Nuance Reports Preliminary Results for First Quarter, Revenue, EPS Better than Expected
Nuance today announced preliminary revenue, earnings per share (EPS), and cash flow from operations for first-quarter 2014. Based on preliminary financial data, it expects revenues between $467 million and $471 million, EPS of between ($0.19) and ($0.18) per share, and cash flow from operations of approximately $78 million. The preliminary expectations are subject to revision until Nuance reports its final first-quarter results on February 10th.
In November 2013, Nuance provided initial guidance for first-quarter 2014, with revenues between $458 and $468 million, and EPS between ($0.22) and ($0.19).
Nuance will release results for its first quarter after the market close on February 10th, and will provide a copy of prepared conference call remarks in combination with its press release. The remarks will be available at www.nuance.com/earnings-results in conjunction with the press release.
The conference call will begin at 5:00 p.m. EST. To access the live broadcast, visit the Investor Relations section of Nuance’s Website at www.nuance.com. The call can also be heard by dialing (800) 553-0327 or (612) 332-0632 at least five minutes prior to the call and referencing code 316887. A replay will be available within 24 hours of the announcement by dialing (800) 475-6701 or (320) 365-3844 and using the access code 316887.