Earnings ·
Cerence Inc. reported third-quarter fiscal 2026 results for the period ended June 30, 2026, with revenue of $69.6…
CRNCCerence Inc.
Cerence Inc. reported third-quarter fiscal 2026 results for the period ended June 30, 2026, with revenue of $69.6 million and GAAP net income of $1.5 million. Adjusted EBITDA reached $13.5 million, a 50% increase year-over-year, while operating cash flow was $20 million. The company also announced its first-ever stock repurchase program, authorizing the Board to purchase up to $30 million of common stock beginning August 10, 2026. Cerence Inc. operates in the automotive technology industry, providing conversational AI-powered user experiences and connected services for vehicles.