UBS Remains Sidelined on Nuance Communications (NUAN) - PT to $16

Nuance Board of Directors Extends Paul Ricci’s Contract as Chairman and CEO; Mr. Ricci to Retire at End of Term

Announces that Bill Robbins, EVP Worldwide Sales, is Leaving Nuance as Part of Planned Sales Realignment and Transformation

BURLINGTON, Mass.--(BUSINESS WIRE)-- Nuance Communications, Inc. (NASDAQ: NUAN) today announced that its Board of Directors has extended Nuance Chairman and CEO Paul Riccis employment agreement through the first half of fiscal 2018. Mr. Ricci has advised the Board that he intends to retire at the end of this term. The Board of Directors will undertake a search process to choose Mr. Riccis successor during the term.

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Nuance Announces Fourth Quarter and Fiscal Year 2016 Results

Reports Record Net New Bookings and Cash Flow From Operations for Fiscal Year 2016

BURLINGTON, Mass.--(BUSINESS WIRE)-- Nuance Communications, Inc. (NASDAQ: NUAN) today announced financial results for its fiscal 2016 and fourth quarter, ended September 30, 2016. In fiscal 2016 Nuance saw improvement across numerous key metrics as the business continued to transition toward recurring revenue models, executed on transformation initiatives, and positioned the company for future long-term growth.

Nuance delivered a strong fourth quarter and ended fiscal 2016 with excellent performance and momentum as demonstrated by the following:

ROOBO and Nuance to Deliver Conversational AI Robots Globally

ROOBO to leverage the Nuance Mix platform to integrate voice and natural language capabilities into service and educational robots

BURLINGTON, Mass.--(BUSINESS WIRE)-- Nuance Communications, Inc. (NASDAQ: NUAN) today announced that ROOBO will be leveraging the... More