When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Nuance turned in a better-than-expected Q4'20 financial performance, beating on both revenue and non-GAAP earnings. Despite the beat, revenue was down 9% YoY primarily due to the pandemic.
Healthcare cloud-based ARR was up 29% for the full year. The Dragon Medical Cloud grew 38%.
Divestiture of HIM Transcription and EHR allows the company to focus on cloud transition and sustainable recurring revenue.
The stock is overvalued according to my relative valuation assessment and headwinds are expected for the coming quarter.