Cerence Inc

NASDAQ CRNC

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Cerence Inc Dividend Payout Ratio 2 year CAGR for the Trailing 12 Months (TTM) ending September 30, 2023

Cerence Inc Dividend Payout Ratio 2 year CAGR is NA for the Trailing 12 Months (TTM) ending September 30, 2023. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Cerence Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was -1.18%, a -102.26% change year over year.
Cerence Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 52.29%, a -90.68% change year over year.
Cerence Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 561.02%, a -70.10% change year over year.
Cerence Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 1,876.10%, a 0.00% 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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