---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-129486"
form_type: "8-K"
ticker: "CRNC"
cik: "0001768267"
company_name: "Cerence Inc."
filed_at: "2024-11-21T23:59:59+00:00"
generated_at: "2026-05-29T21:01:56.659116+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cerence Q4 revenue $54.8M beats guidance, positive cash flow; FY25 outlook $236-247M

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-129486
- form_type: 8-K
- ticker: CRNC
- cik: 0001768267
- company_name: Cerence Inc.
- filed_at: 2024-11-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1768267/000095017024129486/0000950170-24-129486-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1768267/000095017024129486/crnc-20241121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-129486
- JSON: https://secwatch.observer/filing/0000950170-24-129486.json
- Plain text: https://secwatch.observer/filing/0000950170-24-129486.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.