Nuance Communications, Inc. Reports 7% Rise In Q3 Profit

(RTTNews) - Nuance Communications, Inc. (NUAN) reported earnings for its third quarter that rose compared to the same period last year.

The company said its bottom line rose to $107.84 million, or $0.38 per share. This was up from $101.06 million, or $0.32 per share, in last year's third quarter.

Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.0% to $477.85 million. This was down from $477.94 million last year.

Nuance Communications, Inc. earnings at a glance:

-Earnings (Q3): $107.84 Mln. vs. $101.06 Mln. last year. -Earnings Growth (Y-o-Y): 6.7% -EPS (Q3): $0.38 vs. $0.32 last year. -EPS Growth (Y-o-Y): 18.8% -Analysts Estimate: $0.37 -Revenue (Q3): $477.85 Mln vs. $477.94 Mln last year. -Revenue Change (Y-o-Y): 0.0%