Cerence Inc

CRNC

Equity

ISIN null / Valor 49718898

NASDAQ (2025-12-23)

USD 11.30-0.70%

Cerence Inc
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About company

Cerence Inc. is a company that specializes in creating advanced technology solutions for the automotive industry, focusing on enhancing the digital experience within vehicles. Under the leadership of Chief Product Officer Nils Schanz, Cerence has developed a strong portfolio in mobility products, including the digital cabin strategy, which encompasses a range of user interface and experience innovations such as the MBUX (Mercedes-Benz User Experience). This includes highly regarded systems like the MBUX Hyperscreen and the voice assistant "Hey Mercedes," indicating the company's expertise in integrating artificial intelligence and intuitive design into automotive products. With a global operational footprint, Cerence is committed to delivering these cutting-edge technologies to its customers, aiming to redefine the in-car experience. Chief Financial Officer Dan Tempesta, with his extensive background in finance and operations, including a significant tenure at Nuance Communications, plays a crucial role in steering the company towards sustainable growth and operational excellence. Cerence's focus on AI and digital interaction technologies positions it as a key player in the evolving automotive technology landscape, aiming to make vehicles more connected, intuitive, and responsive to user needs.

Summarized from source with an LLMView SourceSector: Technology

Revenue and Profitability

Cerence Inc achieved a revenue of $62.2 million, exceeding the high end of guidance, alongside an Adjusted EBITDA of $9.0 million. This robust performance highlights the company's effective cost management and operational efficiency during Q3 FY2025.

Cash Flow Strength

The company reported net cash provided by operating activities of $23.7 million and free cash flow of $16.1 million, marking a steady trend with five consecutive quarters of positive free cash flow, underlining its strong financial health.

Guidance Upgrades

Based on solid Q3 performance and a positive near-term outlook, Cerence Inc raised and narrowed its full fiscal year guidance. For fiscal 2025, revenue is now anticipated between $244 million and $249 million, with improved expectations for adjusted EBITDA and free cash flow, reinforcing confidence in future performance.

Summarized from source with an LLMView Source

Key figures

44.6%1Y

-39.1%3Y

-89.6%5Y

Performance

132%1Y

109%3Y

95.1%5Y

Volatility