Nuance Communications, Inc. provides conversational and cognitive artificial intelligence (AI) innovations that bring intelligence to everyday work and life. The company delivers solutions that understand, analyze, and respond to people - amplifying human intelligence to increase productivity and security. Its Healthcare segment provides clinical speech and clinical language understanding solutions that improve the clinical documentation process, from capturing the complete patient record to improving clinical documentation and quality measures for reimbursement. Its solutions include Dragon Medical One, cloud-based speech solution; computer-assisted physician documentation; diagnostic imaging solutions; Nuance Dragon Ambient eXperience, a voice-enabled solution; and clinical documentation improvement and coding. The company's Enterprise segment primarily engages in using speech, natural language understanding, and artificial intelligence to provide automated customer solutions and services for voice, mobile, Web, and messaging channels. Its solutions include intelligent engagement solutions; Conversational AI; Engagement AI; and Security AI. Its Other segment provides voicemail transcription services. The company serves organizations across healthcare, financial services, telecommunications, government, and retail. Nuance Communications, Inc. markets and sells its solutions and technologies directly through sales force, as well as through a network of resellers, including system integrators, independent software vendors, value-added resellers, distributors, hardware vendors, telecommunications carriers, and e-commerce Websites worldwide. The company was formerly known as ScanSoft, Inc. and changed its name to Nuance Communications, Inc. in October 2005. Nuance Communications, Inc. was founded in 1992 and is headquartered in Burlington, Massachusetts.
IPO Year:
Exchange: NASDAQ
Website: nuance.com
4 - Nuance Communications, Inc. (0001002517) (Issuer)
4 - Nuance Communications, Inc. (0001002517) (Issuer)
4 - Nuance Communications, Inc. (0001002517) (Issuer)
4 - Nuance Communications, Inc. (0001002517) (Issuer)
4 - Nuance Communications, Inc. (0001002517) (Issuer)
4 - Nuance Communications, Inc. (0001002517) (Issuer)
4 - Nuance Communications, Inc. (0001002517) (Issuer)
4 - Nuance Communications, Inc. (0001002517) (Issuer)
4 - Nuance Communications, Inc. (0001002517) (Issuer)
4 - Nuance Communications, Inc. (0001002517) (Issuer)
PALO ALTO, Calif., Jan. 12, 2022 /PRNewswire/ -- SymphonyAI, a leader in high-value enterprise AI software solutions for strategic industries, announced Sanjay Dhawan has joined as CEO. Dhawan will drive SymphonyAI's growth as an integrated company pursuing a single strategy across retail, CPG, financial services, manufacturing, media, IT service management, and additional sectors. "We are one of the largest and fastest-growing enterprise AI companies, with more than 1,000 major customers globally," said SymphonyAI Founder and Chairman Dr. Romesh Wadhwani. "Our work addressing specific customer needs and applying AI to capture value across industries is unique. I know Sanjay's successful tr
BURLINGTON, Mass., Feb. 7, 2022 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced financial results for its first quarter ended December 31, 2021: GAAP revenue of $321.4 million and GAAP earnings per diluted share of $(0.18). Non-GAAP revenue of $321.4 million and non-GAAP earnings per diluted share of $0.08."We continue to execute on our primary objectives across our Healthcare and Enterprise divisions, and got off to a good start to our fiscal year 2022," said Mark Benjamin, Chief Executive Officer at Nuance. "In Healthcare, we saw strong cloud revenue and ARR growth, in particular from our Dragon Medical and DAX solutions where cloud revenue grew 29% year-over-year
BURLINGTON, Mass., Jan. 19, 2022 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced that it will release its first quarter fiscal 2022 results on Monday, February 7, 2022 after the market close. Given the pending transaction with Microsoft, Nuance will not be hosting a conference call or issuing Prepared Remarks in conjunction with its first quarter 2022 earnings release. The acquisition has been approved by Nuance's shareholders, and we expect it to close by the end of the first calendar quarter of 2022, subject to the satisfaction of certain regulatory approvals and other customary closing conditions. About Nuance Communications, Inc. Nuance Communications (NASDAQ:N
BURLINGTON, Mass., Nov. 18, 2021 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced financial results for its fourth quarter and fiscal year ended September 30, 2021: GAAP revenue of $333.1 million and GAAP earnings per diluted share of $(0.03). Non-GAAP revenue of $333.1 million and non-GAAP earnings per diluted share of $0.09."We wrapped up our fiscal year with a solid performance in Q4 2021, executing on our key strategic objectives in both our Healthcare and Enterprise divisions," said Mark Benjamin, Chief Executive Officer at Nuance. "In Healthcare, we continue to drive cloud ARR growth, seeing particularly strong growth from our Dragon Medical and DAX solutions.
BURLINGTON, Mass., Oct. 28, 2021 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced that it will release its fourth quarter fiscal 2021 results on Thursday, November 18, 2021 after the market close. Given the pending transaction with Microsoft, Nuance will not be hosting a conference call or issuing Prepared Remarks in conjunction with its fourth quarter 2021 earnings release. The acquisition has been approved by Nuance's shareholders, and we expect it to close by the end of the first quarter or early in the second quarter of fiscal year 2022, subject to the satisfaction of certain regulatory approvals and other customary closing conditions. About Nuance Communication
BURLINGTON, Mass., Aug. 6, 2021 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced financial results for its third quarter ended June 30, 2021: GAAP revenue of $336.6 million and GAAP earnings per diluted share of $(0.09). Non-GAAP revenue of $336.6 million and non-GAAP earnings per diluted share of $0.16."We are pleased to report another quarter of execution on our key strategic objectives, leading to solid Q3 results on both our top-line and bottom-line," said Mark Benjamin, Chief Executive Officer at Nuance. "In Healthcare, our shift towards cloud-based offerings across our portfolio helped drive a healthy ARR performance. This performance led in part to our second
BURLINGTON, Mass., July 21, 2021 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced that it will release its third quarter fiscal 2021 results on Friday, August 6, 2021 before the market open. Given the pending transaction with Microsoft, Nuance will not be hosting a conference call or issuing Prepared Remarks in conjunction with its third quarter 2021 earnings release. About Nuance Communications, Inc.Nuance Communications (NASDAQ:NUAN) is a technology pioneer with market leadership in conversational AI and ambient intelligence. A full-service partner trusted by 77 percent of U.S. hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuiti
BURLINGTON, Mass., Feb. 8, 2021 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its first quarter ended December 31, 2020: GAAP revenue of $345.8 million and GAAP earnings per diluted share of $0.02. Non-GAAP revenue of $345.8 million and non-GAAP earnings per diluted share of $0.20. "We are very pleased with the strong start to the fiscal year, as we delivered revenue and EPS above our guidance range expectations," said Mark Benjamin, Chief Executive Officer at Nuance. "We continued to advance our strategic initiatives, accelerating our cloud transition across our core platforms in Healthcare and focusing on our AI-first approach in Ent
BURLINGTON, Mass., Feb. 8, 2021 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced the acquisition of Saykara, Inc., a like-minded startup focused on developing a mobile AI assistant to automate clinical documentation for physicians. The acquisition underscores Nuance's ongoing expansion of market and technical leadership in conversational artificial intelligence (AI) and ambient clinical intelligence (ACI) solutions that reduce clinician burnout, enhance patient experiences, and improve overall health system financial integrity. "The complementary technology built by the Saykara team aligns strongly with our technology portfolio and growth strategy as well as the
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Morgan Stanley downgraded Nuance Communications from Overweight to Equal-Weight and set a new price target of $56.00
SVB Leerink reiterated coverage of Nuance Communications with a rating of Outperform and set a new price target of $56.00 from $60.00 previously
Craig-Hallum downgraded Nuance Communications from Buy to Hold and set a new price target of $56.00 from $58.00 previously
Wedbush downgraded Nuance Communications from Outperform to Neutral
Craig Hallum reiterated coverage of Nuance Communications with a rating of Buy and set a new price target of $58.00 from $41.00 previously
SVB Leerink reiterated coverage of Nuance Communications with a rating of Outperform and set a new price target of $55.00 from $54.00 previously
Recognized as "Best in Class", Nuance Earns Highest Vendor Score for Product Completeness and Flexibility BURLINGTON, Mass., May 26, 2022 /PRNewswire/ -- Nuance® Communications, Inc. today announced it was recognized as a Leader in Opus Research's 2022 Decision Makers' Guide to Enterprise Intelligent Assistants report. The report cites Nuance's holistic approach as well as its growing ecosystem of partners and industry collaborators, naming the company's technology a "Best in Class Intelligent Assistant Platform" and giving it the highest assessment amongst its peers for "completeness of services, features, and scaling capabilities." The Opus report evaluated 21 vendors to better understand
LONDON, UK, April 27, 2022 (GLOBE NEWSWIRE) -- Facts and Factors has published a new research report titled "Healthcare CRM Market By Components (Software, and Services), By Deployment Model (On-premise Model, the Web/Cloud-based Model), By Functionality (Customer Service and Support, Marketing, Sales, Digital Marketing, and Other Functionalities), By End-User (Healthcare Providers, Healthcare Payers, and Life Sciences Industry), and By Region - Global and Regional Industry Trends, Market Insights, Data analysis, Historical Information, and Forecast 2022–2028" in its research database. "According to the latest research study, the demand of global Healthcare CRM Market size & share was wor
BURLINGTON, Mass., March 8, 2022 /PRNewswire/ -- Nuance® Communications, Inc. announced an expansion of its next-generation ambient AI capabilities for diagnostic imaging. The expanded capabilities will include enhanced AI-powered reporting features in the Nuance PowerScribe platform that will empower radiologists to create highly accurate reports in less time and with more clinically valuable structured data. The need for innovation in radiology interpretation and reporting is pressing, with more than one-third of imaging professionals reporting burnout. In some states, the population of patients in need of imaging services outpaces available radiologists by more than 25 percent, according
REDMOND, Wash., March 4, 2022 /PRNewswire/ -- Microsoft Corp (NASDAQ:MSFT) on Friday announced the completion of its acquisition of Nuance Communications Inc. (NASDAQ:NUAN), a leader in conversational AI and ambient intelligence across industries including healthcare, financial services, retail and telecommunications. Driven by a shared vision to build outcomes-based AI, Microsoft and Nuance will enable organizations across industries to accelerate their business goals with our security-focused, cloud-based solutions infused with powerful, vertically optimized AI. Customers wi
BURLINGTON, Mass., Feb. 8, 2022 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced that the Nuance Dragon® Medical One speech recognition solution has been named the 2022 Best in KLAS: Software & Services winner. This is the second consecutive year that cloud-based, HITRUST CSF-certified Dragon Medical One has been recognized as the go-to conversational AI speech recognition solution for improving clinician efficiency and productivity while empowering them to tell the complete patient story. In addition to the Best in KLAS Speech Recognition: Front-End EMR award, KLAS Research recently released an Emerging Technology Spotlight report featuring the Dragon Ambient eXperi
BURLINGTON, Mass., Feb. 7, 2022 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced financial results for its first quarter ended December 31, 2021: GAAP revenue of $321.4 million and GAAP earnings per diluted share of $(0.18). Non-GAAP revenue of $321.4 million and non-GAAP earnings per diluted share of $0.08."We continue to execute on our primary objectives across our Healthcare and Enterprise divisions, and got off to a good start to our fiscal year 2022," said Mark Benjamin, Chief Executive Officer at Nuance. "In Healthcare, we saw strong cloud revenue and ARR growth, in particular from our Dragon Medical and DAX solutions where cloud revenue grew 29% year-over-year
BURLINGTON, Mass., Jan. 19, 2022 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced that it will release its first quarter fiscal 2022 results on Monday, February 7, 2022 after the market close. Given the pending transaction with Microsoft, Nuance will not be hosting a conference call or issuing Prepared Remarks in conjunction with its first quarter 2022 earnings release. The acquisition has been approved by Nuance's shareholders, and we expect it to close by the end of the first calendar quarter of 2022, subject to the satisfaction of certain regulatory approvals and other customary closing conditions. About Nuance Communications, Inc. Nuance Communications (NASDAQ:N
BURLINGTON, Mass. and SAN FRANCISCO, Jan. 18, 2022 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ:NUAN) today announced an expansion of the company's strategic partnership with Genesys®, giving Genesys Cloud CX™ customers integrated access to Nuance Contact Center AI. Genesys Cloud CX customers can now access Nuance's best-of-breed technology to further improve customer experience through the use of conversational virtual assistants for voice and digital channels and biometrics-based authentication and fraud prevention solutions. "The continuing acceleration of digital transformation means providing customers with a combination of advanced capabilities in a CCaaS model," said Robert Wei
PALO ALTO, Calif., Jan. 12, 2022 /PRNewswire/ -- SymphonyAI, a leader in high-value enterprise AI software solutions for strategic industries, announced Sanjay Dhawan has joined as CEO. Dhawan will drive SymphonyAI's growth as an integrated company pursuing a single strategy across retail, CPG, financial services, manufacturing, media, IT service management, and additional sectors. "We are one of the largest and fastest-growing enterprise AI companies, with more than 1,000 major customers globally," said SymphonyAI Founder and Chairman Dr. Romesh Wadhwani. "Our work addressing specific customer needs and applying AI to capture value across industries is unique. I know Sanjay's successful tr
BURLINGTON, Mass., Jan. 6, 2022 /PRNewswire/ -- Nuance® Communications, Inc. (NASDAQ:NUAN) today announced it was named the market Leader in Opus Research's 2022 Intelligent Authentication and Fraud Prevention Report.1 Nuance Gatekeeper, a cloud–native biometric security solution that authenticates legitimate persons and detects fraudsters wherever and however they engage with brands, was recognized for its product completeness and flexibility, ranked highest among the 21 vendors evaluated in the report. The latest Opus Research Intelliview, done in partnership with SymNex Consulting, put Nuance at the top of the platform provider category, defined as "technology that goes beyond voice authe
Merger activity increased last week with six new deals announced and six deals completed. Three of the six new deals announced were potential deals in the works. Healthcare Trust of America (NYSE:HTA) Founded in 2006, Healthcare Trust of America is a healthcare focused REIT and the largest operator of dedicated medical office buildings (MOB) in the United States. The company owns real estate though 461 on-campus and off-campus properties around hospitals and Universities in 32 states. We added HTA to our ‘Deals in the Works‘ tool on October 6, 2021, when Bloomberg reported that activist investor Elliott Investment Management was pushing for the company to launch a strategic review that inc
On Thursday, 95 companies set new 52-week highs. Interesting Highlights From Today's 52-Week Highs: The largest company by market cap to break to a new 52-week high was Chevron (NYSE:CVX). The smallest company by market cap to hit a new 52-week high was Center Coast Brookfield (NYSE:CEN). Indonesia Energy Corp (AMEX:INDO)'s stock made the biggest move upwards, moving 45.82% to reach a new 52-week high. Here are all the stocks that set new 52-week highs during the first half-hour of trading on Thursday: Chevron (NYSE:CVX) shares hit a new 52-week high of $157.11. The stock traded up 1.21% on the session. Coca-Cola (NYSE:KO) stock set a new 52-week high of $62.92 Thursday mornin
Nuance Communications (NASDAQ:NUAN) reported quarterly earnings of $0.08 per share. This is a 60 percent decrease over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $321.40 million which missed the analyst consensus estimate of $355.00 million by 9.46 percent. This is a 7.04 percent decrease over sales of $345.75 million the same period last year.
Companies Reporting Before The Bell • NAPCO Security (NASDAQ:NSSC) is expected to report quarterly earnings at $0.10 per share on revenue of $31.60 million. • Hasbro (NASDAQ:HAS) is expected to report quarterly earnings at $0.88 per share on revenue of $1.87 billion. • Gates Industrial Corp (NYSE:GTES) is projected to report quarterly earnings at $0.21 per share on revenue of $821.59 million. • Tyson Foods (NYSE:TSN) is estimated to report quarterly earnings at $1.90 per share on revenue of $12.18 billion. • Cerence (NASDAQ:CRNC) is likely to report quarterly earnings at $0.51 per share on revenue of $94.38 million. • Affiliated Managers Group (NYSE:AMG) is projected to report quart
Last year will go down with many records set in the investment world. A record number of companies went public via IPO, a record number of public listings happened in 2021, the SPDR S&P 500 ETF Trust (NYSE:SPY) hit record highs while the S&P 500 notched 70 record closings during the year. Meanwhile, Bitcoin (CRYPTO: BTC) hit an all-time high of more than $69,000 and a market capitalization of over $1 trillion. Another record set in 2021 was the amount of money from announced mergers and acquisitions. M&A volume hit $5.5 trillion, up 63% year-over-year. In Europe, mergers and acquisitions reached a volume of $1.3 trillion, up 41% year-over-year. Activity in the U.S. alone hit $2.4 trillion,
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga's insider transactions platform. Marvell Technology The Trade: Marvell Technology, Inc. (NASDAQ:MRVL) Executive Vice President Optical and Copper Connectivity Group Loi Nguyen disposed a total of 10983 shares at an average price of $89.26. The insider
Microsoft Corp (NASDAQ:MSFT) won the unconditional antitrust European Commission approval for the proposed acquisition of transcription software company Nuance Communications Inc (NASDAQ:NUAN). The regulator concluded that the transaction would raise no competition concerns in the European Economic Area. Related Content: Microsoft Confirms Nuance Communications Acquisition For $19.7B Microsoft has already won regulatory approval in the U.S. and Australia. The EC concluded that the transaction would not significantly reduce competition in the transcription software, cloud services, enterprise communication services, customer relationship management, productivity software, and PC operati
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https://techcrunch.com/2021/12/13/cma-microsoft-nuance/?tpcc=tcplustwitter
U.S. software giant Microsoft Corp (NASDAQ:MSFT) aims to secure unconditional EU antitrust approval for its $16 billion bid for artificial intelligence and speech technology firm Nuance Communications Inc (NASDAQ:NUAN), Reuters reports. The deal, Microsoft's second-biggest after its $26.2 billion buy of LinkedIn in 2016, follows heightened antitrust regulatory scrutiny. Microsoft said the deal would boost its cloud solutions presence for healthcare customers in a sector facilitated by the pandemic. Nuance, known for pioneering speech technology and helping launch Apple Inc's (NASDAQ:AAPL) virtual assistant, Siri, serves 77% of U.S. hospitals. The deal scooped regulatory approval in th