Nuance Communications' first-quarter loss widened on the heels of several acquisitions, but the company forecast a strong second quarter.
The Burlington, Mass. speech-recognition software company said first-quarter revenue rose 46% to $195 million, from $133.4 million in the same quarter of the prior year.
Excluding $14 million lost to purchase accounting, revenue was $209.1 million. Analysts were expecting $200 million, according to Thomson Financial.
The company's loss widened to $15.4 million or 8 cents a share, from $1.2 million, or a penny a share, one year ago.
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www.getdesign.in - My periodic blog exploring the world of business, experience design and interaction, with a smattering of gadgetry and social media. A world where business, people and technology meet.
Let's Fix Things: For over two decades I've been consulting in Communications Design: Everything from business strategy and processes, through to technology, interaction and customer experience. The thoughts here are my own, not necessarily that of my employer.
I have a penchant for spotting patterns and fixing broken user and customer experiences. Even my Bumblebee project hasn't escaped - I've been using Six Sigma techniques to study and predict their behaviour patterns. ☺