Business

Nuance stock falls despite higher profit

Advertisement

Nuance Communications Inc. swung to quarterly profit of $117.6 million, versus a loss of $5.1 million a year earlier, as the Burlington speech-software company benefited from sales growth in its products for the health care industry. But revenue of $468.8 million, which was up 27.7 percent from a year earlier, fell short of Wall Street’s estimates, and the shares fell sharply.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
You're reading  1 of 5 free articles.
Get UNLIMITED access for only 99¢ per week Subscribe Now >
You're reading1 of 5 free articles.Keep scrolling to see more articles recomended for you Subscribe now
We hope you've enjoyed your 5 free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com