Nuance Communications (NUAN) Tops Q2 EPS by 3c
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May 12, 2016 9:17 AM EDT
UBS analyst, Brent Thill, reiterated his Neutral rating on Nuance Communications (NASDAQ: NUAN) and cut his PT to $18 (from $19) after another bumpy quarter on the path to recurring revenue streams. No change to neutral rating.
NUAN's Q2 earnings report came in below consensus for top line metrics (revenues $487M vs. Street... More
May 11, 2016 7:53 AM EDT
Needham & Company reiterates a Hold rating on Nuance Communications (NASDAQ: NUAN) following the company's 2Q earnings report. Nuances $487.4m revenue was below $491m consensus, but EPS of $0.38 beat consensus of $0.35. NUAN reduced FY16 revenue guidance by $15m at the midpoint to $1975-2005m from $1980-2030m. EPS was raised by $0.06, both as a... More
May 11, 2016 7:07 AM EDT
Leerink Partners maintained an Outperform rating on Nuance Communications (NASDAQ: NUAN), and cut the price target to $22.00 (from $23.00), following the company's 2Q earnings report. Nuance reported non-GAAP revenue of $487.4m, 1% below consensus. The miss was driven by revenue model shift toward recurring revenue... More
