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Nuance Communications Inc. (NUAN) Is Up After Q4 Profit Topped Estimates

Nuance Communications Inc. (NUAN) reported fourth quarter EPS of $0.20 after the bell Tuesday, down from $0.31 a year ago. Revenues fell 8.0% to $465.91 million, from $506.20 million last year. The consensus estimates were for EPS of $0.15 and revenues of $455.77 million. The stock is now up 0.56 on 210K shares.

Nuance Communications was range-bound until mid-morning Tuesday, but climbed for the rest of the session. Shares finished with a gain of 0.55 at $15.86 on above average volume. The stock rose to nearly a 1-month high.

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