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Nuance Communications, Inc. is a provider of voice and language solutions for businesses and consumers globally. LINK
Icahn Boosts Stake In Nuance Communications To Nearly 19% READFor the nine months ended 30 June 2013, Nuance Communications Inc. revenues increased 17% to $1.38B. Net loss applicable to common stockholders totaled $82.9M vs. income of $88.5M. Revenues reflect Healthcare segment increase from $184.5M to $684.9M, Mobile and Consumer segment increase from $132.4M to $358.9M, Enterprise segment increase from $74.5M to $237M, United States segment increase from $294.4M to $1B.
Nuance could find more growth is in electronic health records. With the ability to transform spoken instructions into digital records. This technology sector has been a source of growth for Nuance, with revenue from health care rising 29% in its most recent quarter, compared to a 16% drop in its consumer and mobile segment.
ITZ is taking a new position, in Nuance Communications (NUAN) around $14 -- set PT $18- STOP $13
5 comments:
$NUAN Raise stop from $13 to $14.50
Nuance Surges 9%: Pre-Announces FYQ1 Rev, EPS Ahead of Consensus
Shares of speech-recognition software vendor Nuance Communications (NUAN) are up $1.31, or almost 9%, at $16.20, after the company this afternoon pre-announced fiscal Q1 revenue and earnings per share ahead of consensus,
Revenue in the three months ended in December is expected to be in a range of $487 million to $491 million, with EPS of 23 cents to 24 cents.
The forecast is higher than the company’s previous forecast for $477 million to $487 million in revenue and 18 cents to 21 cents in EPS.
Analysts had been modeling revenue of $481 million and 20 cents per share.
The pre-announcement came in conjunction with the company’s announcement it has named Symantec (SYMC) veteran Bill Robbins as head of worldwide sales.
Nuance will report full results on February 10th.
http://blogs.barrons.com/techtraderdaily/2014/01/21/nuance-surges-8-pre-announces-fyq1-rev-eps-ahead-of-consensus/ … via @barronsonline
Looking to raise stop... will follow up on open tomorrow morning...
Suggest selling 1/2 position on open around $16 & placing a stop on remaining 1/2 @ 15.50.
sold 1/2 position on open $16.05 for +$2.05 +14.64% vs entry on 12/5/13 @ $14. Hold remaining 1/2 position with stop set @ $15.50
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