This Industry Could Drive Nuance's Recovery [The Motley Fool]
Nuance Communications, Inc. (NUAN)
Last nuance communications, inc. earnings: 2/5 04:18 pm
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US:NASDAQ Investor Relations:
investors.nuance.com/investor-relations
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Source: The Motley Fool
Investors weren't happy with the voice recognition company's results, but there's reason for optimism in the long run. One key part of the rush toward artificial intelligence is making sure that automated systems can communicate easily and effectively with their human users. Nuance Communications ( NASDAQ:NUAN ) has a huge head start in voice recognition technology, and despite its successes in areas like medical transcription, the tech company knows that in order to sustain its competitive advantage, it needs to use its lead to push forward with groundbreaking technological innovations. Coming into Wednesday's fiscal second-quarter financial report, Nuance investors wanted to see modest sales growth, and were prepared to accept slight declines on the bottom line. Nuance's numbers didn't quite meet even those low expectations, and the company's outlook wasn't entirely positive, either. But Nuance still has long-term promise as it finds new niche areas on which to foc
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