Global Malware Attacks Hit Nuance's Results

Global Malware Attacks Hit Nuance's Results

Cyberattacks are becoming a fact of life, but they can have huge impacts on businesses. Nuance Communications (NASDAQ: NUAN) was a victim of June's NotPetya malware attack, and the incident took what had been positive momentum from earlier in the year and forced the voice-recognition specialist to deal with the fallout.

Coming into Tuesday's fiscal third-quarter financial report, Nuance investors expected only modest gains to sales and were looking for declines in earnings. Yet they didn't fully understand just how big an impact the malware attacks would have on Nuance's results. Let's take a closer look at Nuance Communications and its latest report to learn more about what happened.

Image source: Nuance Communications.

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Source: Fool.com