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
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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
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News
- Cerence Stock Rises 151% in a Month: Is There More Room to Run? [Yahoo! Finance]Yahoo! Finance
- Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4) [Yahoo! Finance]Yahoo! Finance
- Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4)GlobeNewswire
- Cerence AI Names Tony Rodriquez as Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Cerence AI Names Tony Rodriquez as Chief Financial OfficerGlobeNewswire
CRNC
Earnings
- 11/21/24 - Beat
CRNC
Sec Filings
- 12/13/24 - Form PRE
- 12/10/24 - Form 4
- 12/5/24 - Form S-8
- CRNC's page on the SEC website