Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
NICE Ltd (NCSYF)
OTHER OTC:NCSYF
Holding NCSYF?
Track your performance easily
Earnings Data
Report Date
Feb 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
3.04Last Year’s EPS
2.4Same Quarter Last Year
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: -14.33%
|Next Earnings Date:Aug 09, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue growth, profitability, and significant advancements in AI and partnerships. However, challenges with cloud deployment and AI adoption tempered the otherwise positive outlook. The company's strategic moves and financial performance indicate a generally positive trajectory, despite some operational hurdles.Company Guidance
During the third quarter of fiscal year 2024, NICE exceeded the high end of its guidance, showcasing a robust financial performance. Total revenue reached $690 million, marking a 15% increase compared to the same quarter last year. Cloud revenue grew by 24% to $500 million, pushing the annual recurring revenue (ARR) beyond the $2 billion mark. Operating income surged 20% to $221 million, while the operating margin increased by 140 basis points to a record 32%. Earnings per share (EPS) rose by 27% to $2.88, and the company generated $159 million in operating cash flow, a 32% increase from the previous year. For 2024, NICE maintains its total revenue guidance between $2.715 billion to $2.735 billion, with an updated EPS range of $10.95 to $11.15, representing a 26% increase at the midpoint.Record Revenue and Growth
Total revenue for Q3 2024 was $690 million, a 15% increase year-over-year. Cloud revenue grew 24% to $500 million, marking the highest cloud growth on the largest revenue base in the industry.
Strong Profitability Increase
Operating income surged 20% to $221 million, with an operating margin increase of 140 basis points to a record 32%. EPS grew 27% year-over-year to $2.88.
Significant Cash Flow
Generated $159 million in operating cash, a 32% increase year-over-year, continuing a trend of accelerating cash flow.
Partner Ecosystem Expansion
NICE added over 40 new partners, including more than 20 international partners, enhancing the partner ecosystem.
AI Solutions Growth
CXone Copilot ACV grew sixfold, and ACV of foundational AI knowledge technology grew by 163% year-over-year.
---
NCSYF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
NCSYF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 14, 2024 | $200.04 | $176.00 | -12.02% |
| Aug 15, 2024 | $170.94 | $170.94 | 0.00% |
| May 16, 2024 | $222.36 | $228.50 | +2.76% |
| Feb 22, 2024 | $225.25 | $225.25 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does NICE Ltd (NCSYF) report earnings?
NICE Ltd (NCSYF) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is NICE Ltd (NCSYF) earnings time?
NICE Ltd (NCSYF) earnings time is at Feb 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NCSYF EPS forecast?
NCSYF EPS forecast for the fiscal quarter 2024 (Q4) is 3.04.
---