{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-029093","form_type":"8-K","ticker":"CRNC","cik":"0001768267","company_name":"Cerence Inc.","filed_at":"2022-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:04:08.130250+00:00","generated_at":"2026-06-27T10:45:31.100162+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Cerence Q1 revenue $94.4M, adj. EBITDA $36.9M; lowers FY2022 guide; CFO retiring","bullets":["GAAP revenue $94.4M (+0.9% YoY); GAAP net income $19.0M ($0.47 EPS) vs $20.9M ($0.53) prior year.","Non-GAAP net income $25.3M ($0.59 EPS) vs $23.6M ($0.57); adjusted EBITDA $36.9M (39.1% margin).","Recorded second largest bookings quarter; initial revenue from fitness products; won new China two-wheeler customer.","Company lowers FY2022 guidance (full details not provided in release).","CFO Mark Gallenberger to retire March 11, 2022; will remain as advisor through Nov 15, 2022; search for successor commenced."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-029093","json":"https://secwatch.observer/filing/0001193125-22-029093.json","markdown":"https://secwatch.observer/filing/0001193125-22-029093.md","text":"https://secwatch.observer/filing/0001193125-22-029093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1768267/000119312522029093/0001193125-22-029093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1768267/000119312522029093/d219536d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T10:45:31.100162+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":"3b1bb4747d","claim":"Mark Gallenberger departed as Chief Financial Officer at Cerence Inc..","evidence_excerpt":"On February 7, 2022, the Company announced that Mark Gallenberger, Chief Financial Officer of the Company, intends to retire from the Company effective March 11, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1768267/000119312522029093/0001193125-22-029093-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retire"},{"label":"Role","value":"Chief Financial Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}