Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
NICE ( (NICE) ) has issued an announcement.
NICE Ltd. reported a strong financial performance for the full year 2024, with a notable 25% year-over-year increase in cloud revenue, reaching $2 billion. The company’s total revenue grew 15% to $2.7 billion, driven by robust cloud adoption and high operating margins, which resulted in a 48% rise in cash flow from operations to $833 million. NICE’s leadership in the customer experience industry was highlighted by the adoption of its AI solutions in 97% of large enterprise deals, positioning the company for future growth. The CEO emphasized the company’s commitment to leading the AI revolution in customer experience and expanding its ecosystem, leveraging its strong financial position and innovative platforms.
More about NICE
NICE Ltd. operates in the software industry, focusing primarily on cloud-based and AI-powered customer experience solutions. The company is known for its CXone platform, which integrates advanced AI solutions to enhance customer interactions and operational efficiency. NICE’s market focus is on leveraging AI to drive growth in customer experience and engagement sectors.
YTD Price Performance: 5.24%
Average Trading Volume: 419,439
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $11.16B
For detailed information about NICE stock, go to TipRanks’ Stock Analysis page.
