RA’ANANA, Israel (AP) — RA’ANANA, Israel (AP) — Nice Ltd. (NICE) on Thursday reported third-quarter earnings of $120.9 million.
The Ra’Anana, Israel-based company said it had profit of $1.86 per share. Earnings, adjusted for stock option expense and amortization costs, were $2.88 per share.
The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.68 per share.
The software company posted revenue of $690 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $682.7 million.
Nice expects full-year earnings in the range of $10.95 to $11.15 per share, with revenue in the range of $2.72 billion to $2.74 billion.
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