NUAN - NUAN STOCK NEWS

Nuance Communications (NASDAQ: NUAN) has partnered with Leidos, a Fortune 500 technology firm, to enhance digital patient engagement solutions using Nuance's AI technology. The collaboration will leverage the Nuance Mix conversational AI platform, enabling Leidos to improve patient experience, care costs, and outcomes. Nuance Mix will facilitate the rapid development of virtual assistant solutions for healthcare, which includes appointment scheduling and prescription reminders. This partnership builds on Leidos' previous use of Nuance's Dragon Medical One solution.

Nuance Communications (NASDAQ: NUAN) announced that the U.S. Department of Veterans Affairs (VA) is now utilizing the Nuance Dragon Medical One speech recognition platform after receiving Authority to Operate (ATO) from the VA and FedRAMP. This integration allows VA physicians to document patient care more efficiently and securely. The approval supports compliance with federal data security standards and may encourage adoption by other federal agencies. The Dragon Medical One solution is compatible with existing VA health systems and is already widely used by over 550,000 physicians.

Nuance Communications (NASDAQ: NUAN) reported Q3 2021 financial results with GAAP revenue of $336.6 million, unchanged year-over-year. GAAP EPS was $(0.09), contrasting with last year's $0.01. Non-GAAP earnings per diluted share rose to $0.16 from $0.14. Healthcare revenue surged by 22% year-over-year, driven by cloud offerings, while Enterprise revenue increased by 5%. Despite a net loss of $26.3 million, operating cash flows improved to $45.8 million. Notably, Nuance's proposed merger with Microsoft at $56.00 per share is expected to close by December 31, 2021.

Nuance Communications (NASDAQ: NUAN) has partnered with Wings Financial Credit Union to enhance its member services through the deployment of Nuance's Intelligent Engagement platform and Gatekeeper voice biometrics. This initiative aims to provide personalized, secure experiences for members, accommodating the growing demand for digital interactions. The AI-driven solutions will enable 24/7 virtual assistant access, seamless communication transitions, and secure member authentication using advanced voice recognition technology. This collaboration underscores a commitment to member security and improved service delivery.

Olympus Corporation has launched SeleCT Connect, a new program offering its SeleCT™ Quantitative Computer Tomography (QCT) analysis service, now accessible to over 9,000 U.S. healthcare facilities via the Nuance AI Marketplace. This service optimizes patient screening for the Spiration Valve System, an FDA-designated breakthrough device aimed at treating COPD patients. The program automates the process of sending CT studies and integrating results into patient records to assist physicians in identifying eligible patients efficiently.

Nuance Communications (NASDAQ: NUAN) announced the release date for its third quarter fiscal 2021 results, scheduled for August 6, 2021, before market opening. Due to the pending transaction with Microsoft, the company will not hold a conference call or issue prepared remarks following the earnings release. Nuance, a leader in conversational AI and ambient intelligence, serves 77% of U.S. hospitals and 85% of Fortune 100 companies, providing innovative solutions to enhance operational effectiveness.

On July 8, 2021, Nuance Communications (NASDAQ: NUAN) was recognized as a "Best Company to Sell For" by Selling Power. This accolade highlights the company's strong sales culture, benefits, and training programs, especially its adaptation to digital and remote selling during the pandemic. Nuance's Chief Revenue Officer praised the sales team's expertise and the company's commitment to employee growth. This recognition follows multiple awards, including accolades for being a top employer for parents and for LGBTQ equality, demonstrating Nuance’s dedication to a supportive workplace.

On June 9, 2021, Nuance Communications (NASDAQ: NUAN) announced that the SouthEast Alaska Regional Health Consortium (SEARHC) has implemented the Nuance® Dragon® Ambient eXperience (DAX™) solution. This deployment aims to enhance healthcare access and improve physician efficiency, potentially increasing patient capacity from 10 to 14 daily. SEARHC, a prominent Native-run health system, plans to expand DAX usage across various specialties and is also constructing a new 25-bed hospital in Sitka. Initial feedback shows high physician satisfaction and positive impacts on patient care.