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nuance revenue 2019

In addition to a press release and slide deck, Nuance will provide a copy of prepared remarks. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward- looking statements, including but not limited to: the effects of competition, including pricing pressure, and changing business models in the markets and industries in which we operate; fluctuations in demand for our existing and future products; changes to economic, political, and regulatory conditions in the United States and internationally; our ability to attract and retain key personnel; further unanticipated costs resulting from our FY17 malware incident including potential costs associated with governmental investigations that may result from the incident; our ability to control and successfully manage our expenses and cash position; potential future cybersecurity and data privacy incidents or breaches; our ability to comply with applicable domestic and international laws and policies; fluctuating currency rates; possible quality issues in our products and technologies; our ability to realize anticipated synergies from acquired businesses, to cut stranded costs related to divested businesses, and to capture the expected value from strategic transactions including the spin-off of our Automotive business; and the other factors described in our most recent Form 10-K, Form 10-Q and other filings with the Securities and Exchange Commission. Included in these expenses are items such as restructuring charges, asset impairments and other charges (credits), net, and losses from extinguishing our convertible debt. Nuance Communications Inc. (NASDAQ: NUAN) reported better-than-expected results for its fourth quarter on Wednesday. Nuance Communications (NUAN) delivered earnings and revenue surprises of 16% and 1.37%, respectively, for the quarter ended March 2019. Non-cash interest. Compare NUAN With Other Stocks Other items such as consulting and professional services fees related to assessing strategic alternatives and our transformation programs, implementation of the new revenue recognition standard (ASC 606), and expenses associated with the malware incident and remediation thereof are also excluded. Stock-based compensation will continue in future periods. In particular, we benefited from strong performance in Dragon Medical Cloud, which grew 38% compared to 2019," says CEO Mark Benjamin. Non-GAAP revenue of $489.3 million and non-GAAP earnings per diluted share $0.34. Continuous budgeting and forecasting for revenue and expenses are conducted on a consistent non-GAAP basis (in addition to GAAP) and actual results on a non-GAAP basis are assessed against the non-GAAP annual financial plan. Read Report. The company delivers solutions that understand, analyze, and respond to people – amplifying human intelligence to increase productivity and security. For example, our annual bonus program payments are based upon the achievement of consolidated non-GAAP revenue and consolidated non-GAAP earnings per share financial targets. Do the numbers … As part of our ongoing effort to simplify our business, we successfully completed the spin-off of our Automotive business, as Cerence began trading as an independent public company on October 2. ET. Non-cash interest expense will continue in future periods. © 2020 GlobeNewswire, Inc. All Rights Reserved. Cost of professional services and hosting. Choose your region. The company delivers solutions that understand, analyze, and respond to people – amplifying human intelligence to increase productivity and security. We further believe that providing this information allows investors not only to better understand our financial performance, but more importantly, to evaluate the efficacy of the methodology and information used by management to evaluate and measure such performance. There is $380.4 million still available under our existing authorization for share repurchases. ASC 605 revenue of $487.8 million and earnings per diluted share of $0.42. Results will be presented for Q4 ‘19 under both ASC 605 and 606 methodologies and all relevant year-over-year financial comparisons and trends will be on an ASC 605 basis only. GAAP revenue was$352.9 … We believe these adjustments are useful to management and investors as a measure of the ongoing performance of the business because, although we cannot be certain that customers will renew their contracts, we have historically experienced high renewal rates on maintenance and support agreements and other customer contracts. This followed our accelerated exit from our non-core Subscription Revenue Services (SRS) business. This brings our total share repurchase to 11.5 million shares since the beginning of fiscal 2019 and 21.2 million since May 2018 or 7.2% of shares outstanding. GAAP EPS of $0.42, compared to $(0.16) in the same period last year. We utilize a number of different financial measures, both GAAP and non-GAAP, in analyzing and assessing the overall performance of the business, for making operating decisions and for forecasting and planning for future periods. • GAAP revenue of $470.7 million and GAAP earnings per diluted share of $0.37. Under the new method, our non-GAAP income tax provision is determined based on our non-GAAP pre-tax income. We also exclude from our non-GAAP tax provision certain discrete tax items as they occur, which in fiscal year 2019 also includes certain impacts from the Tax Cuts and Jobs Act of 2017. GAAP operating margin of 9.2%, compared to (1.7%) in the same period last year. Email: tracy.krumme@nuance.com, Selecting a region changes the language and/or content on Nuance.com, Nuance to Release Fourth Quarter Fiscal 2019 Results on Nov. 20, 2019, © 2020 Nuance Communications, Inc. All rights reserved. Acquisition-related revenue and cost of revenue.We provide supplementary non-GAAP financial measures of revenue that include revenue that we would have recognized but for the purchase accounting treatment of acquisition transactions. Nuance said healthcare revenue was down 1% to $270.5 million, while enterprise revenue was up 7% to $138.5 million. Company guidance was $497.0 million to … Remuneration Report. Our annual financial plan is prepared both on a GAAP and non-GAAP basis, and the non-GAAP annual financial plan is approved by our board of directors. Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. GAAP revenue of $470.7 million and GAAP earnings per diluted share of $0.37. These amounts are inconsistent in amount and frequency and are significantly impacted by the timing and size of acquisitions. With decades of domain and AI expertise, Nuance works with thousands of organizations globally across healthcare, financial services, telecommunications, government, and retail – to create stronger relationships and better experiences for their customers and workforce. Enterprise revenue increased 4% compared to 2019, marking our fifth consecutive year of organic growth. Corporate Governance. Q1 2020 Performance Summary • GAAP revenue of $418.2 million and GAAP earnings per diluted share of $0.19. Because GAAP accounting requires the elimination of this revenue, GAAP results alone do not fully capture all of our economic activities. In fiscal year 2019, our revenue was approximately $1.8 billion. The expense related to stock-based awards is generally not controllable in the short-term and can vary significantly based on the timing, size and nature of awards granted. For Investors  Tracy Krumme  Nuance Communications, Inc.  Tel: 781-565-4334  Email: tracy.krumme@nuance.com, For PressNancy ScottNuance Communications, Inc.Tel: 781-565-4130Email: nancy.scott@nuance.com. While our management uses these non-GAAP financial measures as a tool to enhance their understanding of certain aspects of our financial performance, our management does not consider these measures to be a substitute for, or superior to, the information provided by GAAP financial statements. BURLINGTON, Mass., Nov. 20, 2019 (GLOBE NEWSWIRE) -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its fourth quarter and fiscal year ended September 30, 2019. Non-GAAP revenue of $489.3 million, compared to $482.1 million in the same period last year. Transition and integration costs. This growth was driven by strength in our Intelligent Engagement offerings." Trademark reference: Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. GAAP net income of $121.8 million, compared to $(44.5) million in the same period last year. (1) As a reminder, effective October 1, 2018, Nuance adopted the ASC 606 revenue recognition standard using the modified retrospective approach. Dufry is committed to good Corporate Governance, Openness and Transparency for the benefit of shareholders, customers, business partners and employees. Inside Nuance Communications, Inc.'s 10-K Annual Report: Financial - Earnings Highlight. Fiscal year is October-September. ASC 605 revenue of $487.8 million, compared to $479.4 million in the same period last year. As a result, total debt maturity value is approximately $2.14 billion as of March 31, 2019, down from $2.44 billion as of December 31, 2018, and the Company’s net debt level ratio is 2.7x. ASC 605 Q4 2019 Performance Summary (1) ASC 605 revenue of $487.8 million and earnings per diluted share of $0.42. Nuance Communications (NASDAQ: NUAN) is the pioneer and leader in conversational AI innovations that bring intelligence to everyday work and life. All values USD millions. (4) Includes approximately $8.1 million and $51.6 million in professional services costs associated with considering strategic alternatives for certain businesses and establishing our Automotive business as an independent reporting segment, for the three and twelve months ended September 30, 2018, respectively. Nuance's fiscal first-quarter results were generally encouraging. "Enterprise revenue increased 4% compared to 2019… These categories are further discussed as follows: Amortization of acquired intangible assets.We exclude the amortization of acquired intangible assets from non-GAAP expense and income measures. By organic performance we mean performance as if we had owned an acquired business in the same period a year ago. In addition to a press release and slide deck, Nuance will provide a copy of prepared remarks. Furthermore, we do not consider these acquisition-related costs and adjustments to be related to the organic continuing operations of the acquired businesses and are generally not relevant to assessing or estimating the long-term performance of the acquired assets. Supplemental Financial Information - GAAP to Non-GAAP Reconciliations, continued, Income tax effect of Non-GAAP adjustments, Removal of valuation allowance and other items, Acquisition-related adjustment - revenues (2), Cost of revenue from amortization of intangible assets, Impairment of goodwill and other intangibles. Non-GAAP income tax provision.Effective Q2 2017, we changed our method of calculating our non-GAAP income tax provision. In future periods, Nuance will provide guidance and report results for the remainder of fiscal 2019 on a continuing operations basis only. BURLINGTON, Mass., November 20, 2019 - Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its fourth quarter and fiscal year ended September 30, 2019. - GAAP revenue was $514.0 million. BURLINGTON, Mass., November 5, 2019 – Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it will release fourth quarter and full-year fiscal 2019 results on Wednesday, November 20, 2019 after the market close. These remarks are offered to provide shareholders and analysts additional detail for analyzing the results. ... ATO reports IBM continued to avoid paying tax during 2019 financial year. Nuance revenue decreased from $2.1 billion in 2018 to $1.8 billion in 2019, a (11.1%) decrease. Nuance Communications, Inc. These items are further discussed as follows: Other expenses.We exclude certain other expenses that result from unplanned events outside the ordinary course of continuing operations, in order to measure operating performance and current and future liquidity both with and without these expenses. 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