Nuance Announces Fourth Quarter and Fiscal Year 2019 Results
Nuance Communications, Inc. (NUAN)
Last nuance communications, inc. earnings: 2/5 04:18 pm
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Source: GlobeNewswire
Revenue growth at high end of range, beating operating margin and EPS guidanceStrength in Dragon Medical cloud offerings, exceeding full-year ARR guidance with 38% growthSuccessful completion of October 1st Automotive spinExited year as a simpler, more growth-focused company BURLINGTON, Mass., Nov. 20, 2019 (GLOBE NEWSWIRE) -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its fourth quarter and fiscal year ended September 30, 2019. ASC 606 Q4 2019 Performance Summary (1) GAAP revenue of $470.7 million and GAAP earnings per diluted share of $0.37.Non-GAAP revenue of $472.0 million and non-GAAP earnings per diluted share of $0.33. ASC 605 Q4 2019 Performance Summary (1) ASC 605 revenue of $487.8 million and earnings per diluted share of $0.42.Non-GAAP revenue of $489.3 million and non-GAAP earnings per diluted share $0.34. (1) As a reminder, effective October 1, 2018, Nuance adopted the ASC 606 revenue recognition standard using the modified re
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