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Nuance Communications provides voice recognition and natural language understanding solutions worldwide. It operates through four segments: Healthcare, Mobile, Enterprise, and Imaging. The Company offers transcription solutions, dictation software, clinical document improvement and coding solutions, diagnostic, professional and personal productivity solutions. It also provides virtual assistants and connected services built on voice recognition, text-to-speech, natural language understanding, dialog, and text input technologies. The Company's Enterprise segment offers On-Premise solutions and services, an automated customer service solution; and On-Demand multichannel cloud, a platform that offers enterprises the ability to implement automatic customer service. The Imaging segment provides multi-function printer (MFP) Scan automation solutions, and PDF and OCR software. 
TypePublic
Founded1992
HQBurlington, US
Websitenuance.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Sep 2018)10,400(-10%)
Job Openings292
Revenue (FY, 2018)$2.1 B(+6%)
Share Price (Mar 2019)$16.8 (-1%)

Key People/Management at Nuance

Mark Benjamin

Mark Benjamin

CEO
Dan Tempesta

Dan Tempesta

Executive Vice President and Chief Financial Officer
Satish Maripuri

Satish Maripuri

Executive Vice President and General Manager, Healthcare Division
Al Monserrat

Al Monserrat

Executive Vice President and General Manager, Document Imaging Division
Robert Weideman

Robert Weideman

Executive Vice President and General Manager, Enterprise Division
Stefan Ortmanns

Stefan Ortmanns

Executive Vice President and General Manager, Automotive Division
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Nuance Office Locations

Nuance has offices in Burlington, Mahwah, Farmington Hills, Atlanta and in 35 other locations
Burlington, US (HQ)
1 Wayside Rd
Agoura Hills, US
29903 Agoura Rd
Atlanta, US
1 Glenlake Pkwy NE #800
Cambridge, US
675 Massachusetts Ave
Farmington Hills, US
39255 Country Club Dr
Mahwah, US
1111 MacArthur Blvd #100
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Nuance Financials and Metrics

Nuance Revenue

Nuance's revenue was reported to be $2.05 b in FY, 2018
USD

Revenue (Q1, 2019)

493.7m

Gross profit (Q1, 2019)

280.2m

Gross profit margin (Q1, 2019), %

56.8%

Net income (Q1, 2019)

19.1m

EBIT (Q1, 2019)

49.6m

Market capitalization (22-Mar-2019)

4.8b

Closing stock price (22-Mar-2019)

16.8

Cash (31-Dec-2018)

293.3m

EV

6.7b
Nuance's current market capitalization is $4.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.9b1.9b1.9b1.9b1.9b2.1b

Revenue growth, %

4%0%1%0%

Cost of goods sold

766.6m844.3m829.9m829.5m853.8m873.6m

Gross profit

1.1b1.1b1.1b1.1b1.1b1.2b
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

470.0m475.7m475.5m474.0m475.1m477.9m486.1m478.7m477.9m487.7m499.6m486.2m501.6m1.0b1.5b493.7m

Cost of goods sold

207.8m210.4m216.1m210.4m203.3m204.7m205.9m205.5m207.9m212.4m213.4m216.2m221.2m450.2m663.6m213.4m

Gross profit

262.2m265.3m259.4m263.6m271.8m273.2m280.2m273.2m270.0m275.2m286.2m270.0m280.5m565.7m855.1m280.2m

Gross profit Margin, %

56%56%55%56%57%57%58%57%56%56%57%56%56%56%56%57%
Annual
USDFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

527.0m516.6m447.2m1.1b808.1m547.2m479.4m481.6m592.3m316.0m

Accounts Receivable

395.4m

Inventories

105.0m92.0m76.8m78.1m

Current Assets

1.4b1.2b1.0b1.0b1.3b928.6m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

734.7m768.3m846.9m517.8m474.7m397.1m506.7m250.7m559.1m961.6m625.6m693.6m398.5m468.6m331.3m293.3m

Current Assets

1.4b1.4b1.5b1.2b1.1b966.2m1.0b767.6m1.0b1.6b1.3b1.3b1.0b1.1b986.3m1.4b

Goodwill

3.4b3.4b3.4b3.4b3.4b3.4b3.4b3.4b3.4b3.5b3.5b3.6b3.6b3.5b3.5b3.2b

Total Assets

6.0b6.0b6.1b5.8b5.6b5.6b5.5b5.3b5.5b6.2b5.9b5.9b5.6b5.6b5.4b5.5b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(115.2m)(150.3m)(115.0m)(12.5m)(151.0m)(159.9m)

Depreciation and Amortization

63.6m61.0m63.6m62.9m234.4m210.3m

Inventories

Accounts Payable

(26.8m)(28.6m)(3.2m)38.2m(1.2m)(14.3m)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

(55.4m)(94.6m)(148.9m)(50.5m)(64.6m)(104.0m)(12.1m)(19.1m)(30.9m)(23.9m)(57.7m)(85.6m)53.2m(110.8m)(124.9m)

Depreciation and Amortization

55.1m109.4m165.3m57.2m114.0m171.9m58.3m115.8m173.1m58.0m116.6m175.0m54.3m107.1m161.2m42.5m

Accounts Payable

(28.0m)(32.1m)(25.0m)(2.6m)1.9m(14.6m)(5.9m)2.7m25.0m(21.2m)(1.0m)12.2m(11.9m)(3.8m)(4.0m)11.4m

Cash From Operating Activities

78.2m165.2m262.2m95.7m215.6m336.0m141.1m301.1m426.9m124.9m250.3m382.4m86.1m195.4m295.0m99.9m
USDY, 2018

EV/EBIT

135 x

EV/CFO

67 x

EV/FCF

76.4 x

Financial Leverage

2.8 x
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Nuance Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

New Bookings

$2.40 b$303.80 m$304.70 m$484.40 m$1.50 b$308.70 m$313.70 m$362.90 m$1.50 b$380.30 m$410.40 m$438.50 m$1.70 b

Patents Issued

3.30 k3.60 k3.65 k4.50 k

Patent Applications

1 k1 k900 800

Countries

65 77 79
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Nuance Revenue Breakdown

Embed Graph

Nuance revenue breakdown by business segment: 23.4% from Enterprise , 11.0% from Imaging, 20.1% from Mobile and 45.5% from Healthcare

Nuance revenue breakdown by geographic segment: 21.7% from International and 78.3% from United States

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Nuance Online and Social Media Presence

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Nuance News and Updates

Virtual Assistant 2019 Global Market Key Players - Oracle, Nuance Communications, Microsoft, Inbenta Technologies, Samsung Electronics, Apple, IBM, Intel, Google, Amazon......

Virtual Assistant – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2025 Posted via Industry Today. Follow us on Twitter @IndustryToday

Speech Based Interactive Voice Response Software 2019 Global Market Key Players – 8X8, Inc. (US), Nuance Communications, Inc. (US), Convergy Corporation (US), Avaya Inc. (US), Cisco Systems – Analysis and Forecast to 2024

WiseGuyRerports.com Presents “Global Speech Based Interactive Voice Response Software Market 2019 by Company, Regions, Type and Application, Forecast to 2024” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Intelligent Transportation Systems (ITS) Market 2019 Global Analysis By Key Players – Siemens AG, Hitachi, WS Atkins PLC, Nuance Communications, EFKON AG

WiseGuyReports.Com Publish a New Market Research Report On –“ Intelligent Transportation Systems (ITS) Market 2019 Global Analysis By Key Players – Siemens AG, Hitachi, WS Atkins PLC, Nuance Communications, EFKON AG”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Global $21.5 Bn Speech and Voice Recognition Market to 2024 - Key Players are Nuance, Microsoft, Alphabet, IBM, Amazon, Sensory, Cantab Research, iflytek, Baidu, and Raytheon BBN Technologies

DUBLIN, Feb. 6, 2019 /PRNewswire/ -- The "Speech and Voice Recognition Market by Technology (Speech and Voice Recognition), Vertical (Automotive, Consumer, Government, Enterprise, Healthcare, BFSI), Deployment (On Cloud & On-Premises/Embedded), and Geography - Global Forecast to 2024"...

Nuance Completes Sale of Document Imaging Division to Kofax

BURLINGTON, Mass., Feb. 01, 2019 (GLOBE NEWSWIRE) -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced the company has completed the sale of its Document Imaging division to Kofax, Inc. for $400 million, as previously announced.

Meditech, Nuance team to add voice assistant to EHR

Companies will show the new tech at HIMSS19.
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Nuance Blogs

Keeping up with the fraudsters

According to industry watchers, preventing fraud involves constant change: Apply safeguards in one area today, and see where the bad guys show up next. In a new report on application fraud and its impact on banks, insurers, credit unions and other financial services institutions, Aite Group says tha…

Spring cleaning the contact center

In many organizations the contact center is the heartbeat of the company. This is where almost every customer will eventually travel, whether it be to ask a question, purchase a new good or service or to complain when things are not working properly. An entire company’s brand can rest on the experie…

Financial Services need to meet the challenge of digital transformation

It’s no secret that the era of digital transformation is changing the way organizations across industries operate on a day-to-day basis. That being said, a lot of emphasis gets placed on technologies that will attract and retain customers, often at the expense of improving infrastructure in the back…

Not a trust fall, but a trust rise to the occasion

Who do you trust? Why do you trust them? For me trust is the measure of a true friend. If I don’t trust someone, then that person and I aren’t close. There is something so instinctual with feeling the security and safety of trust. In fact, safety needs are primal — just after our physiological […] T…

How to avoid the doom and gloom of a chatbot’s future

This is going to sound ironic coming from a “chatbot” vendor, but get ready for a chatbot backlash in 2019. Yes, you heard correctly. Forrester Research predicted in their report, Predictions 2019: Customer Service and Sales, that customers will lead a community-based revolt against corporate chatbo…

Why Daylight Savings Time has me thinking of documentation productivity

Like everyone this past weekend, I switched my clocks ahead for Daylight Savings Time, which, if you didn’t know, started in the early 1900s to conserve energy. For me, this got me thinking about gaining an hour of time during the day, but also losing an hour of sleep. Which then got me thinking abo…
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Nuance Frequently Asked Questions

  • When was Nuance founded?

    Nuance was founded in 1992.

  • Who are Nuance key executives?

    Nuance's key executives are Mark Benjamin, Dan Tempesta and Satish Maripuri.

  • How many employees does Nuance have?

    Nuance has 10,400 employees.

  • What is Nuance revenue?

    Latest Nuance annual revenue is $2.1 b.

  • What is Nuance revenue per employee?

    Latest Nuance revenue per employee is $197.3 k.

  • Who are Nuance competitors?

    Competitors of Nuance include Avaya, Genesys and Xerox.

  • Where is Nuance headquarters?

    Nuance headquarters is located at 1 Wayside Rd, Burlington.

  • Where are Nuance offices?

    Nuance has offices in Burlington, Mahwah, Farmington Hills, Atlanta and in 35 other locations.

  • How many offices does Nuance have?

    Nuance has 41 offices.