NUAN Nuance Communications Inc.
Nuance Communications, Inc. is the pioneer in conversational AI innovations that bring intelligence to everyday work and life. It delivers solutions that understand, analyze and respond to people, amplifying human intelligence to increase productivity and security. The firm operates through the following segments: Healthcare, Enterprise, Automotive, and Other. The Healthcare segment improves clinical documentation, improve quality of care, minimize physician burnout, integrate quality measures and aid reimbursement. The Enterprise segment engages in multi-channel access to customer service from the businesses they interact with is driving demand for AI-powered omni-channel engagement solutions. The Automotive segment provides embedded and cloud-based automotive solutions. The other segment includes SRS and Devices businesses The company was founded in March 1992 and is headquartered in Burlington, MA.
Company profile
Ticker
NUAN
Exchange
Website
CEO
Mark D. Benjamin
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Microsoft • Oracle • Activision Blizzard • NortonLifeLock • Adobe • BlackBerry Limited • Ceridian HCM Holding • VMware • Intuit • SolarWinds ...
Former names
SCANSOFT INC, VISIONEER INC
SEC CIK
Corporate docs
IRS number
943156479
NUAN stock data
()
Investment data
Securities sold
Number of investors
Calendar
6 Aug 20
12 Aug 20
30 Sep 20
News
Company financial data Financial data
| Quarter (USD) | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|
| Revenue | 338.4M | 369.34M | 418.23M | 470.66M | |
| Net income | 16.66M | -13.51M | 48.69M | 108.13M | |
| Diluted EPS | 0.06 | -0.07 | 0.17 | 0.37 | |
| Net profit margin | 4.92% | -3.66% | 11.64% | 22.97% | |
| Operating income | 22.44M | 25.11M | 52.11M | 56.28M | |
| Net change in cash | -157.35M | 96.45M | -259.5M | 24.58M | |
| Cash on hand | 240.56M | 397.91M | 301.46M | 560.96M | |
| Cost of revenue | 144.18M | 157.09M | 184.39M | 264.77M |
| Annual (USD) | Sep 19 | Sep 18 | Sep 17 | Sep 16 | |
|---|---|---|---|---|---|
| Revenue | 1.82B | 1.84B | 1.73B | 1.98B | |
| Net income | 213.81M | -159.93M | -151M | -12.46M | |
| Diluted EPS | 0.74 | -0.55 | -0.52 | -0.04 | |
| Net profit margin | 11.73% | -8.68% | -8.74% | -0.63% | |
| Operating income | 132.67M | -117.48M | 16.51M | 138.52M | |
| Net change in cash | 245M | 0 | -165.66M | 2.17M | |
| Cash on hand | 560.96M | 315.96M | 315.96M | 481.62M | |
| Cost of revenue | 779.92M | 825.39M | 803.84M | 829.5M |
Financial data from company earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Jul 20 | Daniel David Tempesta | Common Stock | Sell | Dispose S | Yes | 25.5 | 2,833 | 72.24K | 519,770 |
| 16 Jun 20 | Thomas L Beaudoin | Common Stock | Sell | Dispose S | No | 22.8906 | 7,600 | 173.97K | 202,599 |
| 3 Jun 20 | Thomas L Beaudoin | Common Stock | Sell | Dispose S | No | 23.425 | 100 | 2.34K | 210,199 |
| 3 Jun 20 | Thomas L Beaudoin | Common Stock | Sell | Dispose S | No | 23.42 | 2,308 | 54.05K | 210,299 |
| 3 Jun 20 | Thomas L Beaudoin | Common Stock | Sell | Dispose S | No | 23.41 | 1,584 | 37.08K | 212,607 |
| 3 Jun 20 | Thomas L Beaudoin | Common Stock | Sell | Dispose S | No | 23.401 | 2,000 | 46.8K | 214,191 |
| 3 Jun 20 | Thomas L Beaudoin | Common Stock | Sell | Dispose S | No | 23.4 | 4,008 | 93.79K | 216,191 |
| 2 Jun 20 | Robert Dahdah | Common Stock | Sell | Dispose S | No | 23.5653 | 7,300 | 172.03K | 253,099 |
| 1 Jun 20 | Giterman Arthur G. | Common Stock | Sell | Dispose S | No | 23.35 | 4,497 | 105K | 95,407 |
Institutional ownership Q1 2020
91.5% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 328 |
| Opened positions | 61 |
| Closed positions | 61 |
| Increased positions | 91 |
| Reduced positions | 124 |
13F shares |
Current |
|---|---|
| Total value | 4.34B |
| Total shares | 257.41M |
| Total puts | 859.26K |
| Total calls | 1.16M |
| Total put/call ratio | 0.7 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 26.73M | $448.49M |
| Clearbridge Advisors | 18.1M | $303.77M |
| Victory Capital Management | 14.09M | $236.35M |
| BLK BlackRock | 13.78M | $231.26M |
| Primecap Management | 7.7M | $129.16M |
| Southpoint Capital Advisors | 7M | $117.46M |
| Contour Asset Management | 6.92M | $116.16M |
| Parnassus Investments | 6.89M | $115.58M |
| RGM Capital | 6.45M | $108.16M |
| Glenview Capital Management | 6.11M | $102.57M |
Financial report summary
?Competition
Intervoice • Microsoft • Adobe • Ditech Networks • Avaya • Verint Systems • Google • Nivs Intellimedia Technology • Genesys • Avaya
Content analysis
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| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. sophomore Avg
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New words:
aggravated, Ambient, amid, benchmark, characterization, confident, coping, correction, essentially, evidence, fifty, footprint, legislation, likelihood, lived, organizational, phased, precaution, pretax, prevailing, recharacterization, reopening, resume, shutdown, simplification, straddled, sustain, taxable
Financial reports
10-Q
2020 Q3
Quarterly report
6 Aug 20
10-Q
2019 Q2
Quarterly report
8 May 20
10-Q
2020 Q1
Quarterly report
7 Feb 20
10-K
2019 FY
Annual report
26 Nov 19
10-Q
2019 Q3
Quarterly report
9 Aug 19
10-Q
2019 Q2
Quarterly report
9 May 19
10-Q
2019 Q1
Quarterly report
8 Feb 19
10-K
2018 FY
Annual report
20 Nov 18
10-Q
2018 Q3
Quarterly report
9 Aug 18
10-Q
2018 Q2
Quarterly report
10 May 18
Current reports
8-K
Nuance Announces Third Quarter 2020 Results
5 Aug 20
8-K
Entry into a Material Definitive Agreement
5 Aug 20
8-K
Nuance Announces Second Quarter 2020 Results
7 May 20
8-K
Other Events
20 Mar 20
8-K
Nuance Announces First Quarter 2020 Results
5 Feb 20
8-K
Nuance Announces Redemption of 2.75% Senior Convertible Debentures due 2031
5 Feb 20
8-K
Departure of Directors or Certain Officers
22 Jan 20
8-K
Nuance Announces Fourth Quarter and Fiscal Year 2019 Results
20 Nov 19
8-K
Amendments to Articles of Incorporation or Bylaws
7 Nov 19
8-K
Unaudited Pro Forma Condensed Consolidated Financial Statements
7 Oct 19
Registration and prospectus
S-8
Registration of securities for employees
13 Feb 20
S-8
Registration of securities for employees
7 Feb 19
S-8
Registration of securities for employees
10 May 18
S-8
Registration of securities for employees
8 Feb 17
D
$85M in equity, sold $85M, 40 investors
25 Aug 16
S-3ASR
Automatic shelf registration
16 Aug 16
S-8
Registration of securities for employees
11 May 16
S-8
Registration of securities for employees
6 Feb 15
8-A12B/A
Registration of securities on exchange (amended)
18 Aug 14
8-A12B
Registration of securities on exchange
20 Aug 13
Proxies
DEFA14A
Additional proxy soliciting materials
10 Jan 20
DEFA14A
Additional proxy soliciting materials
30 Dec 19
DEFA14A
Additional proxy soliciting materials
12 Dec 19
DEF 14A
Definitive proxy
12 Dec 19
DEFA14A
Additional proxy soliciting materials
4 Jan 19
DEFA14A
Additional proxy soliciting materials
4 Dec 18
DEF 14A
Definitive proxy
4 Dec 18
DEFA14A
Additional proxy soliciting materials
16 Feb 18
DEF 14A
Definitive proxy
26 Jan 18
DEF 14A
Definitive proxy
16 Dec 16
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
31 May 17
UPLOAD
Letter from SEC
9 May 17
CORRESP
Correspondence with SEC
28 Apr 17
CORRESP
Correspondence with SEC
13 Apr 17
UPLOAD
Letter from SEC
30 Mar 17
CORRESP
Correspondence with SEC
10 Mar 17
CORRESP
Correspondence with SEC
3 Mar 17
Ownership
SC 13G
Nuance Communications / VIKING GLOBAL INVESTORS ownership change
10 Aug 20
4
Nuance Communications / Daniel David Tempesta ownership change
6 Jul 20
4
Nuance Communications / THOMAS L BEAUDOIN ownership change
17 Jun 20
4
Nuance Communications / THOMAS L BEAUDOIN ownership change
4 Jun 20
4
Nuance Communications / Daniel David Tempesta ownership change
3 Jun 20
4
Nuance Communications / Arthur G. Giterman ownership change
3 Jun 20
4
Nuance Communications / Robert Dahdah ownership change
3 Jun 20
4
Nuance Communications / Arthur G. Giterman ownership change
22 May 20
4
Nuance Communications / ROBERT WEIDEMAN ownership change
18 May 20
4
Nuance Communications / Daniel David Tempesta ownership change
4 May 20
Patents
APP
Utility
Virtual Medical Assistant Methods and Apparatus
30 Jul 20
In some aspects, a method of using a virtual medical assistant to assist a medical professional, the virtual medical assistant implemented, at least in part, by at least one processor of a host device capable of connecting to at least one network is provided.
GRANT
Utility
System and method for rapid customization of speech recognition models
28 Jul 20
Disclosed herein are systems, methods, and non-transitory computer-readable storage media for generating domain-specific speech recognition models for a domain of interest by combining and tuning existing speech recognition models when a speech recognizer does not have access to a speech recognition model for that domain of interest and when available domain-specific data is below a minimum desired threshold to create a new domain-specific speech recognition model.
APP
Utility
Mobile Device for Speech Input and Text Delivery
23 Jul 20
Aspects of the disclosure provide systems and methods for facilitating dictation.
APP
Utility
Multimodal User Interface for a Vehicle
9 Jul 20
Some embodiments described herein relate to a multimodal user interface for use in an automobile.
APP
Utility
Multimodal Input Processing for Vehicle Computer
9 Jul 20
Provided are a system and method of input to a computer in a vehicle.