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Nuance Communications, Inc. Q1 Earnings Rise

Nuance Communications, Inc. (NUAN) announced a profit for its first quarter that climbed from last year.

The company said its bottom line rose to $80.67 million, or $0.27 per share. This was up from $76.89 million, or $0.26 per share, in last year's first quarter.

Analysts had expected the company to earn $0.26 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.9% to $501.65 million. This was up from $487.66 million last year.

Nuance Communications, Inc. earnings at a glance:

-Earnings (Q1): $80.67 Mln. vs. $76.89 Mln. last year.
-Earnings Growth (Y-o-Y): 4.9%
-EPS (Q1): $0.27 vs. $0.26 last year.
-EPS Growth (Y-o-Y): 3.8%
-Analysts Estimate: $0.26
-Revenue (Q1): $501.65 Mln vs. $487.66 Mln last year.
-Revenue Change (Y-o-Y): 2.9%

by RTT Staff Writer

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