Data analysis software company NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) A 10.9% increase in first-quarter revenue to $ 455.0 million today, compared to $ 410.40 million for the first quarter of 2020. On a GAAP basis, the company’s first-quarter net profit was 52.2 million. $ US, up from $ 46.1 million in the first quarter of 2020. On a non-GAAP basis, Nice Systems reported a first-quarter net profit of $ 102.8 million, up from $ 87.9 million for the first quarter of 2020. Non-GAAP earnings per share rose 14.9% to $ 1.54, compared to $ 1.34 for the first quarter of 2020. This is $ 0.05 higher than analyst estimates of $ 1.49. For the second quarter, Nice Systems expects revenue to range from $ 445 million to $ 455 million, and non-GAAP earnings per share in the range of $ 1.45 to $ 1.55. The company raised its full-year revenue guidance to a range of $ 1,800 million to $ 1,820 million from $ 1,790 million to $ 1,810 million in its previous guidance. Earnings per share are expected to range from $ 6.19 to $ 6.39 for the full year, compared to previous guidance from $ 6.12 to $ 6.32. The current analyst consensus estimate is for earnings per share of $ 6.23 in 2021. “We are excited to start 2021 on a high note as we reported very strong first-quarter results in all areas, including double numbers,” said Barack Elam, CEO of Nice Systems. Growth in total revenue and earnings per share.This outstanding performance is driving our continued strong growth in the cloud, as we see more rapid penetration of CXone in all market sectors, especially in very large organizations, which is a part of the market in which we enjoy distinctly different destination Competitive consideration. ” Nice Systems share price closed 0.41% higher in Tel Aviv today. In New York, the stock is currently up 1.22% to $ 224.74, giving the company a market capitalization of $ 14.52 billion. Posted by Globes, Israel business news – en.globes.co.il – May 13, 2021 © Copyright Globes Publisher Itonut (1983) Ltd. 2021
Nice Systems outperforms analysts and lifts guidance
0 Comments