Source-grounded facts extracted from Cerence Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Cerence Inc. reported the fiscal quarter ended March 31, 2026 results: revenue $64.2 million, net income $1.7 million, EPS $0.04. Guidance raised.
“Cerence AI Delivers Strong Q2 FY26 Results with Revenue Above Guidance; Raises and Refines Full-Year Outlook Headlines • Exceeded Q2 expectations with $64.2 million in revenue and $7.2 million in Adjusted EBITDA, both above the high end of guidance; net income within range at $1.7 million; $14.1 million in operating cash flow; and $13.6”
Cerence Inc. announced a restructuring with charges of approximately $7.2 to $7.9 million affecting certain foreign operations.
“On September 2, 2025, Cerence Inc. (the “Company”) announced a restructuring plan with respect to certain foreign operations intended to further reduce operating expenses and position the Company for profitable future growth (the “Plan”). The Company estimates that it will incur cash restructuring charges of approximately $7.2 to $7.9 million in connection with the Plan, primarily consisting of severance payments, payments in lieu of notice, employee benefits and related costs.”
Marion Harris was appointed as Director at Cerence Inc..
“appointed Marion Harris as a member of the Board, effective April 1, 2025.”
Brian Krzanich was appointed as President and Chief Executive Officer at Cerence Inc..
“On October 6, 2024, the Board of Directors (the “Board”) of the Company appointed Brian Krzanich as President and Chief Executive Officer (and “principal executive officer”) of the Company, effective October 7, 2024.”
Cerence Inc. announced a restructuring with charges of approximately $18 to $22 million.
“and development investments on its generative AI roadmap and innovation across its platform. The Company estimates that it will incur cash restructuring charges of approximately $18 to $22 million in connection with the Plan, primarily consisting of severance payments, payments in lieu of notice, employee benefits and related costs. The Company expects to”
Nils Schanz changed role as Chief Technology Officer at Cerence Inc..
“Nils Schanz, Chief Product Officer of the Company, will assume the responsibilities of Chief Technology Officer following the departure of Mr. Arshad, effective July 5, 2024. In this expanded role, Mr. Schanz will lead the Company’s global technology, engineering, and product development organization.”
Iqbal Arshad departed as Chief Technology Officer at Cerence Inc..
“Iqbal Arshad notified the Company of his decision to resign as Chief Technology Officer of the Company.”
Antonio Rodriquez was appointed as interim Chief Financial Officer at Cerence Inc..
“On June 4, 2024, the Board of Directors of Cerence Inc. (the “Company”) appointed Antonio (“Tony”) Rodriquez to serve as the Company’s interim Chief Financial Officer and designated Mr. Rodriquez as the Company’s principal financial officer, succeeding Stefan Ortmanns, the Company’s current President and Chief Executive Officer, in such role.”
Katherine Roman was appointed as principal accounting officer at Cerence Inc..
“The Board of Directors of the Company has designated Stefan Ortmanns, President and Chief Executive Officer, as the Company’s principal financial officer, and Katherine Roman, Vice President and Corporate Controller, as the Company’s principal accounting officer, each on an interim basis and effective as of May 17, 2024.”
Stefan Ortmanns was appointed as principal financial officer at Cerence Inc..
“The Board of Directors of the Company has designated Stefan Ortmanns, President and Chief Executive Officer, as the Company’s principal financial officer, and Katherine Roman, Vice President and Corporate Controller, as the Company’s principal accounting officer, each on an interim basis and effective as of May 17, 2024.”
Daniel Tempesta resigned as Chief Financial Officer at Cerence Inc..
“On May 11, 2024, Daniel Tempesta notified Cerence Inc. (the “Company”) of his decision to resign as Chief Financial Officer of the Company for personal reasons, effective as of May 17, 2024.”
Cerence Inc. reported Second quarter fiscal year 2024 ended March 31, 2024 results: revenue $67.8 million, net income GAAP net loss of $(278.0) million, EPS $(6.66) GAAP net loss per share - diluted. Guidance lowered.
“Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today reported its second quarter fiscal year 2024 results for the quarter ended March 31, 2024.”
Cerence Inc. amended credit facility with Wells Fargo Bank, N.A., as administrative agent at SOFR plus 3.00% maturing April 1, 2026.
“Amendment No. 3 revised certain interest rates in the Credit Agreement. The applicable margin is SOFR plus 3.00% for SOFR loans and the highest of (i) the federal funds effective rate, (ii) the prime rate, and (iii) one-month SOFR plus 1.00% (the highest of clauses (i) through (iii), the “ABR”) plus 2.00% for ABR loans. Amendment No. 3 also modified the maturity date for the revolving facility. The revolving facility matures on April 1, 2026”
Cerence Inc. amended Amendment No. 3 to Credit Agreement with Wells Fargo Bank, N.A., as administrative agent (effective 2024-04-12).
“On April 12, 2024 (the “ Amendment No. 3 Effective Date ”), Cerence Inc. (the “ Borrower ” or the “ Company ”) entered into Amendment No. 3 to Credit Agreement (the “ Amendment ”), by and among the Borrower, the lenders and issuing banks party thereto and Wells Fargo Bank, N.A., as administrative agent (the “ Administrative Agent ”), which amends certain terms of the Credit Agreement, dated as of June 12, 2020”
Daniel Tempesta was appointed as Chief Financial Officer at Cerence Inc..
“On February 28, 2024, the Board of Directors (the “Board”) of Cerence Inc. (the “Company”) appointed Daniel Tempesta as Chief Financial Officer (and, in such capacity, the “principal financial officer” and “principal accounting officer” of the Company), effective March 18, 2024.”
Cerence Inc. shareholders approved Ratification of the appointment of BDO USA PC as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2024 at the 2024-02-15 meeting.
“Proposal 3 : To ratify the appointment of BDO USA PC as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2024: For Against Abstain Broker Non-Votes 35,058,597 81,231 97,070 0”
Cerence Inc. shareholders approved Advisory vote to approve the compensation of the Company’s named executive officers at the 2024-02-15 meeting.
“Proposal 2 : To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers: For Against Abstain Broker Non-Votes 27,521,397 2,491,926 69,292 5,154,283”
Cerence Inc. shareholders approved Election of nine members of the Board of Directors at the 2024-02-15 meeting.
“Proposal 1 : To elect nine members of the Company’s Board of Directors: Director Nominee For Against Abstain Broker Non-Votes Arun Sarin 28,317,475 1,731,415 33,725 5,154,283 Thomas Beaudoin 28,268,493 1,781,293 32,829 5,154,283 Marianne Budnik 29,602,595 444,970 35,050 5,154,283 Douglas Davis 29,603,398 443,077 36,140 5,154,283 Sanjay Jha 29,694,873 352,441 35,301 5,154,283 Marcy Klevorn 29,727,580 320,062 34,973 5,154,283 Kristi Ann Matus 29,751,571 295,862 35,182 5,154,283 Alfred Nietzel 29,548,834 497,010 36,771 5,154,283 Stefan Ortmanns 29,740,367 312,278 29,970 5,154,283”
Cerence Inc. reported the quarter ended December 31, 2023 results: revenue $138.3, net income $23.9, EPS $0.53.
“year 2024 results for the quarter ended December 31, 2023. Results Summary (1,2) (in millions, except per share data) Three Months Ended December 31, 2023 2022 GAAP revenue $ 138.3 $ 83.7 GAAP gross margin 81.0 % 68.7 % Non-GAAP gross margin 81.5 % 70.4 % GAAP operating margin 42.3 % -2.4 % Non-GAAP operating margin 49.4 % 20.5 % GAAP net income (loss) $”
Cerence Inc. reported fourth quarter and fiscal year 2023 results: revenue GAAP revenue $80.8 million for Q4 and $294.5 million for fiscal year 2023, net income GAAP net loss $(11.6) million for Q4 and $(56.3) million for fiscal year 2023, EPS GAAP net loss per share - diluted $(0.29) for Q4 and $(1.40) for fiscal year 2023.
“Cerence Inc. (the "Company") announced its financial results for the fiscal year ended September 30, 2023.”
Cerence Inc. incurred convertible notes of $190.0 million in aggregate principal amount with U.S. Bank Trust Company, National Association at 1.50% per year maturing July 1, 2028.
“On June 26, 2023, Cerence Inc. (the “Company”) issued $190.0 million in aggregate principal amount of 1.50% Convertible Senior Notes due 2028 (the “Initial Notes”), pursuant to an Indenture dated as of June 26, 2023 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee”
Cerence Inc. entered into Indenture dated as of June 21, 2023 with U.S. Bank Trust Company, National Association valued at $190.0 million in aggregate principal amount of 1.50% Convertible Senior Notes due 2028 (effective 2023-06-26).
“On June 26, 2023, Cerence Inc. (the “Company”) issued $190.0 million in aggregate principal amount of 1.50% Convertible Senior Notes due 2028 (the “Initial Notes”), pursuant to an Indenture dated as of June 26, 2023 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”), in a private offering to qualified institutional buyers (the “Note Offering”) pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).”
Marcy Klevorn was appointed as member of the Board at Cerence Inc..
“appointed Marcy Klevorn as a member of the Board, effective June 1, 2023.”
Cerence Inc. reported quarter ended March 31, 2023 results: revenue $ 68.4, net income $ (26.1 ), EPS $ (0.65 ) per share.
“quarter ended March 31, 2023. Results Summary (1) (in millions, except per share data) Three Months Ended Six Months Ended March 31, March 31, 2023 2022 2023 2022 GAAP Revenue $ 68.4 $ 86.3 $ 152.1 $ 180.7 GAAP Gross Margin 63.4 % 71.8 % 66.3 % 73.1 % Non-GAAP Gross Margin 65.3 % 74.7 % 68.1 % 76.2 % GAAP Operating Margin -30.1 % 7.3 % -14.9 % 16.2 % Non-GAAP”
Cerence Inc.: Amended and restated by-laws to update governance provisions, including proxy rules, stockholder nominations, and forum selection (effective 2023-04-28).
“On April 28, 2023, in connection with certain recent changes to Securities and Exchange Commission rules and the Delaware General Corporation Law (the “DGCL”) and a periodic review of corporate governance matters, the Board of Directors (the “Board”) of Cerence Inc. (the “Company”) approved amendments to the Company’s Amended and Restated By-laws (the “Second A&R By-laws”), effective immediately.”
Prateek Kathpal resigned as Chief Technology Officer at Cerence Inc..
“Prateek Kathpal notified the Company of his decision to resign as Chief Technology Officer of the Company, effective as of May 8, 2023, in order to pursue another opportunity.”
Prateek Kathpal departed as Chief Technology Officer at Cerence Inc..
“Prateek Kathpal has notified Cerence Inc. (the “Company”) of his decision to resign as Chief Technology Officer of the Company, effective as of May 8, 2023, in order to pursue another opportunity.”
Cerence Inc. shareholders approved To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers at the 2023-02-09 meeting.
“Proposal 3 : To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers: For Against Abstain/Withheld Broker Non-Votes 26,687,345 1,745,802 53,491 5,229,280”
Cerence Inc. shareholders approved To ratify the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023 at the 2023-02-09 meeting.
“Proposal 2 : To ratify the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2023: For Against Abstain/Withheld Broker Non-Votes 33,639,084 30,443 46,391 0”
Cerence Inc. shareholders approved To elect eight members of the Company's Board of Directors at the 2023-02-09 meeting.
“Proposal 1 : To elect eight members of the Company’s Board of Directors: Director Nominee For Against Abstain/Withheld Broker Non-Votes Arun Sarin 25,595,093 2,850,979 40,566 5,229,280 Stefan Ortmanns 28,224,019 230,843 31,776 5,229,280 Thomas Beaudoin 26,418,378 2,035,610 32,650 5,229,280 Marianne Budnik 27,730,483 717,924 38,231 5,229,280 Douglas Davis 28,215,828 229,926 40,884 5,229,280 Sanjay Jha 28,061,731 383,027 41,880 5,229,280 Kristi Ann Matus 28,234,029 216,469 36,140 5,229,280 Alfred Nietzel 28,172,349 275,127 39,162 5,229,280”
Cerence Inc. reported financial results for the quarter ended December 31, 2022.
“On February 8, 2023, Cerence Inc. (the "Company") announced its financial results for the quarter ended December 31, 2022.”
Cerence Inc. reported Twelve Months Ended September 30, 2022 results: revenue $ 327.9, net income $ (310.8 ), EPS $ (7.93 ).
“Twelve Months Ended September 30, September 30, 2022 2021 2022 2021 GAAP revenue $ 58.1 $ 98.1 $ 327.9 $ 387.2 GAAP gross margin 58.1 % 75.4 % 70.4 % 73.9 % Non-GAAP gross margin 58.9 % 78.1 % 72.4 % 77.3 % GAAP operating margin -394.4 % 11.0 % -56.2 % 15.7 % Non-GAAP operating margin -9.8 % 37.2 % 23.5 % 37.8 % GAAP net (loss) income (2)(3) $ (230.1 ) $ 8.0 $ (310.8 ) $ 45.9 Non-GAAP net (loss) income $ (5.5 ) $ 28.4 $ 50.4 $ 107.2 Adjusted EBITDA $ (3.1 ) $ 38.8 $ 86.4 $ 155.9 Adjusted EBITDA margin -5.3 % 39.6 % 26.3 % 40.3 % GAAP net (loss) income per share - diluted $ (5.84 ) $ 0.20 $ (7.93 ) $ 1.17 Non-GAAP net (loss) income per share - diluted $ (0.14 ) $ 0.66 $ 1.24 $ 2.53”
Cerence Inc. reported Three Months Ended September 30, 2022 results: revenue $ 58.1, net income $ (230.1 ), EPS $ (5.84 ).
“Three Months Ended Twelve Months Ended September 30, September 30, 2022 2021 2022 2021 GAAP revenue $ 58.1 $ 98.1 $ 327.9 $ 387.2 GAAP gross margin 58.1 % 75.4 % 70.4 % 73.9 % Non-GAAP gross margin 58.9 % 78.1 % 72.4 % 77.3 % GAAP operating margin -394.4 % 11.0 % -56.2 % 15.7 % Non-GAAP operating margin -9.8 % 37.2 % 23.5 % 37.8 % GAAP net (loss) income (2)(3) $ (230.1 ) $ 8.0 $ (310.8 ) $ 45.9 Non-GAAP net (loss) income $ (5.5 ) $ 28.4 $ 50.4 $ 107.2 Adjusted EBITDA $ (3.1 ) $ 38.8 $ 86.4 $ 155.9 Adjusted EBITDA margin -5.3 % 39.6 % 26.3 % 40.3 % GAAP net (loss) income per share - diluted $ (5.84 ) $ 0.20 $ (7.93 ) $ 1.17 Non-GAAP net (loss) income per share - diluted $ (0.14 ) $ 0.66 $ 1.24 $ 2.53”
Thomas Beaudoin was appointed as Executive Vice President and Chief Financial Officer at Cerence Inc..
“appointed Thomas Beaudoin as Executive Vice President and Chief Financial Officer (and, in such capacity, the “principal financial officer” and “principal accounting officer” of the Company), effective May 5, 2022.”
Doug Davis was appointed as Director at Cerence Inc..
“appointed Doug Davis as a member of the Board and as a member of the Compensation Committee of the Board, effective immediately.”
Mark Gallenberger retired as Chief Financial Officer at Cerence Inc..
“Mr. Montagner will succeed Mark Gallenberger who retired from the Company effective March 11, 2022.”
Marc Montagner was appointed as Executive Vice President and Chief Financial Officer at Cerence Inc..
“On March 13, 2022, the Board of Directors of Cerence Inc. (the “Company”) appointed Marc Montagner as Executive Vice President and Chief Financial Officer of the Company, effective April 4, 2022.”
Mark Gallenberger departed as Chief Financial Officer at Cerence Inc..
“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.”
Leanne Fitzgerald resigned as General Counsel and Secretary at Cerence Inc..
“On February 2, 2022, Leanne Fitzgerald, General Counsel and Secretary of Cerence Inc. (the “ Company ”), resigned from her positions with the Company to pursue another opportunity.”
Sanjay Dhawan resigned as President and Chief Executive Officer and director at Cerence Inc..
“Sanjay Dhawan, who resigned as President and Chief Executive Officer and director of the Company on December 14, 2021, effective December 15, 2021.”
Stefan Ortmanns was elected as Class III director at Cerence Inc..
“the Board elected Dr. Ortmanns as a Class III director”
Stefan Ortmanns was appointed as President and Chief Executive Officer at Cerence Inc..
“unanimously appointed Stefan Ortmanns as President and Chief Executive Officer”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.