Cerence Inc (NAS:CRNC)
$ 3.04 0.03 (1%) Market Cap: 127.00 Mil Enterprise Value: 308.31 Mil PE Ratio: 0 PB Ratio: 0.27 GF Score: 59/100
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Cerence Inc at Wells Fargo Industrials Conference Transcript

Jun 14, 2023 / 08:40PM GMT
Release Date Price: $32.16 (-1.29%)
Unidentified Participant

Let's kick off the next session with Cerence. For those of you who aren't that familiar with Cerence, it's one of the leaders in sort of voice recognition in the vehicle. We have an overweight rating on the stock, one of our few over rates, as you probably know that I'm fairly cautious on the auto sector. I think there's a very good sort of secular growth story in their space.

So that (technical difficulty) great to have today, Rich Yerganian, IR; as well as CFO, Tom Beaudoin. Thanks for joining us.

Tom Beaudoin
Cerence Inc. - CFO

Thanks for having us.

Questions & Answers

Unidentified Participant

Why don't we just kick it off with what are the secular drivers that we should be thinking about for your business over the next five years between connected and more voice-enabled surfaces?

Tom Beaudoin
Cerence Inc. - CFO

Yeah, I think overall, there's a big trend in the auto industry to really enhance that in-cabin experience of the drivers and the

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