Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of business and is important item when evaluating financial statements of a company. Revenues from a firm's main business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Nuance Revenue Assessment
Based on latest financial disclosure Nuance Communications Inc reported 1.85 B of revenue. This is 81.38% lower than that of Technology sector, and 122.56% higher than that of Application Software industry, The Revenue for all stocks is 81.82% higher than the company.
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Nuance Communications Inc is rated below average in revenue category among related companies. Market size based on revenue of Application Software industry is now estimated at about 81.73 Billion. Nuance holds roughly 1.85 Billion in revenue claiming about 2.26% of stocks in Application Software industry.
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