Nuance Communications is an American multinational computer software technology corporation, headquartered in Burlington, Massachusetts, United States on the outskirts of Boston, that provides speech and imaging applications. Current business products focus on server and embedded speech recognition, telephone call steering systems, automated telephone directory services, medical transcription software and systems, optical character recognition software, and desktop imaging software. The company also maintains a small division which does software and system development for military and government agencies. In October 2011, unconfirmed research suggested that its servers power Apple's iPhone 4S Siri voice recognition application.

As of 2008, the company is a result of organic growth, mergers, and acquisitions. ScanSoft and Nuance merged in October 2005; before the merger, the two companies competed in the commercial large-scale speech application business. The officially termed "merger" was a de facto acquisition of Nuance by ScanSoft, though the combined company changed its name to Nuance following the transaction. Before 1999, ScanSoft was known as Visioneer, a hardware and software scanner company. In 1999, Visioneer bought ScanSoft – a Xerox spin-off – and adopted ScanSoft as the company name. The original ScanSoft had its roots in Kurzweil Computer Products, a software company that developed the first omni-font character recognition system.

Company Growth (employees)
Type
Public
HQ
Burlington, US
Founded
1992
Size (employees)
13,200 (est)-2%
Website
nuance.com
Nuance was founded in 1992 and is headquartered in Burlington, US

Key People at Nuance

Paul  Ricci

Paul Ricci

Chairman & CEO
Vlad  Sejnoha

Vlad Sejnoha

CTO
Dan  Tempesta

Dan Tempesta

EVP & CFO
Michael  Rich

Michael Rich

EVP, and General Manager, Document Imaging Division
Bill  Robbins

Bill Robbins

EVP, Worldwide Sales
Robert  Weideman

Robert Weideman

EVO & General Manager, Enterprise Division
Dawn  Howarth

Dawn Howarth

SVP & Chief HR Officer
Bruce  Bowden

Bruce Bowden

EVP, Corporate Strategy & Development

Nuance Office Locations

Nuance has offices in Burlington, Bengaluru, Aachen, Seattle and in 35 other locations
Burlington, US (HQ)
1 Wayside Road

Nuance Metrics

Nuance Financial Metrics

Revenue (2016)

$1.9 b

Revenue growth (2015-16), %

1%

Gross profit

$1.1 b

Gross profit margin (2016), %

57%

Net income (2016)

($12.5 m)

Market capitalization (21-Mar-2017)

$4.9 b

Closing share price (21-Mar-2017)

$16.9

Cash (31-Dec-2016)

$481.6 m
Nuance's current market capitalization is $4.9 b.
Nuance's revenue was reported to be $1.9 b in FY, 2016 which is a 0.9% increase from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$1.9 b$1.9 b$1.9 b$1.9 b

Revenue growth, %

4%0%1%

Cost of goods sold

$766.6 m$844.3 m$829.9 m$829.5 m

Gross profit

$1.1 b$1.1 b$1.1 b$1.1 b

Gross profit Margin, %

59%56%57%57%

Operating expense total

$1 b$1.1 b$1 b$980.9 m

EBIT

$48.5 m($21.4 m)$54.9 m$138.5 m

EBIT margin, %

3%(1%)3%7%

Interest expense

$41 m$36.7 m$85.3 m$137.8 m$132.7 m$118.6 m$132.7 m

Interest income

$1.6 m$2.3 m$2.6 m$4.4 m

Pre tax profit

($96.7 m)($155 m)($80.5 m)$1.7 m

Income tax expense

$18 m($8.2 m)($141.8 m)$18.6 m($4.7 m)$34.5 m$14.2 m

Net Income

($115.2 m)($150.3 m)($115 m)($12.5 m)
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015Y, 2016

Cash

$527 m$516.6 m$447.2 m$1.1 b$808.1 m$547.2 m$479.4 m$481.6 m

Accounts Receivable

Inventories

$105 m$92 m$76.8 m$78.1 m

Current Assets

$1.4 b$1.2 b$1 b$1 b

Goodwill

$3.3 b$3.4 b$3.4 b$3.5 b

Total Assets

$6 b$5.8 b$5.6 b$5.7 b

Accounts Payable

$91 m$61.8 m$56.6 m$94.6 m

Current Liabilities

$805.2 m$642 m$626.4 m$690.9 m

Common Stock

$314 k$291 k

Additional Paid-in Capital

$3 b$3.2 b$3.1 b$2.5 b

Retained Earnings

($369.4 m)($530.6 m)($750.4 m)($429 m)

Total Equity

$2.6 b$2.6 b$2.3 b$1.9 b

Financial Leverage

2.3 x2.3 x2.5 x2.9 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

($115.2 m)($150.3 m)($115 m)($12.5 m)

Depreciation and Amortization

$63.6 m$61 m$63.6 m$62.9 m

Accounts Receivable

$25.2 m($40 m)$41.7 m$25.5 m

Inventories

Accounts Payable

($26.8 m)($28.6 m)($3.2 m)$38.2 m

Cash From Operating Activities

$395 m$358.1 m$487.6 m$565.8 m

Capital Expenditures

($55.6 m)($60.3 m)($58 m)($54.9 m)

Cash From Investing Activities

($693.9 m)($311 m)($206.1 m)($263 m)

Long-term Borrowings

($425.6 m)($255 m)($261.1 m)($511.8 m)

Cash From Financing Activities

($20.7 m)($307.2 m)($341.2 m)($305.1 m)

Free Cash Flow

$450.6 m$418.4 m$545.6 m$620.7 m

Nuance Market Value History

Nuance Online Presence

Nuance News

Nuance Company Life

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