secwatch.observer — SEC 8-K summary
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Issuer:     Cerence Inc. (CRNC)
CIK:        0001768267
Form:       8-K
Filed at:   2026-08-06T20:07:49+00:00
Accession:  0001628280-26-054286
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cerence AI Q3 revenue $69.6M (+12% YoY), net income $1.5M, first $30M buyback
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- Revenue $69.6M (+12% YoY); GAAP net income $1.5M vs loss of $2.7M YoY; Adjusted EBITDA $13.5M (+50% YoY), above guidance.
- Connected Services revenue grew >20% YoY; new multi-brand Cerence xUI award from Stellantis and first Mobile Work Agent customer.
- Operating cash flow $20M, free cash flow $19.6M (+20% YoY).
- Board authorized first-ever $30M share repurchase program over 12 months, starting Aug 10, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1768267/000162828026054286/0001628280-26-054286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1768267/000162828026054286/crnc-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-054286

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer