Shares of Nuance Fall After Earnings Report

Loading...
Loading...
Shares of Nuance Communications
NUAN
traded lower -- down more than three percent -- after reporting earnings Monday afternoon. Nuance reported a fourth quarter earnings per share figure of $0.51, more than the $0.48 estimated. However, revenue missed expectations, coming at $490.1 million -- lower than the $496.51 million that was anticipated. Guidance was also mixed. Nuance guided fiscal-year 2013 EPS higher, $184-1.94 (expectations were for $1.84), but guided first quarter EPS lower: $0.33-0.37, less than the $0.41 that was anticipated.
Posted In: EarningsNewsGuidanceIntraday UpdateAfter-Hours CenterMoversTrading Ideas
We simplify the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...