Nuance Communications (NUAN) Tops Q2 EPS by 4c, Updates Guidance

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Go back to Nuance Communications (NUAN) Tops Q2 EPS by 4c, Updates Guidance

Nuance Announces Second Quarter 2020 Results

May 7, 2020 4:01 PM EDT

BURLINGTON, Mass., May 7, 2020 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its second quarter ended March 31, 2020.

Q2 2020 Performance Summary

GAAP revenue of $369.3 million and GAAP earnings per diluted share of $(0.05). Non-GAAP revenue of $369.5 million and non-GAAP earnings per diluted share of $0.21.

"Despite COVID-19, we had another excellent quarter, with revenue and EPS exceeding the high end of our guidance," said Mark Benjamin, Chief Executive Officer at Nuance.  "We achieved 11% year-over-year organic revenue growth, with strength from both our Healthcare and... More