---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-004009"
form_type: "8-K"
ticker: "CRNC"
cik: "0001768267"
company_name: "Cerence Inc."
filed_at: "2022-02-07T23:59:59+00:00"
generated_at: "2026-06-27T10:45:42.087187+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cerence Q1 revenue $94.4M, GAAP EPS $0.47, non-GAAP EPS $0.59; lowers FY2022 guidance

## Summary
- GAAP revenue $94.4M (up ~1% YoY); GAAP net income $19.0M vs $20.9M; GAAP diluted EPS $0.47 vs $0.53.
- Non-GAAP net income $25.3M vs $23.6M; non-GAAP diluted EPS $0.59 vs $0.57; adjusted EBITDA $36.9M vs $39.0M.
- Recorded second largest bookings quarter; won China two-wheeler customer; initial fitness product revenue.
- Company lowered full-year fiscal 2022 guidance; no details provided in release.
- Non-GAAP operating margin 36.8% vs 38.9%; GAAP operating margin improved to 24.3% from 18.7%.

## SEC filing metadata
- accession: 0001564590-22-004009
- form_type: 8-K
- ticker: CRNC
- cik: 0001768267
- company_name: Cerence Inc.
- filed_at: 2022-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1768267/000156459022004009/0001564590-22-004009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1768267/000156459022004009/crnc-8k_20220207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-004009
- JSON: https://secwatch.observer/filing/0001564590-22-004009.json
- Plain text: https://secwatch.observer/filing/0001564590-22-004009.txt

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