Nuance Communications prices $600 million offering of 2.75% senior convertible debentures

Nuance Communications Inc. (NASDAQ:NUAN). Last Market Price: 23.96, Change: +0.47, % Change: (1.98%). Shares trade in the range of 23.59 – 24.57 dollars. It has a market capitalization of 7.32B dollars, making it a Mid Cap Stock and has 305.59M outstanding shares. The company has a beta of 1.45, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 0.14; P/E of 167.17. It operates in Technology sector and belongs to Software and Programming industry. Percentage shares held by institutional investors is 95%. The company has a 52 week high of $ 24.57 and a 52 week low of $ 14.79. Average volumes of shares traded daily are 3,940,000. Volume traded in the last session was at 19,240,000, 4.88 times the average volume.

• Nuance Communications prices $600 million offering of 2.75% senior convertible debentures
• Company announced the pricing of an offering of 600.0 million aggregate principal amount of its 2.75% senior convertible debentures due 2031.

For Q2 (Jun ’11), It had a Net profit margin of 12.65%, an Operating margin of 7.89%. Other Key stats and ratios are : Return on average assets of 4.22%, Return on average equity of 6.91%. The organization has an employee strength of 6,100

Consensus Recommendation is a Outperform.

Estimate for sales for the Quarter Ending Dec-11 show a mean of 376.08 million dollars, an estimate high of 394.90 million dollars and an estimate low of 361.40 million dollars. A year ago the figures stood at 357.30 million dollars.

Estimate for sales for the Quarter Ending Mar-12 show a mean of 386.74 million dollars, an estimate high of 401.40 million dollars and an estimate low of 365.00 million dollars. A year ago the figures stood at 368.96 million dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.36 dollars, an estimate high of 0.39 dollars and an estimate low of 0.29 dollars. A year ago the figures stood at 0.34 dollars.

Estimate for EPS for the Quarter Ending Mar-12 show a mean of 0.38 dollars, an estimate high of 0.42 dollars and an estimate low of 0.30 dollars. A year ago the figures stood at 0.35 dollars.

Sales for Quarter Ending Jun-11 was estimated at 337.83 million dollars, however the actual sales figure stood at 345.13 million dollars, 7.31 million dollars more than estimates.

Sales for Quarter Ending Mar-11 was estimated at 325.22 million dollars, however the actual sales figure stood at 332.01 million dollars, 6.79 million dollars more than estimates.

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