{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-002047","form_type":"8-K","ticker":"CRNC","cik":"0001768267","company_name":"Cerence Inc.","filed_at":"2023-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.467694+00:00","generated_at":"2026-06-19T21:55:19.702605+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Cerence Q1 revenue $83.7M, down 11% YoY; GAAP net loss $2.2M vs prior-year gain","bullets":["GAAP revenue $83.7M (down 11% YoY from $94.4M); gross margin 68.7% vs 74.3%.","GAAP net loss $2.2M ($0.05 diluted loss) vs net income $19.0M ($0.47) a year ago.","Non-GAAP net income $14.2M ($0.36 diluted EPS) vs $25.3M ($0.59); operating margin 20.5% vs 36.8%.","Cerence Co-Pilot added 4 new customers (2 win-backs); Cerence Ride won 3 design awards.","Investor Day outlined 'Destination Next' long-term growth strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-002047","json":"https://secwatch.observer/filing/0000950170-23-002047.json","markdown":"https://secwatch.observer/filing/0000950170-23-002047.md","text":"https://secwatch.observer/filing/0000950170-23-002047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1768267/000095017023002047/0000950170-23-002047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1768267/000095017023002047/crnc-20230208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T21:55:19.702605+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c87588695caa83bc957f47582b908a4491a5624b","claim":"Cerence Inc. reported financial results for the quarter ended December 31, 2022.","evidence_excerpt":"On February 8, 2023, Cerence Inc. (the \"Company\") announced its financial results for the quarter ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1768267/000095017023002047/0000950170-23-002047-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}