Nuance Communications, Inc. Provides Earnings Guidance for the Full Year of 2019; Revises Earnings Guidance for the Fourth Quarter of 2019
For fiscal year 2019 revenue, the company is maintaining the midpoint of $1.86 billion, which accounted for the SRS sale transactions. The company is also providing a more narrow guidance range of $1.85 billion to $1.87 billion.
For the fourth quarter of 2019, the company is narrowing its guidance range while also raising its midpoint expectation. The company's new range will be $1.14 to $1.20 compared to a range of $1.12 to $1.20 provided in June.