RA`ANANA, Israel (AP) — RA`ANANA, Israel (AP) — Nice Ltd. (NICE) on Thursday reported fourth-quarter earnings of $71.2 million.
The Ra`Anana, Israel-based company said it had net income of $1.07 per share. Earnings, adjusted for one-time gains and costs, came to $2.04 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.
The software company posted revenue of $568.6 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $570.4 million.
For the year, the company reported profit of $265.9 million, or $4 per share. Revenue was reported as $2.18 billion.
For the current quarter ending in March, Nice expects its per-share earnings to range from $1.92 to $2.02.
The company said it expects revenue in the range of $559 million to $569 million for the fiscal first quarter.
Nice expects full-year earnings in the range of $8.28 to $8.48 per share, with revenue ranging from $2.35 billion to $2.37 billion.
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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
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