Nuance (NUAN)

Who are they?
Nuance is a leader in artificial intelligence, particularly voice recognition, across multiple industries including healthcare, financial services and telecommunications,

Why bother?

  • Revenue declined slightly compared to the prior year, down to $418.3 million, which still easily topped analysts’ estimates of roughly $406 million.
  • The company exceeded both its revenue and earnings-per-share guidance, while also producing margins equal to expectations and posting record revenue in its enterprise business.
  • They pivoted to a cloud provision, which generates more recurring revenue

It’s stock is trading 30.9% below all time high, at the time of writing.