Nuance Communications Q3 Adj. Profit Rises

(RTTNews) - Nuance Communications, Inc. (NUAN) reported third-quarter non-GAAP EPS of $0.16, compared to $0.14, last year. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.17, for the quarter. Analysts' estimates typically exclude special items.

GAAP net loss was $26.3 million, compared to net income of $2.3 million, a year ago. GAAP loss per share was $0.09, compared to profit of $0.01.

Revenue increased to $336.6 million from $298.6 million, last year. Healthcare revenue rose 22% year-over-year due to cloud revenue strength. Analysts expected revenue of $333.53 million, for the quarter.

Shares of Nuance Communications were down 2% in pre-market trade on Friday.