Here are four things to know.
1. Nuance reported $486.22 million in revenue for the third quarter, compared to $477.85 one year prior. The company predicted its adjusted revenue would be between $494 million to $498 million.
2. The company reported net new bookings of $438.5 million, up 20.8 percent from $362.9 million one year prior.
3. Nuance reported a net loss of $27.83 million for the third quarter, or $0.10 per share, compared to a net loss of $11.82 million, or $0.04 per share, the year prior.
4. The company believes it lost roughly $15.4 million in revenue for the third quarter due to the malware disruption. Nuance estimates its revenue would have been $501.6 million for the quarter, and its earnings per share $0.04, had the malware attack not occurred.
More articles on health IT:
University of Miami Health System, Gozio partner to offer patient navigation app
5 most popular healthcare cybersecurity frameworks
National Cybersecurity Center alleviates 90% of cyberthreats
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
