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Professional service fees include third party costs related to the acquisition, and legal and other professional service fees associated with disputes and regulatory matters related to acquired entities. Acquisition-related adjustments include adjustments to acquisition-related items that are required to be marked to fair value each reporting period, such as contingent consideration, and other items related to acquisitions for which the measurement period has ended, such as gains or losses on settlements of pre-acquisition contingencies.

We exclude the amortization of acquired intangible assets from non-GAAP expense and income measures. These amounts are inconsistent in amount and frequency and are significantly impacted by the timing and size of acquisitions. Providing a supplemental measure which excludes these charges allows management and investors to evaluate results "as-if" the acquired intangible assets had been developed internally rather than acquired and, therefore, provides a supplemental measure of performance in which our acquired intellectual property is treated in a comparable manner to our internally developed intellectual property.

Although we exclude amortization of acquired intangible assets from its non-GAAP expenses, we believe that it is important for investors to understand that such intangible assets contribute to revenue generation.

Amortization of intangible assets that relate to past acquisitions will recur in future periods until such intangible assets have been fully amortized. Future acquisitions may result in the amortization of additional intangible assets. We believe that providing the non-GAAP information to investors, in addition to the GAAP presentation, allows investors to view the financial impact of the acquisition of Transcend in the way management views the financial impact of the acquisition of Transcend.

We further believes that providing this information allows investors to not only better understand our financial performance, but more importantly, to evaluate the efficacy of the methodology and information used by management to evaluate and measure such performance. Media Relations : Holly Spring, holly. Investor Relations : Lance Cornell, lance.

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Financial Data. Top Movers. Unusual volumes. New Historical Highs. New Historical Lows. Long Term. Top Fundamentals. Sales growth. Earnings Growth. Rankings Valuation. Enterprise value. Top Consensus. Analyst Opinion. Target price. The combination of Nuance and Transcend will significantly improve the way patient data is captured, processed and used across the small- to mid-size hospital market, which comprises approximately 90 percent of hospitals in the U. Nuance will build upon Transcend's market leadership among this group of hospitals, expanding its customer base through the delivery of voice-enabled and Clinical Language Understanding-powered CLU solutions that help healthcare organizations of all sizes achieve Meaningful Use and accelerate the transition to ICD The combined company's offering will aid healthcare organizations' chief financial officers to lower costs associated with the administration and management of traditional clinical documentation and medical transcription processes, allowing them to prioritize core business activities, financial goals and patient care initiatives.

The company will provide guidance on the financial impact of the acquisition in conjunction with its second quarter earnings release on May 10th. Transcend Services, Inc. Its services encompass a wide range of solutions - people, products and processes - designed to turn medical dictation into meaningful electronic documents. Transcend provides its clients with exceptional quality, turnaround time and service so that they can focus on what matters most - their patients.

For more information, visit www. Nuance Healthcare, a division of Nuance Communications, is the market leader in providing clinical understanding solutions that accurately capture and transform the patient story into meaningful, actionable information. Thousands of hospitals, providers and payers worldwide trust Nuance voice-enabled clinical documentation and analytics solutions to facilitate smarter, more efficient decisions across the healthcare enterprise.

These solutions are proven to increase clinician satisfaction and HIT adoption, supporting organizations to achieve Meaningful Use of EHR systems and transform to the accountable care model. Its technologies, applications and services make the user experience more compelling by transforming the way people interact with devices and systems. Every day, millions of users and thousands of businesses experience Nuance's proven applications.

For more information, please visit www. This document contains forward-looking statements within the meaning of the federal securities laws.

Any statements that are not statements of historical fact including statements containing the words "believes," "plans," "anticipates," "expects," or "estimates" or similar expressions should be considered to be forward-looking statements, including, but not limited to, statements regarding the anticipated benefits of the Transcend acquisition, the combined company's product offerings and the expansion of Transcend's customer base.

Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, and actual outcomes and results could differ materially from current expectations. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including: the ability of Nuance to successfully integrate operations and employees of the acquired business; the ability to realize anticipated synergies from the acquired business; and the other factors described in Nuance's annual report on Form K for the fiscal year ended September 30, and quarterly report on Form Q for the quarter ended December 31, filed with the Securities and Exchange Commission.

Nuance disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this document. Media Relations : Holly Spring, holly. Advanced search. Forgot password? Or log in with. Sign up. Email Registration. English USA. English UK. English Canada. Deutsch Deutschland. Deutsch Schweiz. Nederlands Nederland. Markets Equities. Top Capitalization. United States. North America. Middle East. Sector Research. Financial Calendar. Equities Analysis.

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