{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-039351","form_type":"8-K","ticker":"CRNC","cik":"0001768267","company_name":"Cerence Inc.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.166579+00:00","generated_at":"2026-06-12T02:28:03.279068+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cerence Q3 revenue $61.7M (-31% YoY); GAAP net loss narrows to $16.5M","bullets":["Revenue $61.7M vs $89.0M YoY; GAAP gross margin 66.0% down from 72.8%.","GAAP net loss $16.5M ($0.41 per share) vs $99.3M loss YoY; non-GAAP net loss $1.7M.","Adjusted EBITDA $2.8M (4.5% margin) vs $28.5M (32.0%) YoY, reflecting lower revenue.","Convertible note refinancing yields ~$8M annual interest expense savings.","Strategic wins: Japanese OEM connected services, Korean OEM ADAS, two-wheeler design win."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-039351","json":"https://secwatch.observer/filing/0000950170-23-039351.json","markdown":"https://secwatch.observer/filing/0000950170-23-039351.md","text":"https://secwatch.observer/filing/0000950170-23-039351.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1768267/000095017023039351/0000950170-23-039351-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1768267/000095017023039351/crnc-20230808.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T02:28:03.279068+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}