Cerence Inc. 8K

Cerence Inc. reported stronger Q3 FY2026 results, raised its AI business momentum, issued Q4 and full-year guidance, and initiated a $30 million, 12‑month stock repurchase program authorized by its Board of Directors.

Cerence Inc. reported its third quarter fiscal 2026 results for the period ended June 30, 2026, showing 12% year-over-year revenue growth to $69.6 million, GAAP net income of $1.5 million, and a 50% year-over-year increase in adjusted EBITDA to $13.5 million, alongside $20 million of operating cash flow and approximately $19.6 million in free cash flow; the company highlighted over 20% growth in Connected Services revenue, new AI-related business wins including a multi-brand Cerence xUI award from Stellantis and the first customer for its Mobile Work Agent, issued financial guidance for Q4 and full-year fiscal 2026, and announced that its Board of Directors authorized the company’s first-ever stock repurchase program permitting up to $30 million of common stock repurchases over the next 12 months, to be funded primarily from existing cash and operating cash flows.

Filing Facts

CIK

1768267

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-054286

Alert Tier

7