Nuance to Release Fourth Quarter Fiscal 2021 Results on November 18, 2021

Rhea-AI Summary

Nuance Communications (NASDAQ: NUAN) has announced the release of its fourth quarter fiscal 2021 results on November 18, 2021, after market close. In light of its acquisition by Microsoft, the company will not hold a conference call or issue prepared remarks for this earnings release. The acquisition has received shareholder approval and is expected to close by the end of Q1 or early Q2 of fiscal 2022, contingent on regulatory approvals and other customary conditions. Nuance is a leader in conversational AI, serving major clients including 85% of Fortune 100 companies.

Positive

• Acquisition by Microsoft has been approved by shareholders.
• Expected closure of the Microsoft acquisition by early Q2 FY 2022.

Negative

• None.

BURLINGTON, Mass., Oct. 28, 2021 /PRNewswire/ -- Nuance Communications, Inc. (NASDAQ: NUAN) today announced that it will release its fourth quarter fiscal 2021 results on Thursday, November 18, 2021 after the market close.

Given the pending transaction with Microsoft, Nuance will not be hosting a conference call or issuing Prepared Remarks in conjunction with its fourth quarter 2021 earnings release. The acquisition has been approved by Nuance's shareholders, and we expect it to close by the end of the first quarter or early in the second quarter of fiscal year 2022, subject to the satisfaction of certain regulatory approvals and other customary closing conditions.

About Nuance Communications, Inc.
Nuance Communications (NASDAQ: NUAN) is a technology pioneer with market leadership in conversational AI and ambient intelligence. A full-service partner trusted by 77 percent of U.S. hospitals and 85 percent of the Fortune 100 companies worldwide, Nuance creates intuitive solutions that amplify people's ability to help others.

Trademark reference: Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries. All other trademarks referenced herein are the property of their respective owners.

Contact Information

For Investors
Michael Maguire
Senior Director of Investor Relations
Nuance Communications, Inc.
Tel: 781-565-4855
Email: michael.maguire@nuance.com

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SOURCE Nuance Communications, Inc.

FAQ

When will Nuance Communications release its Q4 fiscal 2021 results?

Nuance Communications will release its Q4 fiscal 2021 results on November 18, 2021, after market close.

Will Nuance hold a conference call for its Q4 earnings release?

No, Nuance will not host a conference call or issue prepared remarks in conjunction with its Q4 earnings release due to its pending acquisition by Microsoft.

What is the status of Nuance's acquisition by Microsoft?

The acquisition by Microsoft has been approved by Nuance's shareholders and is expected to close by the end of Q1 or early Q2 of fiscal 2022, pending regulatory approvals.

What market segments does Nuance serve?

Nuance serves notable market segments including 77% of U.S. hospitals and 85% of Fortune 100 companies.