RA`ANANA, Israel (AP) — RA`ANANA, Israel (AP) — Nice Ltd. (NICE) on Thursday reported second-quarter net income of $187.4 million.
The Ra`Anana, Israel-based company said it had profit of $2.96 per share. Earnings, adjusted for one-time gains and costs, were $3.01 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.99 per share.
The software company posted revenue of $726.7 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $713.9 million.
For the current quarter ending in September, Nice expects its per-share earnings to range from $3.12 to $3.22.
The company expects full-year earnings in the range of $12.33 to $12.53 per share.
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