Nuance Announces Third Quarter 2018 Results

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Nuance Communications (NUAN) Reports In-Line Q3 EPS, Revenues Beat; Lifts FY18 EPS Outlook

August 8, 2018 4:02 PM EDT

Nuance Communications (NASDAQ: NUAN) reported Q3 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $506 million versus the consensus estimate of $495.9 million.

We delivered solid Q3 18 results, including non-GAAP revenue above the high end of our guidance, non-GAAP diluted EPS slightly above the midpoint of our guidance, and 7% net new bookings growth, said Mark Benjamin, Nuances chief executive officer. In addition, we made significant changes to our Board of... More