WASHINGTON (dpa-AFX) - Nuance Communications, Inc. (NUAN) Monday reported first-quarter profit of $7.0 million or $0.02 per share, down from $43.6 million or $0.15 per share last year.
Adjusted profit was $62.5 million or $0.20 per share, compared to $63.5 million or $0.22 per share last year.
Revenues dropped to $345.8 million from $361.5 million last year.
Analysts polled by Thomson Reuters estimated earnings of $0.18 per share on revenues of $337.91 million for the quarter.
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