CRNC earnings
Cerence Inc. (CRNC) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Cerence AI Delivers Strong Q2 FY26 Results with Revenue Above Guidance; Raises and Refines Full-Year OutlookHeadlines 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 million in free cash flowContinued customer and technology momentum, with Cerence xUI-powered vehicles starting production and expanding adoption across Audio AI and generative AI solutions with global OEMsRaises midpoints of full-year revenue, Adjusted EBITDA and free cash flow guidance BURLINGTON, Mass., May 07, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today reporte
- Cerence to Announce Fiscal Second Quarter Results on May 7, 2026BURLINGTON, Mass., April 27, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, will announce its second quarter financial results for the quarter ended March 31, 2026, on Thursday, May 7, 2026, at 4:05pm Eastern Time / 1:05pm Pacific Time. The company will host a live conference call and webcast, with supplementary slides, to discuss the results on the same day at 4:30pm Eastern Time / 1:30pm Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available at investors.cerence.com. To learn more about Cerence AI, visi
- Cerence Delivers Strong Q1 FY26 Results, with Record-Setting Free Cash Flow, Adjusted EBITDA Above Guidance, and Accelerating Technology and Customer MomentumHeadlines Strong Q1 results with revenue of $115.1 million, including the $49.5M patent license payment; Net cash provided by operating activities of $37.9 million; and free cash flow of $35.6 million - a quarterly record for the Company, reflecting disciplined execution and profitabilityAccelerating innovation and customer momentum for Cerence xUI, with five significant customer programs and the first xUI-powered cars expected to hit roads in 2026; strong reception at CES 2026Advancing toward long-term sustainable growth, supported by cost discipline and debt reduction; Company reaffirms full‑year fiscal 2026 guidance BURLINGTON, Mass., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Cerence Inc.
- Cerence to Announce Fiscal First Quarter Results on February 4, 2026BURLINGTON, Mass., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, will announce its first quarter financial results for the quarter ended December 31, 2025, on Wednesday, February 4, 2026, at 4:05pm Eastern Time / 1:05pm Pacific Time. The company will host a live conference call and webcast, with supplementary slides, to discuss the results on the same day at 4:30pm Eastern Time / 1:30pm Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available at investors.cerence.com. To learn more about Cerence A
- Cerence Beats Upper End of Guidance, Delivering Strong Fourth Quarter and Fiscal Year 2025 Results; Projects 8% Growth in Core Technology Business in FY26Headlines Q4 revenue of $60.6 million and FY25 revenue of $251.8 million, both above high end of guidance range; Q4 Net cash provided by operating activities of $12.8 million and free cash flow of $9.7 millionFY25 net cash provided by operating activities of $61.2 million and free cash flow of $46.8 million, a nearly three-fold increase year-over-yearInitial FY26 revenue guidance of $300 million to $320 million marks a 23% year-over-year increase at the midpoint, including the results of the Company's first successful outcome in its efforts to protect and monetize its IPCompany continues to meet all milestones for its xUI platform while driving strong customer interest and adoption, with th
- Cerence to Announce Fiscal Fourth Quarter Results on November 19, 2025BURLINGTON, Mass., Nov. 05, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, will announce its fourth quarter financial results for the quarter ended September 30, 2025, on Wednesday, November 19, 2025, at 4:05pm Eastern Time / 1:05pm Pacific Time. The company will host a live conference call and webcast, with supplementary slides, to discuss the results on the same day at 5:00pm Eastern Time / 2:00pm Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available at investors.cerence.com/. To learn more about Ceren
- Cerence Announces Third Quarter Fiscal 2025 Results; Revenue and Profitability Exceed High End of GuidanceHeadlines Revenue of $62.2 million; Net cash provided by operating activities of $23.7M; Free cash flow of $16.1 million marks fifth consecutive positive quarterCompany raises and narrows full fiscal year guidance for revenue, adjusted EBITDA and free cash flowCompany continues to advance innovation and gain customer momentum for Cerence xUI, its hybrid LLM-based platform BURLINGTON, Mass., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today reported its third quarter fiscal year 2025 results for the quarter ended June 30, 2025. "I'm excited by our progress and proud of what our t
- Cerence to Announce Fiscal Third Quarter Results on August 6, 2025BURLINGTON, Mass., July 23, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, will announce its third quarter financial results for the quarter ended June 30, 2025, on Wednesday, August 6, 2025, at 4:05pm Eastern Time / 1:05pm Pacific Time. The company will host a live conference call and webcast, with supplementary slides, to discuss the results on the same day at 5:00pm Eastern Time / 2:00pm Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence
- Cerence Announces Second Quarter Fiscal 2025 Results; Revenue and Profitability Exceed High End of GuidanceHeadlines Revenue of $78M; free cash flow of $13.1M marks fourth consecutive positive quarterCompany reiterates full-year guidance for revenue and raises full-year guidance for profitability and cash flowContinued innovation and customer momentum for Cerence xUI, the company's next-gen platform BURLINGTON, Mass., May 07, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today reported its second quarter fiscal year 2025 results for the quarter ended March 31, 2025. Results Summary (1,2)(in millions, except per share data) Three Months Ended Six Months Ended March 31, March 31, 2025 2024 20
- Cerence to Announce Fiscal Second Quarter Results on May 7, 2025BURLINGTON, Mass., April 16, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, will announce its second quarter financial results for the quarter ended March 31, 2025, on Wednesday, May 7, 2025, at 4:05pm Eastern Time / 1:05pm Pacific Time. The company will host a live conference call and webcast, with supplementary slides, to discuss the results on the same day at 5:00pm Eastern Time / 2:00pm Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence.
- Cerence Announces First Quarter Fiscal 2025 ResultsBURLINGTON, Mass., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global industry leader in AI for transportation, today reported its first quarter fiscal year 2025 results for the quarter ended December 31, 2024. ResultsSummary(1,2)(in millions, except per share data) Three Months Ended December 31, 2024 2023 GAAP revenue $50.9 $138.3 GAAP gross margin 65.0% 81.0%Non-GAAP gross margin 65.9% 81.5%GAAP operating margin -33.3% 42.3%Non-GAAP operating margin -1.0% 49.4%GAAP net (loss) income $(24.3) $23.9 GAAP net (loss) income margin -47.7% 17.2%Non-GAAP net (loss) income $(1.5) $54.3 Adjusted EBITDA $1.4 $70.4 Adjusted EBITDA margin 2
- Cerence to Announce Fiscal First Quarter Results on February 6, 2025BURLINGTON, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC) ("Cerence AI"), a global industry leader in AI for transportation, will announce its first quarter financial results for the quarter ended December 31, 2024, on Thursday, February 6, 2025, at 4:05pm Eastern Time / 1:05pm Pacific Time. The company will host a live conference call and webcast, with supplementary slides, to discuss the results on the same day at 5:00pm Eastern Time / 2:00pm Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence.ai. To learn m
- Cerence Announces Fourth Quarter and Fiscal Year 2024 ResultsHeadlines Q4 Revenue exceeds high end of guidance; positive cash flow from operations of $6.1 millionTransformation plan on track to deliver net annualized cost savings of $35-$40 millionInitial FY25 revenue guidance of $236 to $247 millionRecord high of 22 platform launches in FY24, including 6 for generative AI solutions and 4 in Q4 BURLINGTON, Mass., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its fourth quarter and fiscal year 2024 results for the year ended September 30, 2024. Results Summary (1,2)(in millions, except per share data) Three Months Ended Twelve Months Ended September 30, September 30, 2024 2023 2024
- Cerence to Announce Fiscal Fourth Quarter Results on November 21, 2024BURLINGTON, Mass., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its fourth quarter financial results for the quarter ended September 30, 2024, on Thursday, November 21, 2024, at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence.com. To learn more about Cerence, visit
- Cerence Announces Third Quarter Fiscal Year 2024 ResultsHeadlines Q3 revenue in-line with guidance; positive cash flow from operations of $12.9 millionFive generative AI customer programs released to productionTransformation plans estimated to deliver net annualized cost savings of $35-40 million, predominantly realized in FY25 BURLINGTON, Mass., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its third quarter fiscal year 2024 results for the quarter ended June 30, 2024. Results Summary (1,2) (in millions, except per share data) Three Months Ended Nine Months Ended June 30, June 30, 2024 2023 2024 2023 GAAP revenue $70.5 $61.7 $276.7 $213.7 GAAP gross margin 71.5% 66.0% 75.7%
- Cerence to Announce Fiscal Third Quarter Results on August 8, 2024BURLINGTON, Mass., July 30, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its third quarter financial results for the quarter ended June 30, 2024 on Thursday, August 8, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor section of the company's website, www.cerence.com. To learn more about Cerence, visit www.cerence
- Cerence Announces Second Quarter Fiscal Year 2024 ResultsHeadlines Q2 revenue above the high end of the guidance range due to OEM-related adjustments; however, Company lowering its FY24 guidance and withdrawing its multi-year planIncluded in Q2 results is a Goodwill impairment charge of approximately $252 millionCompany believes that initial success with new generative AI products, including six design wins, and early validation of its next-gen platform will provide a solid foundation to reinvigorate future growth BURLINGTON, Mass., May 09, 2024 (GLOBE NEWSWIRE) -- 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. Results Summary (1,2) (in mi
- Cerence to Announce Fiscal Second Quarter Results on May 9, 2024BURLINGTON, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its second quarter financial results for the quarter ended March 31, 2024 on Thursday, May 9, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by dialing +1.888.596.4144 for U.S. and Canada or +1.646.968.2525 for international and then entering the conference ID 3095543#. Webcast access will be available in th
- Cerence Announces First Quarter Fiscal Year 2024 ResultsHeadlines Revenue and profitability exceed the high end of guidance, leading to six quarters of strong executionAnnounced AI partnerships with NVIDIA and MicrosoftMaintained a leadership position, with Cerence penetration staying strong at 54% of global auto productionNew business included a win-back for a large Japanese OEM, a program extension for a major North America OEM, and a major win in AIoT for a wearable product BURLINGTON, Mass., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its first quarter fiscal year 2024 results for the quarter ended December 31, 2023. Results Summary (1,2) (in millions, except per share data) T
- Cerence to Announce Fiscal First Quarter Results on February 6, 2024BURLINGTON, Mass., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its first quarter financial results for the quarter ended December 31, 2023 on Tuesday, February 6, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor Information section of the company's website at www.cerence.com. The teleconference replay w
- Cerence Announces Fourth Quarter and Fiscal Year 2023 ResultsHeadlines Revenue and profitability exceed the high end of the initially guided range for the full fiscal yearFive consecutive quarters of strong executionFourteen strategic design wins in the fiscal year including five competitive winbacksMaintain a leadership position with Cerence penetration staying strong at 54% of global auto productionFine-tuned LLM with Cerence vertical automotive dataset delivered to customers, advancing Destination Next software platform BURLINGTON, Mass., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its fourth quarter and fiscal year 2023 results for the year ended September 30, 2023. Result
- Cerence to Announce Fiscal Fourth Quarter and Full Year Results on November 27, 2023BURLINGTON, Mass., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its fourth quarter financial results for the quarter ended September 30, 2023 on Monday, November 27, 2023 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor Information section of the Company's website at www.cerence.com. The teleconference replay
- Cerence Announces Third Quarter Fiscal Year 2023 ResultsHeadlines On track to achieve full fiscal year revenue guidanceStrategic wins for connected services for a major Japanese OEM and Emergency Vehicle Detection for a major Korean OEM's ADAS platform Two-wheeler design win for major Japanese brand; four two-wheeler manufacturers start production (SOP)Successful convertible note offering leading to approximately $8 million in annual interest expense savings BURLINGTON, Mass., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its third quarter fiscal year 2023 results for the quarter ended June 30, 2023. Results Summary (1) (in millions, except per share data) Three Months Ended Nine Mon
- Cerence to Announce Fiscal Third Quarter Results on August 8, 2023BURLINGTON, Mass., July 26, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its third quarter financial results for the quarter ended June 30, 2023 on Tuesday, August 8, 2023 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering using the following link: Register Here Webcast access will be available in the Investor Information section of the company's website at www.cerence.c
- Cerence Announces Second Quarter Fiscal Year 2023 ResultsHeadlines Strong Core Business drives revenue and profitabilityBookings for the first six months of $263M with visibility into an expected strong second half of the fiscal yearCerence records another win-back for providing connected services in North America for a global luxury OEMGenerative AI drives enhanced version of Car Knowledge BURLINGTON, Mass., May 09, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its second quarter fiscal year 2023 results for the 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 Reven
- Cerence to Announce Fiscal Second Quarter Results on May 9, 2023BURLINGTON, Mass., April 27, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its second quarter financial results for the quarter ended March 31, 2023 on Tuesday, May 9, 2023 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor Information section of the Company's website at www.cerence.com. The teleconference replay will b
- Cerence Announces First Quarter Fiscal Year 2023 ResultsHeadlines Strong Core Business drives revenue and profitabilityCerence Co-Pilot wins four more customers, including two win-backs Cerence Ride wins three more design awards for two-wheelersInvestor Day sets "Destination Next" long-term growth strategy BURLINGTON, Mass., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its first quarter fiscal year 2023 results for the quarter ended December 31, 2022. Results Summary (1) (in millions, except per share data) Three Months Ended December 31, 2022 2021 GAAP Revenue $83.7 $94.4 GAAP Gross Margin 68.7% 74.3% Non-GAAP Gross Margin 70.4% 77.5% GAAP Operating Margin
- Cerence to Announce Fiscal First Quarter Results on February 8, 2023BURLINGTON, Mass., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its first quarter financial results for the quarter ended December 31, 2022 on Wednesday, February 8, 2023 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering here. Webcast access will be available in the Investor Information section of the company's website at www.cerence.com. The teleconference replay
- Cerence Announces Fourth Quarter and Fiscal Year 2022 ResultsHeadlines Delivered strong full fiscal new bookings at $684M, up 16% year over yearRecord fiscal year revenue for Professional Services Awarded strategic win-back program from big techCerence technology in 51% of global auto production BURLINGTON, Mass., Nov. 29, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its fourth quarter and fiscal year 2022 results for the year ended September 30, 2022. Results Summary (1) (in millions, except per share data) 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
- Cerence Announces Third Quarter Fiscal Year 2022 ResultsHeadlines Delivered strong performance in core automotive businessAchieved record professional services revenue, a key indicator of license and connected services growthSecured key wins and nominations including a win back from Big TechMaintained strong focus on productivity, performance-based operations and cost structuresEconomics, predictability, and visibility will be enhanced by returning to historical levels of fixed contracts BURLINGTON, Mass., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its third quarter fiscal year 2022 results for the quarter ended June 30, 2022. Results Summary (1)(
- Cerence to Announce Fiscal Third Quarter Results on August 9, 2022BURLINGTON, Mass., July 26, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its third quarter financial results for the quarter ended June 30, 2022 on Tuesday, August 9, 2022 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to join the audio conference call by registering using the following link: Register Here Webcast access will be available in the Investor Information section of the Company's website at www.cerence.com.
- Cerence Announces Second Quarter Fiscal Year 2022 ResultsHeadlines First half bookings total $448 million, up 53% compared to 1HFY21Bookings include a significant business increase with a North American OEMSeveral Chinese EV makers adopt Cerence technology for global expansionWon four more two-wheeler customers during 1HFY22Maintain full fiscal year 2022 guidance BURLINGTON, Mass., May 10, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its second quarter fiscal year 2022 results for the quarter ended March 31, 2022. Results Summary (1) (in millions, except per share data) Three Months Ended Six Months Ended March 31, March 31, 2022 2021 2022 2021GAAP Revenue $86.3 $98.7 $180.7 $192.3GAAP Gro
- Cerence to Announce Fiscal Second Quarter Results on May 10, 2022BURLINGTON, Mass., May 03, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its second quarter financial results for the quarter ended March 31, 2022 on Tuesday, May 10, 2022 at 7:00 a.m. EST / 4:00 a.m. PST. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to dial into the conference call by using 1.844.467.7116 (domestic) or +1.409.983.9838 (international) and entering the pass code 5990799. Webcast access will be available in the Investor Information section of the Company'
- Cerence Announces First Quarter Fiscal Year 2022 ResultsHeadlines Delivered second largest bookings quarter in the Company's historyExceeded most profitability metrics for the quarterSecured initial revenue contribution from fitness products, a new mobility marketWon another China-based two-wheeler customerCompany lowers FY2022 guidance BURLINGTON, Mass., Feb. 07, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its first quarter fiscal year 2022 results for the quarter ended December 31, 2021. Results Summary (1)(in millions, except per share data) Three Months Ended December 31, 2021 2020 GAAP Revenue $94.4 $93.6 GAAP Gross Margin 74.3% 71.3% Non-GAAP Gross Margin
- Cerence to Announce Fiscal First Quarter Results on February 7, 2022BURLINGTON, Mass., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its first quarter financial results for the quarter ended December 31, 2021 on Monday, February 7, 2022 at 7:30 a.m. EST / 4:30 a.m. PST. The company will host a live conference call and webcast, with accompanying slides to discuss the results, on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to dial into the conference call by using 1.844.467.7116 (domestic) or +1.409.983.9838 (international) and entering the pass code 8094176. Webcast access will be available in the Investor Information section of the co
- Cerence Board of Directors Promotes Dr. Stefan Ortmanns to Chief Executive Officer and DirectorBURLINGTON, Mass., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today announced that its Board of Directors has appointed Dr. Stefan Ortmanns, most recently Cerence's executive vice president and leader of its Core Products business, as president and chief executive officer. Ortmanns, an accomplished voice and automotive technology executive, succeeds Sanjay Dhawan, who has resigned from the company, effective immediately. Ortmanns also joins Cerence's Board of Directors, replacing Dhawan, effective immediately. Ortmanns has a proven track record of successfully leading strategy, technology roadmaps, customer commitments, and global teams at Cere
- Cerence Announces Fourth Quarter and Fiscal Year 2021 ResultsFourth Quarter and Fiscal Year Highlights Strong bookings of $590M in FY21 - increases backlog to approximately $2 billionMomentum for new products leads to orders representing nearly 20% of total bookingsWon first major customer in the building mobility market for the connected elevator of the futureVinFast, Vietnam's first domestic car company and a leader in electric vehicle innovation worldwide, selected Cerence to power conversational AI across its lineup of smart EVsCerence Pay receives coveted Automotive News PACE Award, the industry benchmark for innovationQuarterly revenue grew 7.5% year over year, full year revenue grew 17%Met or exceeded nearly all profitability metrics for the q
- Cerence to Announce Fourth Quarter and Full Fiscal Year Results on November 22, 2021BURLINGTON, Mass., Nov. 12, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, will announce its fourth quarter and full fiscal year 2021 financial results for the year ended September 30, 2021 on Monday, November 22, 2021 at 7:00 a.m. EST / 4:00 a.m. PST. The company will host a live conference call and webcast, with accompanying slides to discuss the results, on the same day at 10:00 a.m. Eastern Time / 7:00 a.m. Pacific Time. Interested investors and analysts are invited to dial into the conference call by using 1.844.467.7116 (domestic) or +1.409.983.9838 (international) and entering the pass code 6829375. Webcast access will be available in the Investor In
- Cerence Announces Strong Third Quarter 2021 ResultsCerence Third Quarter Highlights Revenue grew 29% year-over-yearExceeded company quarterly guidance on key GAAP and non-GAAP profitability metrics Increased FY24 revenue Target from $600M to $700M, and improved key profitability metrics Record number of auto SOPs (Start Of Production) from over 15 auto OEMsStrategic collaborations announced in the quarter with Sirius XM, Visteon and Harman BURLINGTON, Mass., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ:CRNC), AI for a world in motion, today reported its third fiscal quarter 2021 results for the quarter ended June 30, 2021. Results Summary (1)(in millions, except per share data) Three Months Ended Nine Months Ended June 30