Nuance Communications (NUAN) Tops Q4 EPS by 2c

Nuance Communications (NASDAQ: NUAN) reported Q4 EPS of $0.41, $0.02 better than the analyst estimate of $0.39. Revenue for the quarter came in at $512.4 million versus the consensus estimate of $505.1 million.

“Nuance delivered strong performance for the fourth quarter and fiscal year across key financial metrics including net new bookings, revenue, recurring revenue, earnings, and deferred revenue,” said Dan Tempesta, Nuance’s CFO. “We remained focused on our cost discipline and transitioning the business toward recurring revenue models while strengthening our competitive position in important markets through our investments in innovation and additional offerings. We believe last year’s groundwork positions us well for organic growth in fiscal 2017 and beyond.”

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

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