Yes. Selected words can be copied and pasted in the normal way into any other app.
It is also possible to copy selected words with speaker name and timestamp by doing one of the following:
- Choose Edit > Copy with Metadata
- Press Command-Option-C
When pasted into another app, this will give
Leland [00:00:21] I'm in London now at a wonderful park bench here in Cleveland Square. And in New York, Central Park is the park bench capital of the world.
Please note selected words must be in the same speaker range.