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Needham says Nuance (NUAN +0.5%) reported strong FQ2 results last night, but the company's Q1...
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Friday, May 11, 2012, 12:42 PM ETNeedham says Nuance (NUAN +0.5%) reported strong FQ2 results last night, but the company's Q1 and Q2 organic growth rates for mobile/consumer will likely raise questions about the acceleration of revenues from mobile and that the recently closed acquisition of Transcend accounts for most of the revenue guidance raise. The firm maintains a Buy rating on the shares.
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