Nuance posts loss as expenses rise
Feb 7 (Reuters) - Speech recognition software maker Nuance Communications Inc posted a quarterly loss, hurt by higher expenses.
The company reported a net loss of $22.1 million, or 7 cents per share, in the first quarter, compared with a profit of $9.3 million, or 3 cents per share, a year earlier.
Excluding items, Nuance, whose technology powers the Siri voice recognition feature in Apple Inc's iPhone, earned 35 cents per share.
Revenue rose 28 percent to $462.3 million.
- Police seek motive in fatal Washington state school shooting
- Two deputies killed, two others hurt in California shooting spree
- Wall St. finally turning on Amazon as Bezos magic fades
- Iran hangs woman convicted of killing alleged rapist
- Medical worker quarantined in New Jersey under new Ebola safeguards |