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Nuance Communications Fiscal Q2 Results Rise from Year Ago

05/10/2021 12:11

04:11 PM EDT, 05/10/2021 (MT Newswires) -- Nuance Communications (NUAN) on Monday reported adjusted EPS of $0.20 in fiscal Q2, up from $0.16 a year ago, and surpassing analyst estimates of $0.17 in a Capital IQ poll.

Revenue grew to $347.0 million from $315.9 million a year ago, also exceeding the $345.5 million estimate.

Last month, Microsoft (MSFT) agreed to acquire Nuance for $56 per share in cash.

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