— Nuance Communications Inc. (NASDAQ: NUAN) reported its fourth-quarter 2019 adjusted earnings of $0.34 per share under ASC 605 methodology versus $0.28 per share expected.
— Total revenues rose by 2% to $487.8 million versus $485.5 million expected. Adjusted revenue rose by 1.5% to $489.3 million.
— Organic revenue growth of 2% compared to the same period last year.
— Recurring revenue of $376.9 million, up 650 basis points year over year.
— Looking ahead into fiscal 2020, the company expects a continuation of the favorable business trends. Adjusted revenue is predicted to be $1.495-1.535 billion under ASC 606 methodology.
— Adjusted earnings are anticipated to be in the range of $0.80 to $0.88 per share for fiscal 2020 under ASC 606 methodology.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
