Cerence Inc. (NASDAQ:CRNC) Q4 2023 Earnings Conference Call November 27, 2023 8:30 AM ET

Company Participants

Rich Yerganian - SVP, |IR

Stefan Ortmanns - Director & CEO

Nils Schanz - Chief Product Officer

Tom Beaudoin - CFO

Conference Call Participants

Luke Junk - Baird

Colin Langan - Wells Fargo

Quinn Bolton - Needham

Mark Delaney - Goldman Sachs

Jeff Van Rhee - Craig-Hallum Capital Group

Chris McNally - Evercore ISI

Jeffrey Osborne - TD Cowen

Operator

Good day, and welcome to the Cerence’s Q4 2023 Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will be given at that time. As a reminder, this call maybe recorded.

I would now like to turn the call over to Rich Yerganian, Senior Vice President of Investor Relations. You may begin.

Rich Yerganian

Thank you. Welcome to Cerence's fourth quarter and full fiscal year 2023 conference call. Before we begin, I would like to remind you that this call may involve certain forward-looking statements. Any statements that are not statements of historical fact including statements related to our expectations, estimates, assumptions, strategy, goals, targets and plans should be considered to be forward-looking statements.

Cerence makes no representations to update those statements after today. These statements are subject to risks and uncertainties which may cause actual results to differ materially from such statements, as described in our SEC filings, including the Form 8-K with the press release preceding today's call, and our Form 10-Q filed on August 8, 2023 and our most recent Form 10-K.

In addition, the company may refer to certain non-GAAP measures, key performance indicators and pro forma financial information during this call. Please refer to today's press release for further details of the definitions, limitations, and uses of those measures and reconciliations of non-GAAP measures to the closest GAAP equivalent. The press release is available in the IR section of the website.

Joining me on today's call are Stefan Ortmanns, CEO of Cerence; Tom Beaudoin, CFO of Cerence and Nils Schanz, our Chief Product Officer. As a reminder, the only authorized spokespeople for the company are Stefan, Tom and me.

Before handing the call over to Stefan, I would like to mention that we will be present at the Wells Fargo 7th Annual TMT Conference tomorrow, November 28; the UBS Industrial Summit on November 29; and the Raymond James TMT and Consumer Conference on December 5.