— 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
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
