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Market Overview

Recap: Nuance Communications Q2 Earnings

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Shares of Nuance Communications (NASDAQ:NUAN) rose in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 4.76% year over year to $0.20, which beat the estimate of $0.17.

Revenue of $346,977,000 declined by 6.11% year over year, which beat the estimate of $344,050,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Recent Stock Performance

Company's 52-week high was at $53.93

52-week low: $18.84

Price action over last quarter: Up 7.37%

Company Description

Nuance Communications Inc is the pioneer in conversational AI innovations that bring intelligence to everyday work and life. The company delivers solutions that understand, analyze, and respond to people amplifying human intelligence to increase productivity and security. Its operating segment includes Healthcare; Enterprise; and Other. The company generates maximum revenue from the Healthcare segment. Its Healthcare segment is primarily engaged in providing clinical speech and clinical language understanding solutions that improve the clinical documentation process, from capturing the complete patient record to improving clinical documentation and quality measures for reimbursement. Geographically, it derives a majority of revenue from the United States.

 

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