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Nuance Communications, Inc. (NUAN) revealed a profit for first quarter that dropped from last year.


RTTNews | Feb 8, 2021 04:06PM EST

16:05 Monday, February 8, 2021 (RTTNews.com) - Nuance Communications, Inc. (NUAN) revealed a profit for first quarter that dropped from last year.

The company's bottom line totaled $14.89 million, or $0.05 per share. This compares with $48.68 million, or $0.17 per share, in last year's first quarter.

Excluding items, Nuance Communications, Inc. reported adjusted earnings of $62.50 million or $0.20 per share for the period.

The company's revenue for the quarter fell 4.4% to $345.75 million from $361.51 million last year.

Nuance Communications, Inc. earnings at a glance:

-Earnings (Q1): $62.50 Mln. vs. $63.49 Mln. last year.-EPS (Q1): $0.20 vs. $0.22 last year.-Revenue (Q1): $345.75 Mln vs. $361.51 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3167842/nuance-communications-inc-q1-adjusted-earnings-of-0-20-per-share.aspx)

For comments and feedback: contact editorial@rttnews.com

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