Cerence Inc. (CRNC)
NASDAQ: CRNC · Real-Time Price · USD
11.27
-0.06 (-0.48%)
Mar 3, 2025, 12:15 PM EST - Market open

Cerence Revenue by Segment

Period Ending Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
License
126.65M 124.75M 142.51M 125.29M 120.57M 145.16M 121.05M 141.67M
License Growth
5.05% -14.06% 17.72% -11.56% -23.29% -8.48% -36.63% -27.18%
Professional Services
67.09M 73.31M 74.43M 75.12M 75.09M 74.25M 76.80M 82.16M
Professional Services Growth
-10.66% -1.25% -3.09% -8.56% -10.76% -11.31% -8.28% 5.78%
Connected Services
50.33M 133.44M 140.52M 148.17M 153.50M 75.07M 74.00M 75.41M
Connected Services Growth
-67.21% 77.76% 89.90% 96.49% 102.49% -12.27% -20.48% -27.04%

Gross Profit by Segment

Period Ending Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020
License
120.41M 118.69M 135.35M 117.59M 112.05M 136.64M 113.88M 136.26M
License Growth
7.46% -13.14% 18.85% -13.70% -27.04% -12.36% -39.59% -28.95%
Connected Services
26.54M 108.66M 117.37M 125.17M 129.74M 52.08M 49.83M 51.40M
Connected Services Growth
-79.55% 108.65% 135.56% 143.50% 148.23% -17.14% -29.35% -35.83%
Professional Services
18.40M 17.03M 14.60M 14.96M 12.46M 11.01M 12.05M 12.16M
Professional Services Growth
47.69% 54.65% 21.23% 23.01% -6.72% -26.31% -27.58% -11.61%
Amortization of Intangibles
- - - - -414.00K -414.00K -415.00K -415.00K

Gross Margin by Segment

Period Ending Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021
License
95.07% 95.14% 94.98% 93.85% 92.94% 94.13% 94.08% 96.18%
Connected Services
52.72% 81.43% 83.52% 84.48% 84.52% 69.37% 67.33% 68.17%
Professional Services
27.42% 23.23% 19.62% 19.91% 16.59% 14.83% 15.68% 14.80%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.