Nuance Announces Second Quarter 2020 Results
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Nuance Communications (NUAN) Tops Q2 EPS by 4c, Updates Guidance
May 7, 2020 4:18 PM EDTNuance Communications (NASDAQ: NUAN) reported Q2 EPS of $0.21, $0.04 better than the analyst estimate of $0.17. Revenue for the quarter came in at $369.3 million versus the consensus estimate of $352.99 million.
Guidance:
Lowering our revenue guidance to an updated range of $1,405 million to $1,485 million, a reduction of $70 million at the mid-point and an expansion of the range from $40 million to $80 million. This new revenue guidance range accommodates the COVID-19 related revenue impacts and takes into account the uncertainty about the duration of the crisis, magnitude of impact across our markets and pace of... More
