RA`ANANA, Israel (AP) — RA`ANANA, Israel (AP) — Nice Ltd. (NICE) on Thursday reported first-quarter net income of $76.9 million.
The Ra`Anana, Israel-based company said it had net income of $1.15 per share. Earnings, adjusted for one-time gains and costs, were $2.03 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share.
The software company posted revenue of $571.9 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $565 million.
Nice expects full-year earnings in the range of $8.32 to $8.52 per share, with revenue in the range of $2.35 billion to $2.37 billion.
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