Name | Value |
---|---|
Revenues | 70.5M |
Cost of Revenue | 20.1M |
Gross Profit | 50.4M |
Operating Expense | 405.3M |
Operating I/L | -354.9M |
Other Income/Expense | -1.2M |
Interest Income | 1.3M |
Pretax | -356.1M |
Income Tax Expense | -42.6M |
Net Income/Loss | -313.5M |
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.