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Tuesday, October 31, 2006

Nuance Communications' (NUAN) Guides Higher

Nuance Communications' (NASDAQ:NUAN - News) shares rose 5.8% after the Burlington, Mass., provider of speech and imaging technology products forecast non-GAAP earnings of 13 to 14 cents a share for the September quarter, above a previously disclosed outlook for non-GAAP earnings of 11 to 12 cents a share. For the first quarter, the company expects revenue to be at or slightly above the high end of analyst estimates with earnings projected within Wall Street's range.

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