Cerence Inc.

Cerence Inc.

$13.74
-0.78 (-5.37%)
NASDAQ Global Select
USD, US
Software - Application

CRNC Price Chart

Basic
Market Cap$616.88M
Price$13.74
52 Week Range2.34-27.5
Beta2.36
Margins
Gross Profit Margin67.52%
Operating Profit Margin-163.40%
Net Profit Margin-260.68%
Valuation (TTM)
P/E Ratio-0.93
Price to Sales Ratio2.43
Price to Book Ratio4.88
PEG Ratio-0.01

Industry

Software - Application

Sector

Technology

Full-Time Employees

1,700

IPO Date

2019-09-16T00:00:00.000Z

Description

Cerence Inc. provides AI powered virtual assistants for the mobility/transportation market worldwide. The company offers edge software components; cloud-connected components and related toolkits and applications; and 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.

Phone

857 362 7300

Address

15 Wayside Road, Burlington, MA, 01803, US

CIK

0001768267