Cerence Inc. provides AI-powered assistants for the mobility/transportation market in the United States, the rest of the Americas, Germany, the rest of Europe, the Middle East, Africa, Japan, and the rest of the Asia-Pacific. The company offers edge software components, cloud-connected components, virtual assistant, and professional services. It also provides conversational and generative artificial intelligence-based solutions, including speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic tuning. The company has a strategic partnership with Arm Kleidi; and SiMa.ai to advance the capabilities and performance of CaLLM Edge. Cerence Inc. was incorporated in 2020 and is headquartered in Burlington, Massachusetts.
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5 years, 4 months ago
Cerence Inc is currently in a long term uptrend where the price is trading 19.9% above its 200 day moving average.
From a valuation standpoint, the stock is 58.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 10.4.
Cerence Inc's total revenue rose by 22.6% to $95M since the same quarter in the previous year.
Its net income has increased by 284.0% to $22M since the same quarter in the previous year.
Finally, its free cash flow grew by 44.4% to $8M since the same quarter in the previous year.
Based on the above factors, Cerence Inc gets an overall score of 5/5.