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Nice reports Q1 EPS $2.87, consensus $2.84

Reports Q1 revenue $700.19M, consensus $699.37M. “We’re pleased to report another strong quarter. Cloud revenue grew 12% in the first quarter compared to the same period last year, powering continued profitability, including a further expansion in operating margin and a double-digit increase in earnings per share,” said Scott Russell, CEO of NICE (NICE). “We also delivered record quarterly cash flow in Q1, with cash from operations rising to $285 million-a 12% year-over-year increase. Our industry-leading financial profile continues to differentiate us from competitors, giving us excellent financial flexibility to invest strategically to accelerate our long-term growth.”

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