NICE Systems (NICE) Tops Q1 EPS by 7c; CFO Sagiv Resigns
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May 5, 2016 5:30 AM EDT
Continued Strong Growth in Operating Margin and Earnings Per Share
Company Raises Full-Year Earnings Per Share Guidance
PARAMUS, N.J.--(BUSINESS WIRE)--
NICE Systems (NASDAQ: NICE) today announced results for the first
quarter ended March 31, 2016.
First Quarter 2016 non-GAAP Financial Highlights:
Revenues of $226.1 million, up 4.3% year-over-year
Gross margin of 70.6%, up from 69.8% last year
Operating income of $57.8 million, up 14.6% year-over-year
Operating margin of 25.6%, up from...
More
May 5, 2016 5:25 AM EDT
PARAMUS, N.J.--(BUSINESS WIRE)--
NICE Systems (NASDAQ: NICE) today announced that Sarit Sagiv,
Chief Financial Officer, has decided to leave the Company in the coming
months to pursue new opportunities. Ms. Sagiv has served as NICE CFO
since early 2015.
Barak Eilam, CEO, stated, While Sarit has been with NICE for a short
period of time, she has made a number of valuable contributions
that we will be able to build on and take to the next level in our
ongoing transformation to a true enterprise... More
