was 21.13%, a 58.80% 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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