Loss Expands at Nuance Communications

SAN FRANCISCO -- Nuance Communications(NUAN Quote) projected a strong second half to its fiscal year Monday, even as its second-quarter loss grew.

The stock was down $1.06, or 5%, to $19.95 in after-hours trading.

The Burlington, Mass. software company projected third-quarter revenue of $229 million to $234 million, including deferred revenue to be written down from acquisitions. EPS, excluding special items, will range from 20 cents to 22 cents. Analysts were expecting revenue of $229.5 million and EPS of 21 cents.

For the full year ending in September, speech-recognition specialist Nuance said it expects revenue of $913 million to $920 million and EPS, less items, of 80 cents to 82 cents. Analysts were expecting a top line of $908.9 million and EPS of 80 cents. ...