According to a new release out of the company, “Nuance Communications, Inc. today announced financial results for its first quarter fiscal 2013, ended December 31, 2012. Nuance reported GAAP revenue of $462.3 million in the first quarter fiscal 2013, a 28.2% increase over GAAP revenue of $360.6 million in the first quarter of fiscal 2012. Nuance reported non-GAAP revenue of $492.4 million, which includes $30.1 million in revenue lost to accounting treatment in conjunction with acquisitions. First quarter fiscal 2013 non-GAAP revenue grew 28.9% over non-GAAP revenue of $382.0 million in the first quarter of fiscal 2012.”

The article continues, “In the first quarter of fiscal 2013, Nuance recognized GAAP net loss of ($22.1) million, or ($0.07) per share, compared with GAAP net income of $9.3 million, or $0.03 per diluted share, in the first quarter of fiscal 2012. In the first quarter of fiscal 2013, Nuance reported non-GAAP net income of $113.0 million, or $0.35 per diluted share, compared to non-GAAP net income of $108.5 million, or $0.34 per diluted share, in the first quarter of fiscal 2012. Nuance’s first quarter fiscal 2013 non-GAAP operating margin was 29.2%, down from 32.5% in the first quarter of fiscal 2012. Nuance reported cash flow from operations of $122.9 million in the first quarter of fiscal 2013, a 37.3% increase over $89.5 million in the first quarter of fiscal 2012. Nuance ended the first quarter of fiscal 2013 with a balance of cash and cash equivalents of $961.1 million.”

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Image: Courtesy Nuance