Nuance sees better-than-expected Q2

Summary:Specifically, Nuance cited "a strong contribution from our enterprise business."

Nuance Communications, a voice recognition technology company, said the second quarter came in better than expectations.

The company said that it expects non-GAAP revenue to be between $416 million and $418 million with GAAP revenue between $389 million and $391 million. Non-GAAP earnings will be 42 cents a share to 43 cents a share.

Wall Street was expecting earnings of 38 cents a share on revenue of $405.5 million.

In February, Nuance projected non-GAAP earnings of 36 cents a share and 40 cents a share.

According to Nuance, the second quarter results are due to balanced growth across its portfolio of products. Specifically, Nuance cited "a strong contribution from our enterprise business."

Related: Nuance buys Transcend for $300 million, bolsters medical business

Topics: Banking


Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic. He was most recently Executive Editor of News and Blogs at ZDNet. Prior to that he was executive news editor at eWeek and news editor at Baseline. He also served as the East Coast news editor and finance editor at CN... Full Bio

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