Cerence AI Posts Strong Q3 Results, Launches Buyback Program
Cerence AI (CRNC) announced strong third-quarter fiscal 2026 results, with revenue up 12% year-over-year to $69.6 million and adjusted EBITDA increasing 50% to $13.5 million. The company also initiated a $30 million share repurchase program, reflecting confidence in its financial health and long-term strategy. …