NiCE Ltd. (NICE, NICE.TA), a Israeli-based enterprise software company, on Wednesday, reported lower net income in the first quarter of 2026 compared with the previous year.
For the first quarter, net income declined to $46.81 million from $129.29 million in the previous year.
Earnings per share were $0.77 versus $2.01 last year.
Adjusted net income fell to $160.06 million from $185.03 million in the same period a year ago.
Adjusted earnings per share were $2.64 versus $2.87 last year.
Adjusted EBITDA slid to $223.98 million from $235.34 million in the previous year.
Operating income declined to $126.75 million from $148.17 million in the prior year.
Revenue for the period increased to $768.62 million from $700.19 million in the previous year.
Further, the company said that the integration of Cognigy GmbH is ahead of plan, strengthening NiCE's AI-native CX platform and positioning the company for continued growth in 2026.
Looking ahead, the company expects second-quarter 2026 adjusted revenue of $761 million to $771 million, representing 5.5% year over year growth at the midpoint, and adjusted earnings per share of $2.60 to $2.70.
The company reiterates full-year 2026 adjusted revenue of $3.17 billion to $3.19 billion, representing 8% year over year growth at the midpoint, and raising adjusted earnings per share guidance to $10.98 to $11.18, including cloud revenue growth of 13% to 15%.
In the pre-market trading, NiCE is 9.05% lesser at $113.70 on the Nasdaq.
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