Nuance Communications, Inc. (NUAN – Snapshot Report) released its second quarter fiscal 2016 earnings results after market close yesterday, posting earnings of $0.25 per share and revenue of $487.4 million.  

Currently, NUAN has a Zacks Rank #2 (Buy), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Nuance Communications:               

1. Beat earnings estimates. The company posted earnings of $0.25 per share, surpassing the Zacks Consensus Estimate of $0.21 per share. This number excludes $0.27 from non-recurring items.

2. Missed revenue estimates. The company saw revenue figures of $487.4 million, which lagged behind our consensus estimate of $491 million and decreased a slight 0.1% year-over-year.

3. Reported net new bookings of $313.7 million, up 3% from the year-ago period.

4. Posted record cash flow from operations of $159.9 million, up 33% from the second quarter of fiscal 2015.

5. NUAN was down $1.30, or 7.55%, to $15.91 as of 4:46 PM ET in after-hours trading shortly after its earnings report was released.

Here’s a graph that looks at Nuance Communcations’ stock performance over the past year:

Nuance Communications, Inc. is the leading provider of speech and imaging solutions for businesses and consumers around the world. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with information and how they create, share and use documents.

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