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CRNC does not currently pay a dividend.
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Cerence Inc. specializes in developing and providing AI-driven virtual assistants tailored for the global mobility and transportation industry. The company's diverse portfolio includes both embedded (edge) software components and cloud-based solutions, along with relevant development toolkits, applications, and professional services to facilitate virtual assistant coexistence. These offerings are powered by sophisticated conversational artificial intelligence technologies, encompassing capabilities such as advanced speech recognition, natural language understanding, speech signal enhancement…
BURLINGTON, Mass., Aug. 26, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI” or “the Company”), a global leader pioneering conversational AI-powered user experiences, today announced that, in light of its current cash position and outlook for future cash generation, the Company entered into privately negotiated transactions with certain holders of its 1.50% Convertible Senior Notes Due 2028 (the “Notes”), pursuant to which the Company agreed to repurchase $10 million aggregate principal amount of the Notes from such holders at a cash repurchase price equal to 92.75% of their principal amount, together with the accrued and unpaid interest thereon to (but not including) the settlement date.
SoundHound AI, Inc. SOUN and Cerence Inc. CRNC are prominent players in conversational and voice artificial intelligence. SoundHound is building a diversified voice and agentic AI platform spanning enterprises, restaurants, automotive, healthcare and other industries, while Cerence remains deeply rooted in automotive AI and is expanding its next-generation technology into adjacent markets.
Cerence Inc. (CRNC) Q3 2026 Earnings Call Transcript
Cerence (CRNC) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.09 per share a year ago.
BURLINGTON, Mass., July 27, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global leader pioneering conversational AI-powered user experiences, will announce its third quarter financial results for the quarter ended June 30, 2026, on Thursday, August 6, 2026, at 4:05pm Eastern Time / 1:05pm Pacific Time.