CRNC Stock Recent News

On September 30, 2024, Vanguard Group Inc executed a significant transaction involving the shares of Cerence Inc (CRNC, Financial), a key player in the software industry. The firm reduced its holdings by 868,183 shares, resulting in a new total of 3,112,214 shares.

CRNC's shares struggle due to stiff competition in the automotive sector. However, its expanding partner base and client expansion efforts show promise.

Cerence's shares are driven by a growing client base, a strong portfolio, and a robust network of automotive industry partners.

QFIN, RCMT and CRNC made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 28, 2024.

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cerence (CRNC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Cerence Inc. (NASDAQ:CRNC ) Q3 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Richard Yerganian – Senior Vice President, Investor Relations Stefan Ortmanns – Chief Executive Officer Tony Rodriquez – Interim Chief Financial Officer Conference Call Participants Jeff Van Rhee – Craig-Hallum Colin Langan – Wells Fargo Nick Doyle – Needham & Company Luke Junk – Baird Mark Delaney – Goldman Sachs Operator Good day and thank you for standing by. Welcome to the Cerence's Third Quarter 2024 Earnings Call.

Cerence (CRNC) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.04 per share a year ago.

BURLINGTON, Mass., July 30, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its third quarter financial results for the quarter ended June 30, 2024 on Thursday, August 8, 2024 at 7:00 a.m.

Schanz to Assume Chief Technology Officer Responsibilities Company Reaffirms Third Quarter Fiscal 2024 Guidance BURLINGTON, Mass., July 02, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that as part of its ongoing transformation efforts, Chief Product Officer Nils Schanz has been appointed to an expanded leadership role.

BURLINGTON, Mass., June 27, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Audi, part of the Volkswagen Group, will leverage generative AI from Cerence to expand the capabilities of its in-car assistant.