Nuance (NUAN) Boosts Q2 EPS, Revs Outlook

April 26, 2012 8:04 AM EDT Send to a Friend
Nuance Communications, Inc. (Nasdaq: NUAN) announced preliminary revenue and EPS results for the second quarter fiscal 2012, ended March 31, 2012.

Based on preliminary financial data, Nuance expects Q2 12 non-GAAP revenues between $416 million and $418 million; GAAP revenues between $389 million and $391 million; non-GAAP net income between $0.42 and $0.43 per diluted share; and GAAP net income between $0.00 and $0.01 per diluted share. The preliminary financial results are subject to revision until the Company reports final Q2 12 results on May 10, 2012.

On February 9, 2012, Nuance provided initial guidance for Q2 12 of non-GAAP revenues between $395 and $415 million; GAAP revenues between $371 and $391 million; non-GAAP EPS between $0.36 and $0.40; and GAAP EPS between ($0.07) and ($0.03).

The Street is looking for EPS of 38 cents and revs of $405.5 million.


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