Nuance Communications, Inc. Q1 Income Climbs 38%

(RTTNews) - Nuance Communications, Inc. (NUAN) released a profit for its first quarter that advanced from last year.

The company said its bottom line rose to $113.01 million, or $0.36 per share. This was higher than $81.96 million, or $0.25 per share, in last year's first quarter.

Analysts had expected the company to earn $0.33 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.6% to $486.12 million. This was up from $474.02 million last year.

Nuance Communications, Inc. earnings at a glance:

-Earnings (Q1): $113.01 Mln. vs. $81.96 Mln. last year. -Earnings Growth (Y-o-Y): 37.9% -EPS (Q1): $0.36 vs. $0.25 last year. -EPS Growth (Y-o-Y): 44.0% -Analysts Estimate: $0.33 -Revenue (Q1): $486.12 Mln vs. $474.02 Mln last year. -Revenue Change (Y-o-Y): 2.6%