NICE Systems (NICE) Tops Q1 EPS by 5c, Miss on Revenues; Offers Q2, FY17 Guidance

NICE Systems (NASDAQ: NICE) reported Q1 EPS of $0.89, $0.05 better than the analyst estimate of $0.84. Revenue for the quarter came in at $305.9 million versus the consensus estimate of $307.96 million.

GUIDANCE:

NICE Systems sees FY2017 EPS of $3.85-$4.05, versus the consensus of $3.91. NICE Systems sees FY2017 revenue of $1.33-1.354 billion, versus the consensus of $1.35 billion.

Second Quarter and Full Year 2017 Guidance:

Second Quarter 2017: Second quarter 2017 non-GAAP total revenues are expected to be in a range of $309 million to $319 million. Second quarter 2017 non-GAAP fully diluted earnings per share are expected to be in a range of $0.84 to $0.90.

Full Year 2017: Full year 2017 non-GAAP total revenues are reiterated to an expected range of $1,330 million to $1,354 million. Full year 2017 non-GAAP fully diluted earnings per share are increased to an expected range of $3.85 to $4.05.

For earnings history and earnings-related data on NICE Systems (NICE) click here.

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