Cerence Inc
Company Overview
Cerence Inc. is a global leader in AI-powered virtual assistants and conversational AI solutions specifically designed for the automotive industry. The company develops voice recognition, natural language understanding, and AI technologies that enable human-machine interaction in vehicles. Their solutions are used by major automotive manufacturers worldwide to create more intuitive and safer driving experiences.
The company's core products include embedded and cloud-based voice solutions, conversational AI, and automotive-grade speech recognition technologies. These solutions help create more intuitive and safer driving experiences by allowing drivers to control various vehicle functions through voice commands.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $54.8m | $77.14m | - | $3.1m | 0.00% | 4.02% |
| June 30, 2024 | $70.54m | $428.55m | - | $3.1m | 0.00% | 0.72% |
| March 31, 2024 | $67.83m | $335.32m | - | $3.11m | 0.00% | 0.93% |
Company Impact
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