Cerence Inc. provided earnings guidance for the Second Quarter ending March 31, 2026 and Full Year Fiscal year ending September 30, 2026. For second quarter, revenue is expected to be in the range of $58 million to $62 million, where $5 million of fixed license revenue contracts are currently expected to be signed during the quarter. Gross margins are projected between 71% and 72%, and the Company projects GAAP profitability to be between a net loss of $1 million to net income of $4 million.

Guidance for the full fiscal year ending September 30, 2026 is reaffirmed, with revenue expected to be in the range of $300 million to $320 million; net (loss) income projected to be in the range of $(8) million to $12 million.