RA`ANANA, Israel (AP) — RA`ANANA, Israel (AP) — Nice Ltd. (NICE) on Thursday reported first-quarter net income of $129.3 million.
On a per-share basis, the Ra`Anana, Israel-based company said it had profit of $2.01. Earnings, adjusted for one-time gains and costs, came to $2.87 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.84 per share.
The software company posted revenue of $700.2 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $699.4 million.
For the current quarter ending in June, Nice expects its per-share earnings to range from $2.93 to $3.03.
The company expects full-year earnings in the range of $12.28 to $12.48 per share.
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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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