Nuance Communications, Inc. Earnings Advance 20% In Q4

(RTTNews) - Nuance Communications, Inc. (NUAN) revealed a profit for its fourth quarter that increased compared to the same period last year.

The company said its bottom line totaled $129.65 million, or $0.41 per share. This was higher than $107.61 million, or $0.33 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.3% to $513.32 million. This was down from $520.25 million last year.

Nuance Communications, Inc. earnings at a glance:

-Earnings (Q4): $129.65 Mln. vs. $107.61 Mln. last year. -Earnings Growth (Y-o-Y): 20.5% -EPS (Q4): $0.41 vs. $0.33 last year. -EPS Growth (Y-o-Y): 24.2% -Analysts Estimate: $0.35 -Revenue (Q4): $513.32 Mln vs. $520.25 Mln last year. -Revenue Change (Y-o-Y): -1.3%