Nuance sees better-than-expected Q2

Nuance sees better-than-expected Q2

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

SHARE:
TOPICS: Banking
0

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

Topic: Banking

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Talkback

0 comments
Log in or register to start the discussion