Cerence Inc
For the period ended Aug 8, 2024. Filed Aug 8, 2024.
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Aug 8, 2024 · Filed Aug 8, 2024
Contents
EX-99.1 · Cerence Key Performance Indicators
Cerence Key Performance Indicators
To help investors gain further insight into the Cerence business and its performance, management provides a set of key performance indicators that includes:
| Key Performance Indicator1 | Q3FY24 |
|---|---|
| Percent of worldwide auto production with Cerence Technology (TTM) | 53% |
| Change in number of Cerence connected cars shipped2 (TTM over prior year TTM) | 19% |
| Change in Adjusted Total Billings (TTM over prior year TTM)3 | 3% |
(1)
Please refer to the “Key Performance Indicators” section included elsewhere in this release for more information regarding the definitions and our use of key performance indicators.
(2)
Based on IHS Markit data, global auto production increased 4% over the same time period ended on June 30, 2024.
(3)
Change in Adjusted total billings YoY (TTM): The year over year change in total billings adjusted to exclude Professional Services, prepay billings and prepay consumption.
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