Nuance Communications, Inc. (NUAN) - NASDAQ
  • Jun. 26, 2014, 1:56 PM
    • Nuance's (NUAN -2.9%) acquisition talks have been slowed by deal complexities, sources tell dealReporter.
    • The WSJ reported on June 16 Nuance (presumably with Carl Icahn's blessing) is exploring a possible sale, and has held talks with P-E firms and Samsung.
    • Among the likely challenges facing a deal: Nuance's product line covers markets ranging from healthcare (still over half of op. profit) to mobile to enterprise, and a buyer may only be interested in parts of the business. Also, the fact the company's software and services support a wide array of platforms (iOS, Android, Windows, etc.) means a sale to a suitor such as Samsung could alienate some existing clients.
    | Jun. 26, 2014, 1:56 PM | 11 Comments
  • Jun. 16, 2014, 12:52 PM
    • Sources tell the WSJ Nuance (NUAN +8.5%) has recently held talks with Samsung and P-E firms about a potential sale. However, it isn't clear where the talks currently stand.
    • Nuance's voice recognition tech helps power Samsung's S-Voice platform, and has been integrated within Samsung phones, tablets, TVs, and smartwatches.
    • It also helps power Apple's Siri - Cupertino likely wouldn't be pleased with a Samsung deal.
    • With a current $5.8B market cap, Nuance would be a big fish to digest. 11% of the float was shorted as of May 30.
    • Earlier: Nuance reportedly exploring sale
    | Jun. 16, 2014, 12:52 PM | 11 Comments
  • Jun. 16, 2014, 12:38 PM
    • The WSJ reports Nuance (NUAN +7.5%) is exploring a possible sale. Shares have spiked higher in response.
    • The voice recognition software leader has occasionally been the subject of M&A speculation, thanks in part to Carl Icahn's large stake.
    | Jun. 16, 2014, 12:38 PM | 6 Comments
  • May 8, 2014, 4:31 PM
    • Nuance (NUAN) guides in its prepared remarks (.pdf) for FY14 (end in September) revenue of $2B-$2.04B, below a $2.06B consensus. Due to planned cost cuts, the company is upping its FY14 EPS guidance by $0.02 to $1.09-$1.19 (consensus is at $1.12). FQ3 EPS is expected to be in a range of $0.24-$0.29, below a $0.30 consensus.
    • Bookings rose 43% Y/Y in FQ2 (up from 26% growth in FQ1) to $638M. As a result, Nuance has hiked its FY14 bookings forecast by $100M to $2.25B-$2.35B. Deferred revenue, boosted by the ongoing shift to cloud/recurring revenue streams, rose 4% Q/Q and 30% Y/Y to $504.9M.
    • Gross margin fell 40 bps Q/Q and 280 bps Y/Y to 61.6%. Opex rose 7% Y/Y to $264.6M.
    • NUAN now -1.2% AH. FQ2 results, PR.
    | May 8, 2014, 4:31 PM
  • May 8, 2014, 4:05 PM
    • Nuance Communications (NUAN): FQ2 EPS of $0.28 beats by $0.05.
    • Revenue of $490M (+1.2% Y/Y) beats by $5.83M.
    • Shares +3.99%.
    | May 8, 2014, 4:05 PM
  • Mar. 13, 2014, 2:34 PM
    • Janet Dillione, head of Nuance's (NUAN -2.4%) healthcare unit, is resigning from her position, effective March 21. (8-K)
    • Nuance's healthcare division saw only 1% Y/Y organic rev. growth in the December quarter, though that was better than the 7% decline seen by the company overall. The division was responsible for 46% of Nuance's revenue, and 58% of its op. profit (though its op. margin fell to 35% from 41%).
    • The unit has seen its mainstay transcription services ops pressured by a shift to electronic health record (EHR) systems and Nuance's Dragon Medical software. Dragon Medial, diagnostics, and clinical documentation software sales have been faring relatively well.
    • Oppenheimer (Outperform) isn't surprised by Dillione's departure, given recent execution issues and Nuance's ongoing shift (in healthcare and elsewhere) towards term licenses/recurring revenue streams. The firm also notes Nuance just hired a new sales chief.
    | Mar. 13, 2014, 2:34 PM | 4 Comments
  • Jan. 22, 2014, 9:09 AM
    | Jan. 22, 2014, 9:09 AM
  • Jan. 21, 2014, 5:46 PM
    | Jan. 21, 2014, 5:46 PM | 1 Comment
  • Jan. 21, 2014, 4:35 PM
    • Nuance (NUAN) now expects to report FQ1 (Dec. quarter) revenue of $487M-$491M and EPS of $0.23-$0.24. That's above prior guidance of $477M-$487M and $0.18-$0.21, and a consensus of $482.5M and $0.20. (PR)
    • Nuance also announces it has hired former Symantec sales EVP Bill Robbins to be its new sales chief.
    • FQ1 results arrive on Feb. 10. Nuance's shares were battered after the company provided disappointing FQ1 and FY14 guidance in November.
    | Jan. 21, 2014, 4:35 PM | 6 Comments
  • Jan. 15, 2014, 1:53 PM
    • Ahead of a JPMorgan conference presentation (webcast), Allscripts (MDRX +9.1%) has forecast it will see a 5%-8% revenue CAGR and an 18%-22% adjusted EBITDA CAGR in the 2014-2016 timeframe. (8-K)
    • With the healthcare software provider currently expected to post just 4.3% 2014 revenue growth (following a 6.5% 2013 decline), investors are pleased with the numbers.
    • Peer Quality Systems (QSII +2%) is also higher, as is electronic health record (EHR) software partner Nuance (NUAN +1.7%), whose healthcare ops have been pressured by a shift away from transcription sales. Quality recently fell after issuing a Dec. quarter warning.
    • Allscripts' Q4 report arrives on Feb. 20.
    | Jan. 15, 2014, 1:53 PM
  • Nov. 26, 2013, 12:45 PM
    | Nov. 26, 2013, 12:45 PM
  • Nov. 25, 2013, 5:42 PM
    | Nov. 25, 2013, 5:42 PM
  • Nov. 25, 2013, 5:00 PM
    • For the second straight quarter (previous), Nuance (NUAN) has beat quarterly estimates and provided below-consensus guidance. In prepared remarks, the voice recognition software leader guides for FQ1 revenue of $477M-$487M and EPS of $0.18-$0.21, below a consensus of $494.7M and $0.33. Also, Nuance is guiding for FY14 (ends Sep. '14) revenue of $2.03B-$2.09B and EPS of $1.05-$1.15, largely below a consensus of $2.08B and $1.41.
    • One bright spot: Nuance forecasts FY14 bookings of $2.15B-$2.25B, up from an FY13 level of $1.92B and implying a book-to-bill above 1 (FY13 book-to-bill was 0.98).
    • Nuance once more says the transition to cloud/subscription-based sales from up-front licenses is hurting near-term revenue. The company also states ongoing weakness in healthcare transcription sales (previous), smartphone consolidation (gives Apple/Samsung more control), and the adoption of services-based mobile models (such as Siri) will hurt FY14 sales. Meanwhile, major mobile, cloud, and healthcare R&D investments will pressure EPS.
    • On the other hand, Nuance expects growth in the enterprise, automotive, diagnostics, and managed print services markets, as well as for its DragonTV, Clintegrity (clinical documentation), and voicemail-to-text offerings.
    • NUAN -4.9% AH. CC at 5PM ET. FQ4 results, PR.
    | Nov. 25, 2013, 5:00 PM
  • Nov. 25, 2013, 4:26 PM
    • Nuance Communications (NUAN): FQ4 EPS of $0.30 beats by $0.01.
    • Non-GAAP revenue of $490.4M beats by $0.84M. GAAP revenue of $472.24M. Shares -3.1% AH. (PR)
    | Nov. 25, 2013, 4:26 PM | 7 Comments
  • Nov. 4, 2013, 2:45 PM
    • M&A rumors are once more giving Nuance (NUAN +2.1%) a lift. Such rumors have popped up occasionally since Carl Icahn, who now has a 17% stake in Nuance and two board seats, disclosed a position in the company in April.
    • Also: Deutsche is arguing Nuance's 30% YTD pullback translates into a buying opportunity, and that the voice recognition software leader's FQ4 report (due Nov. 25) could act as a turning point.
    • 6% of the float was shorted as of Oct. 15.
    | Nov. 4, 2013, 2:45 PM | 10 Comments
  • Sep. 12, 2013, 2:40 PM
    • A number of companies are outperforming or underperforming the market following executive presentations made either today or after the close yesterday at Deutsche's dbAccess Technology Conference.
    • Winners include YuMe (YUME +5.3%), Proofpoint (PFPT +2.5%), STMicroelectronics (STM +5.9% - previous), Angie's List (ANGI +1.4%), Synchronoss (SNCR +1.4%), Bazaarvoice (BV +1.3%), and Finisar (FNSR +1.2%).
    • Decliners include Nuance (NUAN -2%), Marin Software (MRIN -3.7%), Calix (CALX -1.5%), Xerox (XRX -1.5%), and Enphase Energy (ENPH -1.6%).
    • Yesterday's movers, conference schedule
    | Sep. 12, 2013, 2:40 PM
Company Description
Nuance Communications, Inc. provides voice and language solutions for businesses and consumers around the world. Its solutions are used in healthcare, mobile, consumer, enterprise customer service and imaging markets. The company products are based on proprietary voice and language platform. It... More
Sector: Technology
Industry: Application Software
Country: United States