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Nice: Q2 Earnings Snapshot
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RA`ANANA, Israel (AP) — RA`ANANA, Israel (AP) — Nice Ltd. (NICE) on Wednesday reported second-quarter profit of $83.2 million.

The Ra`Anana, Israel-based company said it had net income of $1.40 per share. Earnings, adjusted for one-time gains and costs, came to $2.70 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.63 per share.

The software company posted revenue of $782.3 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $767.2 million.

For the current quarter ending in September, Nice expects its per-share earnings to range from $2.73 to $2.83.

The company said it expects revenue in the range of $780 million to $790 million for the fiscal third quarter.

Nice expects full-year earnings in the range of $11.06 to $11.26 per share, with revenue ranging from $3.17 billion to $3.19 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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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