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Stock impact report

Cerence (CRNC) Q2 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Cerence Inc. (CRNC) 
Last cerence inc. earnings: 2/11 07:00 am Check Earnings Report
Chief Financial Officer — Tony Rodriguez Chief Revenue Officer — Christian Mentz Need a quote from a Motley Fool analyst? Email pr@fool.com Takeaways Total revenue -- $64.2 million, exceeding the high end of the $58 million to $62 million guidance range. Adjusted EBITDA -- $7.2 million, above the upper end of the $2 million to $6 million guidance range. Free cash flow -- $13.6 million, with guidance for the full year raised by $10 million, an increase of 16% at midpoint. Variable license revenue -- $31.8 million, representing a 6% year-over-year increase. Connected services revenue -- $15.3 million, up 21% year over year due to a higher attach rate and expanded connected installed base. Professional services revenue -- $11.3 million, a 19% year-over-year decrease attributed to standardization efforts and revenue deferrals from bundled deals. Fixed license revenue -- $5.8 million, down from $21.5 million in the prior year period; management stated this is due to co Show less Read more
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