Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

The Street showed no mercy to Nuance (NUAN -18.5%) in response to its EPS miss and forecast for...

  • Friday, February 8, 6:38 PM ET
    The Street showed no mercy to Nuance (NUAN -18.5%) in response to its EPS miss and forecast for multiple quarters of weakness in healthcare and EMEA sales. Goldman thinks Nuance's goal of $1B in FY13 healthcare sales is now at risk, and Needham (downgrading to Hold) is concerned about guidance for a 200-250 bps FY13 gross margin drop, worse than a prior forecast. Management suggested on the earnings call it's counting on clinical documentation software sales and PC/mobile OEM deals to drive future growth.
Track new comments on this story

This news story has 3 comments:

  •  
    Shows what could happen to CRM.
    9 Feb, 04:40 AM Reply Like
  •  
    When NUAN fell more than eighteen percent, it more than took into account the outlook for the company, reflecting the fragile psychology of traders in this market. It is still the same company, dominant in its field and with a bright long term future.
    9 Feb, 10:39 AM Reply Like
  •  
    we went long on it last Friday for a quick flip. $1.75 for 2013 is not all that bad - bad part is their debt.
    10 Feb, 12:55 PM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)

TECH ETFs IN FOCUS

Latest Tech Articles
More Latest Articles »