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Cerence Inc. (CRNC) stock declined over -9.83%, trading at $6.88 on NASDAQ, down from the previous close of $7.63. The stock opened at $7.17, fluctuating between $6.30 and $7.29 in the recent session.
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.
Employees | 1400 |
Beta | 2.87 |
Sales or Revenue | $331.50M |
5Y Sales Change% | -0.038% |
Fiscal Year Ends | September |
Sector | Technology |
Industry | Software - Application |
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