NICE Ltd. (NICE) released a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $99.509 million, or $1.54 per share. This compares with $81.652 million, or $1.24 per share, last year.
Excluding items, NICE Ltd. reported adjusted earnings of $195.776 million or $3.02 per share for the period.
Analysts on average had expected the company to earn $2.95 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 15.8% to $721.600 million from $623.192 million last year.
NICE Ltd. earnings at a glance (GAAP) :
-Earnings: $99.509 Mln. vs. $81.652 Mln. last year.
-EPS: $1.54 vs. $1.24 last year.
-Revenue: $721.600 Mln vs. $623.192 Mln last year.
Looking ahead, for the first quarter, NICE expects adjusted income per share of $2.78 to $2.88, representing a 10 percent year-over-year growth at the midpoint.
First-quarter revenue is anticipated to be in the range of $693 to $703 million, up 6 percent from last year at the midpoint.
For the full-year 2025, adjusted earnings per share are expected to be in the range of $12.13 to $12.33, representing a 10 percent year over year growth at the midpoint.
Annual revenue is anticipated to be in a range of $2.918 to $2.938 billion, up 7 percent year-over-year at the midpoint.
NICE was down by 8.68 percent at $163 in the pre-market trade on the Nasdaq.
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