Nuance Communications (NUAN) has long been known as the technology that powers the Siri voice recognition for the Apple (AAPL) iPhone. Now the company is moving into the mobile virtual assistant area with the new Nina app technology. With a flat stock performance, Siri has done very little for the stock price. Will Nina make shareholders happier?
The company is a leading provider of voice and language solutions for businesses and consumers around the world. Its technologies, applications, and services make the user experience more compelling by transforming the way people interact with devices and systems.
The company reported strong Q3 2012 results that handily beat estimates with earnings coming in ahead of the $0.40 analyst estimates by $0.05.
Read the full article at Seeking Alpha.
Disclosure: Long AAPL. Please review the disclaimer page for more details.