2008-08-12

Nuance loss widens

Nuance posted a higher than expected loss. It beat market estimates if you exclude certain items and the forecast fourth-quarter were in line with analysts' view which expects a loss of 2 cents to 3 cents per share, on revenue of $245 million to $252 million.

Essentially losses were up from last year - Nuance loss widens; gives outlook
Nuance reported a loss of $9.9 million, or 5 cents a share, for the third quarter ended June 30, compared with a loss of $7.6 million, or 4 cents a share, a year ago.

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