Nuance Communications Sees Q2 EPS of $0.42-43 vs $0.38 Est; Revenues $416-418 vs $405.53M Est

Nuance Communications, Inc. NUAN today announced preliminary revenue and EPS results for the second quarter fiscal 2012, ended March 31, 2012. Based on preliminary financial data, Nuance expects Q2 12 non-GAAP revenues between $416 million and $418 million; GAAP revenues between $389 million and $391 million; non-GAAP net income between $0.42 and $0.43 per diluted share; and GAAP net income between $0.00 and $0.01 per diluted share. The preliminary financial results are subject to revision until the Company reports final Q2 12 results on May 10, 2012. “A balanced performance across our markets enabled us to deliver 14% year-over-year organic revenue growth,” said Tom Beaudoin, chief financial officer at Nuance. “We were pleased to see a strong contribution from our Enterprise business.” On February 9, 2012, Nuance provided initial guidance for Q2 12 of non-GAAP revenues between $395 and $415 million; GAAP revenues between $371 and $391 million; non-GAAP EPS between $0.36 and $0.40; and GAAP EPS between ($0.07) and ($0.03).