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Nuance Communications (NUAN) Message Board

  • wobatus wobatus Apr 30, 2013 9:43 AM Flag

    That's an earnings whiff

    Let's see, last time they missed and guided to .36 to .45 eps, with revenues of $500-553. And that hugely disappointed the Street, which was expecting .44 and 524. Stock plunged. Estimates came down to .40 and $516.5. And they STILL miss. Actual .34 eps and $484 million. They were already deep in the quarter and couldn't adjust expectations properly. They have got to get ahead of the curve. Now they are forecasting .30-.34, way below estimates. Question is did they get it right this time.

    My long term sentiment is still buy, and I'm not selling here, but Ricci has got to go.

    Sentiment: Buy

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