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Wednesday, Nov 23
2011, 2:52 PM
Nuance (NUAN -0.2%) is outperforming after beating FQ4 estimates, and guiding in prepared...
Nuance (NUAN -0.2%) is outperforming after beating FQ4 estimates, and guiding in prepared remarks (.pdf) for FY12 revenue of $1.66B-$1.71B ($1.61B consensus) and EPS of $1.55-$1.62 ($1.60 consensus). Deutsche is pleased with the rebound in Nuance's enterprise business, while Canaccord thinks Apple's Siri, which is believed to use Nuance's software, will compel rivals to develop similar services.