Cerence Inc. (NASDAQ:CRNC) Q3 2022 Earnings Conference Call August 9, 2022 8:30 AM ET

Company Participants

Rich Yerganian – Senior Vice President-Investor Relations

Stefan Ortmanns – Chief Executive Officer

Tom Beaudoin – Chief Financial Officer

Conference Call Participants

Luke Junk – Baird

Joseph Spak – RBC Capital Markets

Mark Delaney – Goldman Sachs

Colin Langan – Wells Fargo

Nicholas Doyle – Needham & Company

Gavin Kennedy – Jefferies

Jeff Van Rhee – Craig-Hallum

Operator

Good day and thank you for standing by. Welcome to the Cerence Q3 2022 Earnings Conference Call. At this time all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator instructions] Please be advised that today’s conference is being recorded.

And I would now like to hand the conference over to your speaker today, Mr. Rich Yerganian, Senior Vice President of Investor Relations. Mr. Yerganian, please go ahead.

Rich Yerganian

Thank you, Chris. Welcome to Cerence’s third quarter fiscal year 2022 conference call. Before we begin, I would like to remind you that this call may involve certain forward-looking statements. Cerence makes no representations to update those statements after today. These statements are subject to the risks and uncertainties as described in our SEC filings including the Form 8-K with the press release preceding today’s call, our Form 10-Q filed on May 10, 2022, and our Form 10-K filed on November 23, 2021. In addition, the company may refer to certain non-GAAP measures, key performance indicators and pro forma financial information during this call. Please refer to today’s press release for further details of the definitions, limitations, and uses of those measures and reconciliations of non-GAAP measures to the closest GAAP equivalent. The press release is available in the IR section of our website.

Joining me on today’s call is Stefan Ortmanns, CEO of Cerence; and Tom Beaudoin, CFO of Cerence. As a reminder, the only authorized spokespeople for the company are Stefan, Tom, and me. Before handing the call over to Stefan, I would like to announce several upcoming investor events. The exact timing of our participation is subject to change, so please go to the Events section of our IR website for the latest information. The conferences include the Raymond James 2022 Diversified Industrials Conference on August 23rd in New York, the Evercore 2nd Annual TMT Conference on September 7th in New York, the RBC Capital Global Industrials Conference on September 13th in Las Vegas, and the Goldman Sachs 2022 Communacopia and Technology Conference on September 14th in San Francisco.