Appointed
Marion Harris
Director
CRNC ·
Cerence Inc.
appointed Marion Harris as a member of the Board, effective April 1, 2025.
Ready 8-Ks
24
Latest filing
May 7, 2026, 7:59 PM ET
Top materiality
0.85
Event mix
earnings ×10 · leadership ×7 · other_material ×4
Sentiment
8 pos · 4 neg · 12 neu
Latest earnings
reported 2026-Q2
Executive change
recent →
Recent 8-K filings for CRNC
Highest-materiality recent filing
Cerence Reports Strong Q1 FY26 Results with Record Free Cash Flow and Adjusted EBITDA Above Guidance
- Q1 FY26 revenue was $115.1M, including a $49.5M patent license payment; GAAP net loss was $5.2M.
- Free cash flow reached a quarterly record of $35.6M, driven by net cash provided by operating activities of $37.9M.
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Cerence AI Q2 revenue $64.2M beats guidance; raises full-year outlook
Q2 revenue $64.2M, Adjusted EBITDA $7.2M, both above high end of guidance.
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Cerence Reports Strong Q1 FY26 Results with Record Free Cash Flow and Adjusted EBITDA Above Guidance
Q1 FY26 revenue was $115.1M, including a $49.5M patent license payment; GAAP net loss was $5.2M.
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Cerence Q4 revenue $60.6M beats guidance; FY26 rev guidance $300-320M, +23% YoY
Q4 GAAP revenue $60.6M, above high-end guidance; FY25 revenue $251.8M, also above guidance.
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Cerence settles patent litigation with Samsung; receives $49.5M lump sum payment
Cerence filed two patent infringement lawsuits against Samsung (Oct 2023, Mar 2024); Samsung counterclaimed in Jul 2024.
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Cerence Q3 revenue $62.2M beats guidance; net loss narrows to $2.7M; raises FY outlook
Revenue of $62.2M exceeded $57-61M guidance; GAAP net loss $2.7M vs loss of $313.5M a year ago.
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Cerence Q2 FY2025 revenue $78M beats guidance; net income $21.7M, raises FY profit guidance
GAAP revenue of $78.0M (up 15% YoY), GAAP net income of $21.7M ($0.46 diluted EPS) vs $67.8M and ($278.0M) a year ago.
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Cerence Q1 FY2025 revenue $50.9M down 63% YoY; GAAP net loss $24.3M
GAAP revenue $50.9M vs $138.3M prior year; GAAP net loss of $24.3M ($0.57 diluted loss per share).
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Cerence repurchases $27M of 3% convertible notes at 98.5% of par; terminates credit facility
Repurchased $27M aggregate principal of 3% Convertible Senior Notes due 2025 at 98.5% of par plus accrued interest.
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Cerence AI appoints Tony Rodriquez as permanent CFO with $475K salary and equity awards
Tony Rodriquez named EVP, CFO effective Nov 29, 2024; had served as interim CFO since June 2024.
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Cerence Q4 revenue $54.8M beats guidance, positive cash flow; FY25 outlook $236-247M
Q4 revenue $54.8M exceeded high end of guidance; cash flow from operations $6.1M positive.
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Cerence appoints Brian Krzanich as CEO, reaffirms Q4 FY2024 guidance
Brian Krzanich appointed President and CEO effective Oct 7, 2024; succeeds Stefan Ortmanns.
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Cerence Q3 GAAP net loss $313.5M; revenue $70.5M; restructuring with $18-22M charges
GAAP revenue $70.5M (+14% YoY); GAAP net loss $313.5M ($7.50 diluted loss) vs $16.5M loss a year ago.
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Cerence CTO Iqbal Arshad resigns; CPO Nils Schanz takes expanded role; Q3 guidance reaffirmed
CTO Iqbal Arshad resigns effective July 5, 2024; CPO Nils Schanz assumes CTO responsibilities.
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Cerence CFO Daniel Tempesta resigns; CEO Ortmanns takes interim finance role
Daniel Tempesta resigned as CFO for personal reasons, effective May 17, 2024; no disagreement with the company.
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Cerence Q2 revenue beat goodwill $252M charge; lowers FY24 guidance, withdraws multi-year plan
GAAP revenue $67.8M (above high end of guidance), vs $68.4M YoY; GAAP net loss $278M ($6.66/sh) due to ~$252M goodwill impairment.
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Cerence amends credit agreement: new EBITDA covenant, tighter leverage, maturity extended to 2026
Amendment No. 3: net secured leverage ratio ≤3.00x, minimum EBITDA from -$5M to $40M, liquidity ≥$50M, capex ≤$10M.
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Cerence appoints Daniel Tempesta as CFO, effective March 18, 2024
Tempesta, former Nuance CFO, will receive $500k base salary, 75% target bonus, and $6M in equity awards ($3M initial + $3M sign-on RSUs).
Executive changes
Appointed
Brian Krzanich
President and Chief Executive Officer
CRNC ·
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.
Departed
Iqbal Arshad
Chief Technology Officer
CRNC ·
Cerence Inc.
Iqbal Arshad notified the Company of his decision to resign as Chief Technology Officer of the Company.
Role change
Nils Schanz
Chief Technology Officer
CRNC ·
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.
Appointed
(interim)
Antonio Rodriquez
interim Chief Financial Officer
CRNC ·
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.
Appointed
(interim)
Katherine Roman
principal accounting officer
CRNC ·
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.
Departed
Daniel Tempesta
Chief Financial Officer
CRNC ·
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.
Appointed
(interim)
Stefan Ortmanns
principal financial officer
CRNC ·
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.
Appointed
Daniel Tempesta
Chief Financial Officer
CRNC ·
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.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.68 · Most common event earnings