Nuance (NUAN) Issues Preliminary Q4 Results, Sees Coming in Better than Prior Expectations

October 18, 2011 8:51 AM EDT
Nuance Communications, Inc. (Nasdaq: NUAN) today announced preliminary revenue, EPS and cash flow from operations results for the fourth quarter fiscal 2011, ended September 30, 2011.

Based on preliminary financial data, Nuance expects Q4 11 non-GAAP revenues between $396 million and $400 million; GAAP revenues between $363 million and $367 million; non-GAAP EPS between $0.41 and $0.42 per diluted share; GAAP EPS between ($0.05) and ($0.03) per diluted share; and cash flow from operations of approximately $90 million.

The Street currently sees revenue of $388.75 million and earnings of 40 cents per share.

The preliminary expectations are subject to revision until the Company reports final Q4 11 results on November 22, 2011.

On August 9, 2011, Nuance provided initial guidance for Q4 11 of non-GAAP revenues between $380 and $395 million; GAAP revenues between $355.3 and $370.3 million; non-GAAP EPS between $0.38 and $0.41; and GAAP EPS between ($0.07) and ($0.04).


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