Shares of Nuance Communications Inc. (NASDAQ:NUAN) ended Tuesday session in red amid volatile trading. The shares closed down -0.21 points or -1.49% at $13.90 with 3.61 million shares getting traded. Post opening the session at $14.13, the shares hit an intraday low of $13.74 and an intraday high of $14.30 and the price vacillated in this range throughout the day. The company has a market cap of $3.88 billion and the numbers of outstanding shares have been calculated to be 279.69 million shares.
Nuance Communications Inc. (NUAN) on September 15, 2016 announced that Nebraska Medicine, after a head-to-head competitive process, chose and implemented Nuance Dragon® Medical One as the cloud-based clinical speech recognition platform for its initiative to get physicians more engaged and satisfied with documentation processes in the electronic health record (EHR) system. Combining Epic’s tools for structured information with Nuance technology allows Nebraska Medicine’s physicians to use their voice to tell the patient’s complete patient story. Physicians take advantage of a single, consistent workflow rapidly completing high-quality documentation wherever they are working — the hospital, the clinic or somewhere in between.
After using Dragon Medical One, an organization-wide study of approximately 350 physicians confirmed:
- 94% of Nebraska Medicine’s physicians indicated that Nuance voice recognition helps them do their job better when practicing medicine;
- 71% stated that the quality of their documentation has improved significantly; and,
- 50% reported that Nuance helped them save more than 30 minutes a day.
“We not only wanted to positively impact usability and physician satisfaction, but we also wanted to give them the tools to provide even higher levels of patient care,” said Brian Lancaster, executive director of information management, Nebraska Medicine. “The Nuance solutions represent a natural evolution of what we want our documentation to become, moving away from simply recording what happened with a patient to helping guide physicians on what should happen next in terms of delivering patient care. The best time to inform these thought processes is right at the time of documentation, and these Nuance solutions help us achieve this goal.”
Shares of Infoblox Inc (NYSE:BLOX) ended Tuesday session in red amid volatile trading. The shares closed down -0.03 points or -0.11% at $26.32 with 3.59 million shares getting traded. Post opening the session at $26.30, the shares hit an intraday low of $26.28 and an intraday high of $26.38 and the price vacillated in this range throughout the day. The company has a market cap of $1.73 billion and the numbers of outstanding shares have been calculated to be XXXX million shares.
Infoblox Inc (BLOX) on Aug. 31, 2016 reported its financial results for its fourth fiscal quarter and fiscal year ended July 31, 2016. Total net revenue for the fourth quarter of fiscal 2016 was $86 million. Total net revenue for fiscal 2016 was a record $358 million, an increase of 17% compared with the total net revenue of $306 million in fiscal 2015.
On a GAAP basis, the Company reported a net loss of $10 million, or $0.18 net loss per diluted share, for the fourth quarter of fiscal 2016, compared with a net loss of $5 million, or $0.08 net loss per diluted share, for the fourth quarter of fiscal 2015. For fiscal 2016, the Company reported a GAAP basis net loss of $14 million, or $0.24 net loss per diluted share, compared with a net loss of $27 million, or $0.48 net loss per diluted share, in fiscal 2015.
On a non-GAAP basis, the Company reported net income of $4 million, or $0.08 net income per diluted share for the fourth quarter of fiscal 2016, compared with net income of $7 million, or $0.12 net income per diluted share for the fourth quarter of fiscal 2015. For fiscal 2016, on a non-GAAP basis, the Company reported net income of $26 million, or $0.43 net income per diluted share compared with net income of $23 million, or $0.38 net income per diluted share, in fiscal 2015.
“We had a strong finish to fiscal 2016,” said Jesper Andersen, president and chief executive officer. “Fourth quarter revenue grew 5% sequentially, and we achieved record fiscal 2016 revenue. We delivered this top line growth while generating strong cash flow and improving profitability in what continues to be a relatively challenging global business environment,” continued Andersen. “The number of security and cloud related deals grew as we successfully diversified our revenue stream and expanded our addressable market. These achievements are the result of the hard work of our highly talented and committed Infoblox team of employees. Looking forward, we continue to see multiple growth drivers for our business and believe we are very well positioned to execute on the opportunities ahead.”
Nuance Communications, NASDAQ:NUAN, Infoblox, NYSE:BLOX, NUAN, BLOX