Nuance Communications (NUAN) Tops Q2 EPS by 5c

Nuance Communications (NASDAQ: NUAN) reported Q2 EPS of $0.43, $0.05 better than the analyst estimate of $0.38. Revenue for the quarter came in at $511.1 million versus the consensus estimate of $498.76 million.

“Nuance delivered strong performance in the second quarter driven by demand for our enhanced solutions,” said Dan Tempesta, Nuance’s CFO. “We reported solid results in each of our key financial metrics including net new bookings, revenue, recurring revenue, and EPS. Our first half 2017 performance along with our outlook for the third quarter and rest of the year provide us with the confidence that we will maintain our momentum while, remaining focused on organic revenue growth and cost and expense discipline.”

For earnings history and earnings-related data on Nuance Communications (NUAN) click here.

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