NICE Systems (NICE) Tops Q1 EPS by 7c; CFO Sagiv Resigns
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NICE Reports $226 Million Non-GAAP Revenue and $0.81 Non-GAAP EPS for the First Quarter 2016
May 5, 2016 5:30 AM EDTContinued 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... MoreNICE Systems Announces Departure of CFO Sarit Sagiv
May 5, 2016 5:25 AM EDTPARAMUS, 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
