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Nice: 3Q Earnings Snapshot

November 14, 2019 GMT

RA`ANANA, Israel (AP) _ Nice Ltd. (NICE) on Thursday reported third-quarter earnings of $45 million.

The Ra`Anana, Israel-based company said it had net income of 69 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.30 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.

The software company posted revenue of $386.3 million in the period. Its adjusted revenue was $387.1 million, also topping Street forecasts. Four analysts surveyed by Zacks expected $385 million.

Nice expects full-year earnings in the range of $5.15 to $5.35 per share, with revenue in the range of $1.56 billion to $1.58 billion.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NICE at https://www.zacks.com/ap/NICE