By Robert Broens: Shares of Nuance Communications (NUAN) lost roughly 2% of their value over the past trading week. The provider of voice and language solutions reported its fourth quarter results on Monday after the close.Fourth Quarter ResultsNuance Communications reported fourth quarter revenues of $468.8 million, up 27.7% on the year before. Revenues including lost revenues related to accounting treatments of acquisitions came in at $490.1 million, below analysts expectations of $497.5 million.The company reported GAAP net income of $117.6 million during the quarter, which compares to a loss of $5.1 million last year. Earnings per diluted share came in at $0.36 per share, compared to a loss of two cents last year. Non-GAAP income rose to $164.9 million, or $0.51 per diluted share. Non-GAAP earnings beat analysts consensus of $0.48 per share. Non-GAAP operating margins rose 110 basis points to 37.2%.CFO Tom Beadoin commented on the results:
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Source: http://www.bullfax.com/?q=node-nuance-communications-depressed-valuation-implies-great
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