NICE Systems (NICE) Declares $0.16 Quarterly Dividend; 1% Yield

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Go back to NICE Systems (NICE) Declares $0.16 Quarterly Dividend; 1% Yield

NICE Reports $226 Million Non-GAAP Revenue and $0.81 Non-GAAP EPS for the First Quarter 2016

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

NICE Systems Announces Departure of CFO Sarit Sagiv

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