UPDATE 2-Nuance Q1 beats Wall Street

* Q1 adj EPS $0.29 vs est $0.27

* Q1 revenue $284.6 mln vs est $269 mln (Adds outlook, conference call details)

BANGALORE Feb 8 (Reuters) - Speech recognition technology supplier Nuance Communications Inc (NUAN.O) posted better-than-expected quarterly results, helped by revenue growth across all its segments.

The company forecast sustained growth for the rest of 2010, helped by its ongoing investments in sales, channels and products.

For the second quarter, the company expects earnings of 25 cents to 28 cents per share, excluding items, on non-GAAP revenue of $273 million and $287 million.

Analysts on average were expecting the company, which acquired smaller London-based rival SpinVox in December, to earn 27 cents per share, on revenue of $274.8 million. [ID:nWNAB4576]

"We anticipate that the acquisition will provide non-GAAP revenues of $30 million to 35 million over the balance of this fiscal year, weighted toward the third and fourth quarters," Nuance said on a conference call with analysts.

Nuance saw year-over-year strengthening within the royalty reports received in the first quarter and an improved attitude among large enterprises towards capital purchases, the company said on the call.

Net loss for the quarter ended Dec. 31 fell to $4.3 million, or 2 cents per share, from $26.3 million, or 11 cents per share, a year ago.

The company's profit before special items was 29 cents per share.

Non-GAAP revenue rose 16 percent to $284.6 million.

Analysts on average had expected earnings of 27 cents per share, on revenue of $269 million.

Nuance's shares closed at $14.91 Monday on Nasdaq. (Reporting by Mansi Dutta in Bangalore; Editing by Gopakumar Warrier, Anne Pallivathuckal)