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.
_____
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: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.