Nuance Communications reports bigger quarterly loss

Reuters News
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Posted: Aug 11, 2014 4:21 PM

(Reuters) - Speech recognition software maker Nuance Communications Inc reported a bigger third-quarter loss as costs rose.

The company, which makes the software that runs the Siri feature on Apple Inc's iPhones, said net loss widened to $54.2 million, or 17 cents per share, for the quarter ended June 30, compared with a loss of $35 million, or 11 cents per share, a year earlier.

Revenue rose marginally to $475.5 million from $469.8 million.

Total operating expenses rose 10.5 percent.

(Reporting By Lehar Maan in Bangalore; Editing by Saumyadeb Chakrabarty)