Nuance Communications, Inc. is a provider of voice and language solutions for businesses and consumers globally. LINKIcahn Boosts Stake In Nuance Communications To Nearly 19% READ
For 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