Cerence Inc. (NASDAQ:CRNC) Q3 2023 Earnings Call Transcript

Tom Beaudoin: But in the short term there’s two or three technologies that were developed and owned by Cerence that we can play. Some of it’s in our audio, our audio stack. Some of its in our text to speech. We also have developed our own voice biometrics technology, separate from what came over at the time of the spin. So there are opportunities that we’re pursuing in those particular areas that are exempt from the FOU for the next year. And then as Stefan said, pretty much a year from now there are no restrictions.

Stefan Ortmanns: Yes, and we have also established a team fully dedicated on non-transportation opportunities for us, business development and R&D people.

Operator: Thank you. I am showing no further questions at this time. I would now like to turn the conference back to Rich for closing remarks.

Rich Yerganian: Thank you, Brittany. And thank you everyone for joining us on the call this morning. We look forward to having further discussions. Enjoy the rest of the summer. Thank you.

Operator: Great. Thank you so much. This concludes today’s conference call. Thank you for participating. You may now disconnect.