Wall Street is looking for the Burlington, MA-based computer software technology company to report earnings of 37 cents per share with revenues of $489.54 million.
For the year-ago period, Nuance Communications posted earnings of 32 cents per share and $488.66 million in revenue.
Analysts are projecting the company to report full-year earnings of $1.53 per share on revenue of $1.99 billion.
Last month, Nuance Communications purchased the Agoura Hills, CA-based digital customer service and engagement solutions company TouchCommerce for $215 million. TouchCommerce's live chat and customer analytics services are being added to Nuance Communications' enterprise division.
Nuance Communications specializes in voice recognition solutions and natural language understanding technologies.
The company's stock was sliding in late afternoon trading on Monday.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author. TheStreet Ratings has this to say about the recommendation:
We rate NUANCE COMMUNICATIONS INC as a Hold with a ratings score of C. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and a generally disappointing performance in the stock itself.
You can view the full analysis from the report here: NUAN