NICE Systems (NASDAQ: NICE) reported Q2 EPS of $1.06, $0.04 better than the analyst estimate of $1.02. Revenue for the quarter came in at $345 million versus the consensus estimate of $343.32 million.

“The continued strong execution around our growth pillars of cloud, analytics and artificial intelligence led to another quarter of double digit increases in total revenue and earnings per share. For each of these growth pillars, we believe that we are still at the early stage of our journey with a long runway for growth ahead of us,” said Barak Eilam, CEO, NICE.

Mr. Eilam continued, “A major part of this journey is the cloud, which grew 28% this quarter and is being driven by the continued success of our CXone platform, the only true, native, open cloud platform in the industry encompassing the broadest portfolio of customer experience solutions. We are witnessing a growing movement of large enterprises shifting to the cloud, and we are capturing an increasing number of these opportunities with CXone.

Analytics was also a healthy contributor to the strong results in the second quarter. Analytics solutions infused with artificial intelligence, like robotic process automation and ActimizeWatch, are helping to fuel the continued success of our analytics portfolio.”

GUIDANCE:

NICE Systems sees FY2018 EPS of $4.46-$4.66, versus the consensus of $4.54. NICE Systems sees FY2018 revenue of $1.434-1.458 billion, versus the consensus of $1.45 billion.

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