• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Cerence AI Names Tony Rodriquez as Chief Financial Officer

    12/3/24 8:00:00 AM ET
    $CRNC
    Computer Software: Prepackaged Software
    Technology
    Get the next $CRNC alert in real time by email

    BURLINGTON, Mass., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global industry leader in AI for transportation, today announced that it has appointed Antonio ("Tony") Rodriquez as its Chief Financial Officer (CFO), effective November 29, 2024. As Cerence AI's CFO, Mr. Rodriquez will be focused on accelerating growth, improving operating results, and driving sustainable, long-term value, leading the Company's finance organization, including accounting, tax, FP&A, treasury, facilities, and procurement.

    Mr. Rodriquez previously served as a partner of CSuite Financial Partners, a financial executive services firm, during which he served as Chief Financial Officer of The Bouqs Company from 2019 to 2023 and as interim Chief Financial Officer of Cerence AI from June 2024 until becoming an employee of Cerence AI on November 29, 2024.

    "Tony has been a strong partner and contributor to the Cerence AI leadership team since joining as interim CFO in June, so he brings a deep understanding of our business to his new, permanent role," said Brian Krzanich, CEO, Cerence AI. "Tony has a proven track record as an accomplished finance executive with experience across a broad range of industries, and I and the Cerence AI leadership team look forward to his continued contributions to our organization."

    "I am honored to join Cerence AI permanently at this exciting time for the company," said Tony Rodriquez. "I've had such a positive experience thus far with the finance organization and the global team at large; I am looking forward to digging in even further and supporting the team as we focus on the next phase of growth for Cerence AI."

    Mr. Rodriquez has more than 25 years of experience as a financial leader managing all aspects of finance and accounting for both public and private global companies, including in the eCommerce, SaaS, advertising media and consumer marketing industries. Prior to joining CSuite Financial Partners, he served as Chief Financial Officer of TouchCommerce Inc. from 2010 to 2018. He began his career at KPMG LLP, where he serviced international public and private companies in the manufacturing, retail, distribution, and technology sectors as an assurance senior manager. Mr. Rodriquez holds a B.S. in business and accounting from California State University, Northridge.

    To learn more about Cerence AI, visit www.cerence.ai, and follow the company on LinkedIn.

    Forward Looking Statements

    Statements in this press release regarding: Cerence's future performance, results and financial condition; expected growth and profitability; outlook; transformation plans and cost efficiency initiatives, including the estimated net annualized cost savings; strategy; opportunities; business, industry and market trends; strategy regarding fixed contracts and its impact on financial results; backlog; revenue visibility; revenue timing and mix; demand for Cerence products; innovation and new product offerings, including AI technology; expected benefits of technology partnerships; and management's future expectations, estimates, assumptions, beliefs, goals, objectives, targets, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "believes," "plans," "goal," "anticipates," "projects," "forecasts," "expects," "intends," "continues," "will," "may," or "estimates" or similar expressions) should also be considered to be forward-looking statements. Although we believe forward-looking statements are based upon reasonable assumptions, such statements involve known and unknown risk, uncertainties and other factors, which may cause actual results or performance of the company to be materially different from any future results or performance expressed or implied by such forward-looking statements including but not limited to: the highly competitive and rapidly changing market in which we operate; adverse conditions in the automotive industry, the related supply chain and semiconductor shortage, or the global economy more generally; automotive production delays; changes in customer forecasts; the impacts of the COVID-19 pandemic on our and our customers' businesses; the ongoing conflicts in Ukraine and the Middle East; our inability to control and successfully manage our expenses and cash position; our inability to deliver improved financial results from process optimization efforts and cost reduction actions; escalating pricing pressures from our customers; the impact on our business of the transition to a lower level of fixed contracts, including the failure to achieve such a transition; our failure to win, renew or implement service contracts; the cancellation or postponement of existing contracts; the loss of business from any of our largest customers; effects of customer defaults; our inability to successfully introduce new products, applications and services; our strategies to increase cloud offerings and deploy generative AI and large language models (LLMs); the inability to expand into adjacent markets; the inability to recruit and retain qualified personnel; disruptions arising from transitions in management personnel, including the transition to our new Chief Executive Officer; cybersecurity and data privacy incidents; fluctuating currency rates and interest rates; inflation; restrictions on our current and future operations under the terms of our debt, the use of cash to service our debt; and our inability to generate sufficient cash from our operations; and the other factors discussed in our most recent Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other filings with the Securities and Exchange Commission. We disclaim any obligation to update any forward-looking statements as a result of developments occurring after the date of this document.

    About Cerence Inc.

    Cerence Inc. (NASDAQ:CRNC) is a global industry leader in creating intuitive, seamless, AI-powered experiences across automotive and transportation. Leveraging decades of innovation and expertise in voice, generative AI, and large language models, Cerence powers integrated experiences that create safer, more connected, and more enjoyable journeys for drivers and passengers alike. With more than 500 million cars shipped with Cerence technology, the company partners with leading automakers, transportation OEMs, and technology companies to advance the next generation of user experiences. Cerence is headquartered in Burlington, Massachusetts, with operations globally and a worldwide team dedicated to pushing the boundaries of AI innovation. For more information, visit www.cerence.ai.

    Contact Information

    Kate Hickman | Tel: 339-215-4583 | Email: [email protected]

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/613b9105-a83a-4ff0-a0a1-ae5233103bf7



    Primary Logo

    Get the next $CRNC alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Q&A

    New
    • Who has been appointed as the Chief Financial Officer of Cerence AI?

      Antonio ('Tony') Rodriquez was appointed as the Chief Financial Officer of Cerence AI effective November 29, 2024, succeeding his role as interim CFO since June 2024.

    • What roles did Tony Rodriquez hold before joining Cerence AI?

      Prior to joining Cerence AI as CFO, Tony Rodriquez served as a partner at CSuite Financial Partners and was CFO for The Bouqs Company from 2019 to 2023.

    • What did the CEO of Cerence AI say about Tony Rodriquez's appointment?

      Brian Krzanich, CEO of Cerence AI, expressed confidence in Tony Rodriquez's leadership due to his strong contributions and deep understanding of the business.

    • What is the educational background and experience of Tony Rodriquez?

      Tony Rodriquez holds a B.S. in business and accounting from California State University, Northridge, and has over 25 years of experience in finance, including roles in multiple industries such as eCommerce and SaaS.

    • What are Cerence AI's goals with the appointment of Tony Rodriquez as CFO?

      The announcement highlights Cerence's commitment to accelerating growth and enhancing financial performance under the guidance of their new CFO.

    Recent Analyst Ratings for
    $CRNC

    DatePrice TargetRatingAnalyst
    3/7/2025$11.50Hold
    TD Cowen
    1/22/2025$16.00Hold → Buy
    Needham
    5/10/2024$25.00 → $6.50Overweight → Equal Weight
    Wells Fargo
    5/7/2024Hold
    Needham
    2/7/2024$22.00Buy → Hold
    Craig Hallum
    2/9/2023$24.00 → $40.00Hold → Buy
    Craig Hallum
    8/10/2022$45.00 → $24.00Buy → Hold
    Craig Hallum
    8/10/2022Outperform → Mkt Perform
    Raymond James
    More analyst ratings

    $CRNC
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Cerence AI Partners with Arm to Deliver Enhanced LLM Capabilities at the Edge

      BURLINGTON, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today announced a strategic partnership with Arm in which Cerence AI will leverage Arm's comprehensive software library, Arm® Kleidi™, to advance the capabilities and performance of CaLLM™ Edge, its embedded small language model (SLM). As automakers race to bring AI-powered capabilities to their drivers, they are faced with several challenges, including building enough compute to handle the needs of intensive workloads like large language models (LLMs). Automakers and their partners need easy ways to optimize CPU performanc

      5/28/25 11:00:00 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Cerence to Participate in Two Upcoming Investor Conferences

      BURLINGTON, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today announced that the company will participate in two upcoming investor conferences. On Thursday, May 29, 2025, at 10:50 a.m. ET, Tony Rodriquez, the Company's CFO, will participate in a fireside chat at the TD Cowen 53rd Annual Technology, Media and Telecom Conference. On Tuesday, June 10, 2025, at 12:30 p.m. ET, Mr. Rodriquez will participate in a fireside chat at the Evercore ISI Global Automotive OEM, Dealer & Supplier Conference. Live webcasts of the events will be available on the Company's website at www.cerence.a

      5/15/25 8:00:00 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Cerence Announces Second Quarter Fiscal 2025 Results; Revenue and Profitability Exceed High End of Guidance

      Headlines Revenue of $78M; free cash flow of $13.1M marks fourth consecutive positive quarterCompany reiterates full-year guidance for revenue and raises full-year guidance for profitability and cash flowContinued innovation and customer momentum for Cerence xUI, the company's next-gen platform BURLINGTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today reported its second quarter fiscal year 2025 results for the quarter ended March 31, 2025. Results Summary (1,2)(in millions, except per share data)   Three Months Ended  Six Months Ended   March 31,  March 31,   2025  2024  20

      5/7/25 4:05:00 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology

    $CRNC
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • TD Cowen resumed coverage on Cerence with a new price target

      TD Cowen resumed coverage of Cerence with a rating of Hold and set a new price target of $11.50

      3/7/25 7:22:10 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Cerence upgraded by Needham with a new price target

      Needham upgraded Cerence from Hold to Buy and set a new price target of $16.00

      1/22/25 7:32:52 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Cerence downgraded by Wells Fargo with a new price target

      Wells Fargo downgraded Cerence from Overweight to Equal Weight and set a new price target of $6.50 from $25.00 previously

      5/10/24 7:32:27 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology

    $CRNC
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Harris Marion was granted 14,210 shares (SEC Form 4)

      4 - Cerence Inc. (0001768267) (Issuer)

      4/2/25 5:42:50 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • New insider Harris Marion claimed no ownership of stock in the company (SEC Form 3)

      3 - Cerence Inc. (0001768267) (Issuer)

      4/2/25 5:35:40 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • EVP, Chief Revenue Officer Mentz Christian sold $53,028 worth of shares (3,600 units at $14.73), decreasing direct ownership by 2% to 142,747 units (SEC Form 4)

      4 - Cerence Inc. (0001768267) (Issuer)

      2/25/25 6:09:53 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology

    $CRNC
    SEC Filings

    See more
    • Amendment: SEC Form SCHEDULE 13G/A filed by Cerence Inc.

      SCHEDULE 13G/A - Cerence Inc. (0001768267) (Subject)

      5/15/25 9:31:16 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 144 filed by Cerence Inc.

      144 - Cerence Inc. (0001768267) (Subject)

      5/9/25 4:25:05 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • SEC Form 144 filed by Cerence Inc.

      144 - Cerence Inc. (0001768267) (Subject)

      5/8/25 4:25:50 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology

    $CRNC
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Cerence Inc.

      SC 13G/A - Cerence Inc. (0001768267) (Subject)

      11/14/24 12:05:49 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SC 13G/A filed by Cerence Inc.

      SC 13G/A - Cerence Inc. (0001768267) (Subject)

      10/25/24 9:49:33 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Amendment: SEC Form SC 13G/A filed by Cerence Inc.

      SC 13G/A - Cerence Inc. (0001768267) (Subject)

      10/4/24 1:56:07 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology

    $CRNC
    Financials

    Live finance-specific insights

    See more

    $CRNC
    Leadership Updates

    Live Leadership Updates

    See more
    • Cerence Announces Second Quarter Fiscal 2025 Results; Revenue and Profitability Exceed High End of Guidance

      Headlines Revenue of $78M; free cash flow of $13.1M marks fourth consecutive positive quarterCompany reiterates full-year guidance for revenue and raises full-year guidance for profitability and cash flowContinued innovation and customer momentum for Cerence xUI, the company's next-gen platform BURLINGTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today reported its second quarter fiscal year 2025 results for the quarter ended March 31, 2025. Results Summary (1,2)(in millions, except per share data)   Three Months Ended  Six Months Ended   March 31,  March 31,   2025  2024  20

      5/7/25 4:05:00 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Cerence to Announce Fiscal Second Quarter Results on May 7, 2025

      BURLINGTON, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, will announce its second quarter financial results for the quarter ended March 31, 2025, on Wednesday, May 7, 2025, at 4:05pm Eastern Time / 1:05pm Pacific Time. The company will host a live conference call and webcast, with supplementary slides, to discuss the results on the same day at 5:00pm Eastern Time / 2:00pm Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence.

      4/16/25 8:00:00 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Cerence Announces First Quarter Fiscal 2025 Results

      BURLINGTON, Mass., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global industry leader in AI for transportation, today reported its first quarter fiscal year 2025 results for the quarter ended December 31, 2024.  ResultsSummary(1,2)(in millions, except per share data)      Three Months Ended   December 31,   2024  2023 GAAP revenue $50.9  $138.3 GAAP gross margin  65.0%  81.0%Non-GAAP gross margin  65.9%  81.5%GAAP operating margin  -33.3%  42.3%Non-GAAP operating margin  -1.0%  49.4%GAAP net (loss) income $(24.3) $23.9 GAAP net (loss) income margin  -47.7%  17.2%Non-GAAP net (loss) income $(1.5) $54.3 Adjusted EBITDA $1.4  $70.4 Adjusted EBITDA margin  2

      2/6/25 4:05:00 PM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Cerence AI Adds Former Ford Executive Marion Harris to its Board of Directors

      BURLINGTON, Mass., March 20, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today announced that Marion Harris, a long-time Ford Motor Company executive, has been appointed to serve as an independent, non-executive director, effective April 1, 2025. In his more than 25-year career at Ford, Mr. Harris held varying automotive and financial services executive roles. He most recently served as Chairman and CEO of Ford Motor Credit Company, the automaker's captive finance lending arm, where he led a digital transformation program that resulted in the highest consumer satisfaction in the industry. In thi

      3/20/25 8:00:00 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Cerence AI Names Tony Rodriquez as Chief Financial Officer

      BURLINGTON, Mass., Dec. 03, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global industry leader in AI for transportation, today announced that it has appointed Antonio ("Tony") Rodriquez as its Chief Financial Officer (CFO), effective November 29, 2024. As Cerence AI's CFO, Mr. Rodriquez will be focused on accelerating growth, improving operating results, and driving sustainable, long-term value, leading the Company's finance organization, including accounting, tax, FP&A, treasury, facilities, and procurement. Mr. Rodriquez previously served as a partner of CSuite Financial Partners, a financial executive services firm, during which he served as Chief Financial Of

      12/3/24 8:00:00 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology
    • Cerence Appoints Brian Krzanich as Chief Executive Officer

      BURLINGTON, Mass., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that Brian Krzanich has been appointed Chief Executive Officer and a member of the Board of Directors, effective immediately. Mr. Krzanich succeeds Stefan Ortmanns, who is departing as CEO and resigning as a member of the Board. Mr. Krzanich is a seasoned executive with a track record of success at global public organizations. Most recently from 2018 to 2022, Mr. Krzanich served as CEO of CDK Global Inc., the leading supplier of software to the retail automotive industry. After stabilizing CDK's business, he delivered ten consecutive quarters of growth and ultimatel

      10/7/24 8:00:00 AM ET
      $CRNC
      Computer Software: Prepackaged Software
      Technology