Nuance's release states:
"Beginning this quarter, in combination with its press release, Nuance will provide a copy of prepared remarks for its quarterly investor conference call. This process and these remarks are offered to provide shareholders and analysts additional time and detail for analyzing Nuance’s results. To access the remarks, please visit nuance.com;
Those remarks are here
nuance.com
They claim that "In addition, owing to strong collections, days sales outstanding (DSO) were 41 days, down seven days from the end of fiscal 2007."
and
"DSOs
In Q4 2008, days sales outstanding (DSO) were 41 days, up slightly from 37 days in the third quarter 2008 and down 7 days from the end of fiscal 2007. We calculate DSOs net of deferred maintenance revenues."
Accounts receivable and unbilled receivables, net at 9/30 was $217,999 (000), and Q4 revenue was 253,392. From that I get 79 days. Might be something they do with "deferred maintenance revenues".
Taxes were almost zero.
Stock is slightly down A/H. and after the cc.
Revenue guidance is lower than expected for Q1, with about breakeven for Q1, and a FY09 loss of $.16 to $.06. |
