Nuance Sees Major Growth in First Quarter of 2013

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.” Read more


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