Nuance Communications has set a date for the publication of its first quarter results for the 2020 fiscal year: February 5th.
To be clear, Nuance’s fiscal year doesn’t align with the calendar year; the Q1 2020 results will cover the months of October, November, and December, 2019. In any case, this period featured at least a couple of newsworthy events for the company, including the launch of a new voice-based authentication solution, dubbed ‘Nuance Gatekeeper’; and upgrades to its Dragon Medical Advisor and PowerScribe One platforms, both aimed at the healthcare sector.
Nuance delivered impressive results in its previous quarterly update, which saw the company bring in increased year-over-year revenues, and a GAAP net income of $121.8 million, compared to a loss of $44.5 million in the fourth quarter of 2018. As Nuance CEO Mark Benjamin noted at the time, Q4 2019 was the company’s “sixth consecutive quarter of solid results, meeting or beating our expectations, including 38% full-year ARR growth in our Dragon Medical cloud offerings.”
The company’s plan is to release its Q1 2020 results after market close on February 5th, alongside prepared remarks aimed at offering shareholders and industry analysts some further details about the company’s operations. There will also be a conference call that day, scheduled to begin at 5:00 p.m. ET, which will simultaneously be broadcast on the investors section of Nuance’s website.
January 16, 2020 – by Alex Perala