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Tuesday
Feb122008

Nuance Communications' Loss Widens

DateTuesday, February 12, 2008 at 7:04AM

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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AuthorNik Sargent | CommentPost a Comment | |
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