In a recent article, I discussed how unwarranted executive compensation at Nuance (NUAN) was holding the company back from reaching its full potential while also destroying shareholder value. Another topic under scrutiny has been Nuance's declining financials due to the transition from a licensing revenue model to a subscription based model, including software as a service ((SaaS)). The short term implications of this move have lowered the company's operating results and forward guidance which in turn have altered shareholder perception. However, in the grand scheme of things, a subscription based model will benefit Nuance. I believe this is widely misunderstood and will ultimately help Nuance double in price next year.
SaaS gaining traction; replacing licensing revenue model...
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