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Nice Corporation Faces Profit Decline Amidst Sales Growth

Nice Corporation Faces Profit Decline Amidst Sales Growth

Nice Corporation (JP:8089) has released an update.

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Nice Corporation reported a slight increase in net sales by 4.5%, but saw a significant drop in profits for the quarter ending June 30, 2024, with profit attributable to owners of the parent company decreasing by 99.9%. The company’s equity ratio improved slightly to 33.6%, with a forecast for a modest rise in net sales and operating profit for the fiscal year ending March 31, 2025. Dividend forecasts for the fiscal year remain unchanged, promising 65 yen per share in total.

For further insights into JP:8089 stock, check out TipRanks’ Stock Analysis page.

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