{"filings":[{"id":95299,"accession_number":"0001628280-26-032114","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cerence AI Q2 revenue $64.2M beats guidance; raises full-year outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $64.2M, Adjusted EBITDA $7.2M, both above high end of guidance.","GAAP net income $1.7M ($0.04 diluted EPS); operating cash flow $14.1M; free cash flow $13.6M.","First Cerence xUI-powered vehicles entering production; expanding adoption across Audio AI and generative AI.","Raised midpoints of full-year revenue, Adjusted EBITDA, and free cash flow guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":179269000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108253,"accession_number":"0001628280-26-009007","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2026-02-18T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Cerence shareholders elect six directors, approve say-on-pay, ratify BDO as auditor at 2026 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All six director nominees elected; each received >21M for votes, with 10.7M broker non-votes.","Non-binding advisory say-on-pay approved: 16,307,363 for, 4,815,899 against, 1,099,687 abstain.","Ratification of BDO USA as auditor for FY2026: 32,356,572 for, 436,019 against, 99,697 abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":108252,"accession_number":"0001628280-26-005491","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2026-02-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cerence Reports Strong Q1 FY26 Results with Record Free Cash Flow and Adjusted EBITDA Above Guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 FY26 revenue was $115.1M, including a $49.5M patent license payment; GAAP net loss was $5.2M.","Free cash flow reached a quarterly record of $35.6M, driven by net cash provided by operating activities of $37.9M.","Adjusted EBITDA of $44.6M exceeded the high end of guidance; full-year fiscal 2026 guidance reaffirmed.","Five Cerence xUI customer programs are in progress with major automakers; first xUI-powered cars expected in 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":115076000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124692,"accession_number":"0001628280-25-058847","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2025-12-29T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Cerence repurchases $30M of 1.50% convertible notes due 2028 at 92% discount","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Repurchased $30M aggregate principal amount of its 1.50% Convertible Senior Notes due 2028.","Cash repurchase price equal to 92% of principal plus accrued interest to settlement date.","Repurchased notes will be canceled, reducing outstanding debt.","Transaction completed in privately negotiated deals with certain holders.","Expected to lower future interest expense and leverage."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124691,"accession_number":"0001628280-25-053169","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2025-11-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cerence Q4 revenue $60.6M beats guidance; FY26 rev guidance $300-320M, +23% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 GAAP revenue $60.6M, above high-end guidance; FY25 revenue $251.8M, also above guidance.","Q4 Adjusted EBITDA $8.3M; free cash flow $9.7M; FY free cash flow $46.8M, nearly 3x YoY.","FY26 revenue guidance $300-320M includes Samsung patent license payment; core tech business expected up 8%.","GAAP net loss Q4 ($13.4M) or ($0.24) diluted EPS; FY net loss ($18.7M) or ($0.43) diluted EPS.","First Cerence xUI-powered cars expected on roads in 2026; all technology milestones met."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":251781000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124690,"accession_number":"0001628280-25-047927","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Cerence settles patent litigation with Samsung; receives $49.5M lump sum payment","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Cerence filed two patent infringement lawsuits against Samsung (Oct 2023, Mar 2024); Samsung counterclaimed in Jul 2024.","Parties entered cross-license agreement on Oct 28, 2025, resolving all disputes.","Samsung to pay Cerence one-time lump sum of $49.5 million.","Trials for Samsung I (Oct 2025) and Samsung II (Apr 2026) were settled before trial."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141383,"accession_number":"0001768267-25-000005","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2025-09-05T23:59:59+00:00","items":["2.05","5.02"],"status":"ready","headline":"Cerence announces foreign ops restructuring ($7.2-7.9M charges); retention pact for EVP Schanz","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Restructuring plan for foreign operations to reduce costs; estimated cash charges $7.2-7.9M, mostly severance.","Majority of charges expected in Q1 FY2026; plan substantially complete by end of Q1 FY2026.","Retention bonus of $350K for EVP Nils Schanz, repayable if resigns or terminated for cause before Aug 25, 2026.","Schanz also receives $2M equity award: 50% time-based RSUs vesting over 3 years, 50% PSUs tied to FY2026-2028 performance metrics."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":141382,"accession_number":"0001628280-25-038336","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cerence Q3 revenue $62.2M beats guidance; net loss narrows to $2.7M; raises FY outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $62.2M exceeded $57-61M guidance; GAAP net loss $2.7M vs loss of $313.5M a year ago.","Adjusted EBITDA of $9.0M; free cash flow $16.1M, fifth consecutive positive FCF quarter.","Raised full-year FY2025 revenue guidance to $244-249M; also raised Adj. EBITDA and FCF guidance.","GAAP gross margin improved to 73.7% from 71.5%; non-GAAP total operating expenses $39.6M.","Cerence xUI hybrid LLM platform gaining customer wins and proof-of-concept momentum."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":191142000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":159198,"accession_number":"0000950170-25-065725","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cerence Q2 FY2025 revenue $78M beats guidance; net income $21.7M, raises FY profit guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP revenue of $78.0M (up 15% YoY), GAAP net income of $21.7M ($0.46 diluted EPS) vs $67.8M and ($278.0M) a year ago.","Adjusted EBITDA of $29.5M (improved from -$0.3M YoY); free cash flow of $13.1M, fourth consecutive positive quarter.","Reiterates full-year revenue guidance; raises full-year profitability and cash flow guidance.","GAAP gross margin expanded to 77.1% from 69.2% YoY; non-GAAP operating expenses fell to $34.1M from $50.0M."],"consensus_eps_estimate":-0.1453,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":128906000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177648,"accession_number":"0000950170-25-042711","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2025-03-20T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Cerence appoints former Ford Motor Credit CEO Marion Harris to board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Marion Harris appointed to Cerence board effective April 1, 2025; board expands from 7 to 8 directors.","Harris, a 25-year Ford veteran, most recently served as Chairman & CEO of Ford Motor Credit.","He will serve on the Audit Committee and receive an initial equity grant of ~$135,000 plus $100,000 annual cash retainer.","No other arrangements or material interests in any transaction were disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177647,"accession_number":"0000950170-25-022216","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Cerence shareholders elect directors, approve say-on-pay, but reject officer liability limitation amendment","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All seven director nominees elected: Arun Sarin, Brian Krzanich, Marianne Budnik, Douglas Davis, Marcy Klevorn, Kristi Ann Matus, Alfred Nietzel.","Non-binding advisory say-on-pay compensation proposal approved with ~19.9M for vs 0.6M against.","Ratification of BDO USA as independent auditor for FY2025 approved with ~29.5M for vs 0.4M against.","Amendment to limit officer liability failed with 19.4M for, 1.2M against, 9.5M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177646,"accession_number":"0000950170-25-015394","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cerence Q1 FY2025 revenue $50.9M down 63% YoY; GAAP net loss $24.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP revenue $50.9M vs $138.3M prior year; GAAP net loss of $24.3M ($0.57 diluted loss per share).","Non-GAAP net loss $1.5M vs $54.3M income; adjusted EBITDA $1.4M vs $70.4M.","Gross margin declined: GAAP 65.0% vs 81.0%; non-GAAP 65.9% vs 81.5%.","Q1 FY24 included $86.6M non-cash Toyota 'Legacy' revenue; Q1 FY25 revenue reflects ongoing transition.","GAAP operating margin swung from +42.3% to -33.3% year-over-year."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":50896000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194353,"accession_number":"0001193125-24-284230","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-12-23T23:59:59+00:00","items":["1.02","7.01","8.01","9.01"],"status":"ready","headline":"Cerence repurchases $27M of 3% convertible notes at 98.5% of par; terminates credit facility","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Repurchased $27M aggregate principal of 3% Convertible Senior Notes due 2025 at 98.5% of par plus accrued interest.","Plans to cancel repurchased notes and pay remaining $60.5M at maturity in June 2025 using cash on hand.","Intends to terminate undrawn $50M senior secured revolving credit facility after note repurchase.","Reaffirmed Q1 FY2025 and full-year FY2025 guidance issued on Nov 21, 2024.","CEO cites confidence in future; CFO highlights cash management and cost reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194352,"accession_number":"0001193125-24-269993","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-12-03T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Cerence AI appoints Tony Rodriquez as permanent CFO with $475K salary and equity awards","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tony Rodriquez named EVP, CFO effective Nov 29, 2024; had served as interim CFO since June 2024.","Annual base salary $475K; target bonus 75% of salary; initial equity of 626,566 RSUs (half time-based, half performance-based).","Board adopted Amendment No.2 to 2024 Inducement Plan, increasing authorized shares from 3M to 4.5M for inducement grants.","Rodriquez entered into a change of control and severance agreement with severance multiples and equity acceleration triggers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194351,"accession_number":"0000950170-24-129486","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-11-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cerence Q4 revenue $54.8M beats guidance, positive cash flow; FY25 outlook $236-247M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $54.8M exceeded high end of guidance; cash flow from operations $6.1M positive.","FY24 GAAP revenue $331.5M (incl. $86.6M Toyota legacy non-cash); GAAP net loss $588.1M, EPS loss $14.12.","Non-GAAP net income $56.1M, adjusted EBITDA $80.6M; non-GAAP EPS $1.23 vs $0.36 YoY.","FY25 revenue guidance $236-247M; transformation plan on track for $35-40M annualized cost savings.","Record 22 platform launches in FY24, including 6 for generative AI solutions and 4 in Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":-14.12,"consensus_revenue_estimate":null,"consensus_revenue_actual":331504000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":194350,"accession_number":"0001193125-24-233891","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-10-07T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"Cerence appoints Brian Krzanich as CEO, reaffirms Q4 FY2024 guidance","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Brian Krzanich appointed President and CEO effective Oct 7, 2024; succeeds Stefan Ortmanns.","Krzanich previously CEO of CDK Global and Intel; led CDK's $8.3B take-private exit in 2022.","Reaffirmed Q4 FY2024 guidance: revenue $44-50M, GAAP net loss ($32M)-($28M), adjusted EBITDA ($19M)-($13M).","Krzanich receives $600K base salary, target bonus 100%, and $6M initial equity award (50% time-based RSUs, 50% performance-based).","Board adopted Amendment No.1 to 2024 Inducement Plan, increasing authorized shares from 600K to 3M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210691,"accession_number":"0000950170-24-093306","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","2.05","9.01"],"status":"ready","headline":"Cerence Q3 GAAP net loss $313.5M; 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CPO Nils Schanz takes expanded role; Q3 guidance reaffirmed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CTO Iqbal Arshad resigns effective July 5, 2024; CPO Nils Schanz assumes CTO responsibilities.","Schanz will lead global technology, engineering, and product development organization.","Company reaffirms Q3 FY2024 revenue guidance of $66M-$72M, GAAP net income ($4M)-$2M, adjusted EBITDA $4.5M-$10.5M.","Schanz previously led development of Mercedes-Benz MBUX system and joined Cerence in Oct 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":229062,"accession_number":"0001193125-24-154289","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-06-04T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Cerence appoints Tony Rodriquez as interim CFO effective June 4, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Rodriquez replaces CEO Stefan Ortmanns as principal financial officer; CFO search continues.","He is a partner at CSuite Financial Partners and will be paid $17,500/week via CSuite.","Rodriquez previously served as CFO of The Bouqs Company and TouchCommerce.","Appointment effective June 4; either party may terminate on 5 days' notice."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":229061,"accession_number":"0001193125-24-140726","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-05-16T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Cerence CFO Daniel Tempesta resigns; CEO Ortmanns takes interim finance role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Daniel Tempesta resigned as CFO for personal reasons, effective May 17, 2024; no disagreement with the company.","CEO Stefan Ortmanns appointed interim principal financial officer effective May 17.","VP & Corporate Controller Katherine Roman appointed interim principal accounting officer.","Company retained third-party consulting firm for interim finance support; search for permanent CFO underway."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":229060,"accession_number":"0000950170-24-056266","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cerence Q2 revenue beat goodwill $252M charge; lowers FY24 guidance, withdraws multi-year plan","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP revenue $67.8M (above high end of guidance), vs $68.4M YoY; GAAP net loss $278M ($6.66/sh) due to ~$252M goodwill impairment.","Non-GAAP net loss $3.6M ($0.09/sh) vs $1.7M loss YoY; adjusted EBITDA -$0.3M.","H1 FY24 revenue $206.2M (incl. $86.6M Toyota legacy) vs $152.1M; non-GAAP net income $50.7M ($1.07/sh).","Company lowering FY24 revenue and profit guidance; withdrawing multi-year financial outlook.","Secured six generative AI design wins; early validation of next-gen platform."],"consensus_eps_estimate":null,"consensus_eps_actual":-6.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":206160000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":229058,"accession_number":"0001193125-24-135028","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K/A","filed_at":"2024-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Cerence files 8-K/A to furnish prepared remarks from Q2 FY2024 earnings call due to audio issue","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Amendment filed solely to provide prepared remarks from May 9 earnings call that were inaudible.","Original Q2 FY2024 results announced on May 9 are unchanged; no financial restatement.","Exhibit 99.3 now includes prepared remarks from CEO Stefan Ortmanns and CFO Dan Tempesta.","No additional financial data or updates beyond the original press release and presentation."],"consensus_eps_estimate":null,"consensus_eps_actual":-6.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":206160000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":229059,"accession_number":"0001193125-24-095496","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-04-15T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Cerence amends credit agreement: new EBITDA covenant, tighter leverage, maturity extended to 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amendment No. 3: net secured leverage ratio ≤3.00x, minimum EBITDA from -$5M to $40M, liquidity ≥$50M, capex ≤$10M.","Interest margin increased to SOFR+3.00% (SOFR loans) or ABR+2.00%.","Revolving facility maturity changed to April 1, 2026, with early maturity trigger if 2025 convertible notes not refinanced.","Truist Bank's commitment terminated; remaining lenders Wells Fargo, First-Citizens, Citibank."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":247669,"accession_number":"0001193125-24-056964","cik":1768267,"company_name":"Cerence Inc.","ticker":"CRNC","form_type":"8-K","filed_at":"2024-03-04T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Cerence appoints Daniel Tempesta as CFO, effective March 18, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Tempesta, former Nuance CFO, will receive $500k base salary, 75% target bonus, and $6M in equity awards ($3M initial + $3M sign-on RSUs).","Outgoing CFO Thomas Beaudoin resigns as officer but remains on Cerence's Board of Directors; will support transition through April 30, 2024.","Board approved 2024 Inducement Plan reserving 600,000 shares for equity grants to new hires."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":530504870.6723843,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}