Cerence Signs Largest Contract in Its History for Voice- and AI-based Automotive Assistants
Cerence Inc. (CRNC)
Last cerence inc. earnings: 2/11 07:00 am
Check Earnings Report
Company Research
Source: GlobeNewswire
BURLINGTON, Mass., March 04, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced it has signed the largest contract in its history. In fiscal Q2 2020, Cerence signed a global contract with a valuation of $125 million with a large European car manufacturer for its industry-leading voice- and AI-based automotive assistants. This contract is significant for the company both in its size and as a validation of OEM partnerships for integrated, branded and differentiated voice assistants and technologies. “This is a tremendous milestone for Cerence and further evidence of strong momentum in our business,” said Sanjay Dhawan, CEO of Cerence Inc. “We are proud and grateful for the continued trust that our automotive customers have placed in the Cerence team and our products as we create a safer, more enjoyable journey for everyone.” About Cerence Inc.Cerence (NASDAQ: CRNC) is the global industry leader in creating unique, moving experiences fo
Show less
Read more
Impact Snapshot
Event Time:
CRNC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CRNC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CRNC alerts
High impacting Cerence Inc. news events
Weekly update
A roundup of the hottest topics
CRNC
News
- Cerence Full Year 2024 Earnings: Revenues Beat Expectations, EPS In Line [Yahoo! Finance]Yahoo! Finance
- Cerence Inc (CRNC) Q4 2024 Earnings Call Highlights: Surpassing Expectations Amidst Challenges [Yahoo! Finance]Yahoo! Finance
- Cerence Inc. (CRNC) Q4 2024 Earnings Call Transcript Nov. 21, 2024 11:52 AM ET [Seeking Alpha]Seeking Alpha
- Tuya Stock Plunges 32% Year to Date: Should You Buy the Dip? [Yahoo! Finance]Yahoo! Finance
- Cerence Announces Fourth Quarter and Fiscal Year 2024 Results [Yahoo! Finance]Yahoo! Finance
CRNC
Earnings
- 11/21/24 - Beat
CRNC
Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form SC
- 11/4/24 - Form 4
- CRNC's page on the SEC website