Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. United States
  4. Nasdaq
  5. Cerence Inc.
  6. Company
    CRNC   US1567271093

CERENCE INC.

(CRNC)
  Report
Delayed Nasdaq  -  04:00:01 2023-01-30 pm EST
24.40 USD   -2.24%
01/26Cerence to Announce Fiscal First Quarter Results on February 8, 2023
AQ
01/12Cerence Inc. : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K)
AQ
01/09Eyeing Continued Global Expansion, BYD Selects Cerence to Power Conversational AI Across its EV Lineup
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
Business Summary
Logo Cerence Inc.
Cerence Inc. is a provider of artificial intelligence (AI)-powered assistants for connected and autonomous vehicles. The Company is primarily engaged in selling software licenses and cloud-connected services. Its software platform is used to build virtual assistants that can communicate, find information and take action across an expanding variety of categories. Its software platform has a hybrid architecture combining software components with cloud-connected components. Edge software components are installed on a vehicle head unit and can operate without access to external networks and information. Its cloud-connected components include various speech and natural language understanding-related technologies, AI-enabled personalization and context-based response frameworks, and a content integration platform. It delivers its solutions on a white-label basis, enabling its customers to deliver customized virtual assistants with branded personalities.

Number of employees : 1 700 people.
Sales per Business
20212022Delta
License202.1852.2%158.6148.4% -21.55%
Connected Services109.5328.3%85.5726.1% -21.88%
Professional Services75.4719.5%83.7125.5% +10.93%
USD in Million
Sales per region
20212022Delta
United States135.0334.9%100.5630.7% -25.53%
Germany114.9429.7%74.5522.7% -35.14%
Japan62.8416.2%74.4822.7% +18.52%
Other Asia-Pacific44.2311.4%62.6219.1% +41.56%
Other Europe, Middle East and Africa29.967.7%15.584.8% -48.01%
Other Americas0.18-0.10- -43.43%
USD in Million
Managers
Name Title Age Since
Stefan Ortmanns, Dr. Chief Executive Officer & Director 58 -
Thomas L. Beaudoin Chief Financial Officer, Director & Executive VP 68 2022
Prateek Kathpal Chief Technology Officer - 2019
Bridget Collins Chief Transformation & Information Officer - -
Udo Haiber Senior Vice President-Research & Development - -
Richard Yerganian Senior Vice President-Investor Relations - -
Richard Mack Chief Marketing & Communications Officer - 2019
Nils Schanz Chief Product Officer - 2022
Bob Ligon Chief Revenue Officer - 2022
Jennifer Trusso Salinas Senior Vice President & General Counsel - 2022
Members of the board
Name Title Age Since
Arun Sarin Chairman 67 2019
Marianne Budnik Independent Director 53 2019
Sanjay K. Jha, Dr. Independent Director 58 2019
Kristi Ann Matus Independent Director 54 2019
Alfred A. Nietzel Independent Director 60 2019
Douglas L. Davis Independent Director 60 2022
Thomas L. Beaudoin Chief Financial Officer, Director & Executive VP 68 2022
Stefan Ortmanns, Dr. Chief Executive Officer & Director 58 -
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 40,017,601 39,216,762 98.0% 0 0.0% 98.0%
Shareholders
NameEquities%
The Vanguard Group, Inc. 4,444,974 11.1%
Franklin Advisers, Inc. 1,574,695 3.94%
SSgA Funds Management, Inc. 1,445,907 3.62%
Vulcan Value Partners LLC 1,278,482 3.20%
Cooper Creek Partners Management LLC 1,254,762 3.14%
Van Berkom & Associates, Inc. 1,164,259 2.91%
Champlain Investment Partners LLC 1,130,570 2.83%
BlackRock Fund Advisors 1,013,429 2.54%
Select Equity Group LP 960,149 2.40%
RGM Capital LLC 805,597 2.02%
Brand Portfolio
In partnership withAllbrands.markets
More brands of Cerence Inc.
Sector Other Software