CRNC Stock Recent News
CRNC LATEST HEADLINES
Undoubtedly, 2023 was the year of AI on Wall Street. We saw many AI-related companies absolutely skyrocket last year, with semiconductor firms leading the charge.
Cerence (CRNC), in collaboration with NVIDIA, has developed CaLLM to build its next-generation in-car computing platform.
Cerence (CRNC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Cerence's (CRNC) fiscal fourth-quarter performance benefits from strong revenue performance by Licence and Connected Services segments.
Cerence Inc. (NASDAQ:CRNC ) Q4 2023 Earnings Conference Call November 27, 2023 8:30 AM ET Company Participants Rich Yerganian - SVP, |IR Stefan Ortmanns - Director & CEO Nils Schanz - Chief Product Officer Tom Beaudoin - CFO Conference Call Participants Luke Junk - Baird Colin Langan - Wells Fargo Quinn Bolton - Needham Mark Delaney - Goldman Sachs Jeff Van Rhee - Craig-Hallum Capital Group Chris McNally - Evercore ISI Jeffrey Osborne - TD Cowen Operator Good day, and welcome to the Cerence's Q4 2023 Earnings Call. At this time, all participants are in a listen-only mode.
Cerence (CRNC) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to loss of $0.14 per share a year ago.
BURLINGTON, Mass., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its fourth quarter financial results for the quarter ended September 30, 2023 on Monday, November 27, 2023 at 7:00 a.m.
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.
Cerence offers AI-powered virtual assistants for the mobility and transportation market, with a strong portfolio of automotive customers. The company has demonstrated solid revenue growth, with a strong gross margin and commitment to innovation. The stock is currently undervalued and has outperformed the broader market year-to-date.
While artificial intelligence may be all the rage, investors seeking the top AI stock picks must be more careful now. Of course, you should always apply caution to a promising but wild sector.