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.
We hope you've enjoyed your 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