Name | Value |
---|---|
Revenues | 138.3M |
Cost of Revenue | 26.3M |
Gross Profit | 112.0M |
Operating Expense | 52.7M |
Operating I/L | 58.6M |
Other Income/Expense | -0.4M |
Interest Income | 1.4M |
Pretax | 58.2M |
Income Tax Expense | 34.3M |
Net Income/Loss | 23.9M |
Cerence Inc. is a global provider of AI-powered virtual assistants for the mobility and transportation industry. The company offers edge software components, cloud-connected components, and related toolkits and applications, as well as virtual assistant coexistence and professional services. Their conversational artificial intelligence-based solutions encompass speech recognition, natural language understanding, speech signal enhancement, text-to-speech, and acoustic modeling technology, catering to the needs of the transportation market worldwide.