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Cerence (CRNC)
NASDAQ:CRNC
US Market

Cerence (CRNC) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Aug 12, 2025
TBA Not Confirmed
Period Ending
2025 (Q3)
Consensus EPS Forecast
-0.12
Last Year’s EPS
0.19
Same Quarter Last Year
Based on 5 Analysts Ratings

Earnings Call Summary

Earnings Call Date:May 07, 2025
|
% Change Since: 1.80%
|
Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Positive
The earnings call presented a strong quarter for Cerence, with revenue and EBITDA exceeding guidance, a marked improvement in free cash flow, and successful cost management. However, the company also faced challenges with professional services revenue, exchange rate impacts, and ongoing IP lawsuits. Despite these challenges, the positive highlights, such as new partnerships and successful product launches, suggest a favorable outlook for the company.
Company Guidance
During Cerence's Q2 2025 earnings call, the company reported exceeding their high-end guidance with a revenue of $78 million and an adjusted EBITDA of $29.5 million. They also generated a robust free cash flow of $13.1 million, marking the fourth consecutive quarter of positive free cash flow. Consequently, Cerence raised its full-year guidance for both adjusted EBITDA and free cash flow. The company achieved a gross margin of 77%, surpassing the high-end of their guidance range, and ended the quarter with $122.8 million in cash and marketable securities. Despite facing macroeconomic challenges, including potential impacts from tariffs, Cerence remains optimistic, citing strong customer interest in their AI solutions and significant progress in expanding their market reach beyond automotive, as evidenced by a new partnership with Code Factory to introduce VoiceTopping. Additionally, Cerence is strategically investing in IP protection, with ongoing lawsuits against Samsung, Microsoft, and Nuance for patent and copyright infringements.
Exceeded Revenue and EBITDA Guidance
Cerence reported Q2 2025 revenue of $78 million, surpassing the guidance range of $74 million to $77 million. Adjusted EBITDA also exceeded expectations at $29.5 million.
Fourth Consecutive Quarter of Positive Free Cash Flow
The company generated a strong free cash flow of $13.1 million, marking the fourth consecutive quarter of positive free cash flow.
Increase in Connected Services Revenue
Connected Services revenue in Q2 was $12.6 million, reflecting a positive sign of increased demand for connected vehicles.
Successful Launch of Cerence XUI
Cerence launched its hybrid Agentic AI assistant platform, Cerence XUI, reaching significant milestones and showcasing it in multiple languages.
Strong Customer Interest and New Partnerships
The company reported continued customer interest in their offerings, with new partnerships and deals with top automakers like JLR and Renault.
Significant Cost Management Achievements
Non-GAAP operating expenses were reduced by 32% compared to the same quarter last year, highlighting successful cost management and restructuring efforts.

Cerence (CRNC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CRNC Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 12, 2025
2025 (Q3)
-0.12 / -
0.19
May 07, 2025
2025 (Q2)
0.30 / 0.56
-0.09718.89% (+0.65)
Feb 06, 2025
2025 (Q1)
-0.26 / -0.03
1.12-102.68% (-1.15)
Nov 21, 2024
2024 (Q4)
-0.36 / -0.07
0.09-177.78% (-0.16)
Aug 08, 2024
2024 (Q3)
0.03 / 0.19
-0.04575.00% (+0.23)
May 09, 2024
2024 (Q2)
-0.22 / -0.09
-0.04-125.00% (-0.05)
Feb 06, 2024
2024 (Q1)
0.92 / 1.12
0.36211.11% (+0.76)
Nov 27, 2023
2023 (Q4)
0.15 / 0.09
-0.14164.29% (+0.23)
Aug 08, 2023
2023 (Q3)
-0.15 / -0.04
0.43-109.30% (-0.47)
May 09, 2023
2023 (Q2)
-0.13 / -0.04
0.33-112.12% (-0.37)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CRNC Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 07, 2025
$10.00$8.78-12.20%
Feb 06, 2025
$12.74$14.48+13.66%
Nov 21, 2024
$2.82$5.83+106.74%
Aug 08, 2024
$2.37$2.77+16.88%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cerence (CRNC) report earnings?
Cerence (CRNC) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
    What is Cerence (CRNC) earnings time?
    Cerence (CRNC) earnings time is at Aug 12, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CRNC EPS forecast?
          CRNC EPS forecast for the fiscal quarter 2025 (Q3) is -0.12.

            Cerence (CRNC) Earnings News

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