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Nuance Names Bill Robbins Executive Vice President, Worldwide Sales; Announces Preliminary Q1 2014 Results Ahead Of Expectations

Stocks in this article: NUAN

Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it has appointed Bill Robbins as executive vice president, Worldwide Sales.

In this role, Mr. Robbins will oversee all aspects of sales globally, including customer and partner relationships, sales strategy, and operations of the Nuance sales organization. He brings to Nuance a history of strong sales and business achievement through 25 years of executive leadership in sales, operations, market development and process improvement. He joins Nuance from [24]7 where he served as Chief Operating Officer and from Symantec where he served for ten years as executive vice president, Worldwide Sales & Services, in addition to other leadership roles.

“Bill brings to Nuance a rich combination of sales and operational experience that makes him ideal to scale and lead our global sales force,” said Paul Ricci, chairman and CEO of Nuance. “His leadership and demonstrated ability to execute will be key to increasing revenue, bookings and sales productivity across our business.”

Bill completed a distinguished, ten-year tenure at Symantec where most recently he served as executive vice president, Worldwide Sales & Services. In this role, he led the company’s enterprise sales, professional services and consulting organizations of more than 4,500 people. Drawing on his expertise in sales operations, methodology and international markets, Bill drove revenue growth in each of Symantec’s markets and delivered record bookings of more than $4 billion in his last fiscal year. Prior to Symantec, he held a variety of executive sales and operations roles with Comdisco, MCI Systemhouse and EDS Corporation. Bill earned Economics and Finance degrees from Southern Methodist University.

Preliminary Fiscal First Quarter Results Ahead of Expectations

In conjunction with today’s announcement, Nuance announced preliminary revenue, EPS and cash flow from operations results for the first quarter fiscal 2014, ended December 31, 2013.

Based on preliminary financial data, Nuance expects Q1 14 non-GAAP revenues between $487 million and $491 million; GAAP revenues between $467 million and $471 million; non-GAAP EPS between $0.23 and $0.24 per diluted share; GAAP EPS between ($0.19) and ($0.18) per share; and cash flow from operations of approximately $78 million. The preliminary expectations are subject to revision until the Company reports final Q1 14 results on February 10, 2014.

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