Nuance Communications, Inc. Earnings Rise 16% In Q2

(RTTNews) - Nuance Communications, Inc. (NUAN) revealed a profit for its second quarter that climbed compared to the same period last year.

The company said its bottom line rose to $115.01 million, or $0.38 per share. This was higher than $98.95 million, or $0.30 per share, in last year's second quarter.

Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.8% to $478.73 million. This was up from $475.06 million last year.

Nuance Communications, Inc. earnings at a glance:

-Earnings (Q2): $115.01 Mln. vs. $98.95 Mln. last year. -Earnings Growth (Y-o-Y): 16.2% -EPS (Q2): $0.38 vs. $0.30 last year. -EPS Growth (Y-o-Y): 26.7% -Analysts Estimate: $0.35 -Revenue (Q2): $478.73 Mln vs. $475.06 Mln last year. -Revenue Change (Y-o-Y): 0.8%