NICE Reports Strong Growth in Revenue and Profitability for the Third Quarter 2018 and Increases Full-Year 2018 Revenue and EPS Guidance

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NICE Systems Ltd (NICE) PT Raised to $120 at RBC Capital

November 9, 2018 7:28 AM EST

RBC Capital analyst Dan Bergstrom raised the price target on NICE Systems Ltd (NASDAQ: NICE) to $120.00 (from $105.00) while maintaining a Sector Perform rating.

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NICE Systems (NICE) Tops Q3 EPS by 5c, Revenues Beat; Raises FY18 EPS/Revenue Guidance

November 8, 2018 5:46 AM EST

NICE Systems (NASDAQ: NICE) reported Q3 EPS of $1.12, $0.05 better than the analyst estimate of $1.07. Revenue for the quarter came in at $356 million versus the consensus estimate of $351.46 million.

Revenues: Third quarter 2018 non-GAAP total revenues increased to $356.4 million, up 9.1% from $326.8 million for the third quarter of 2017.Gross Profit: Third quarter 2018 non-GAAP gross profit increased to $252.1 compared to $232.5 million for the third quarter of 2017. Non-GAAP gross margin was 70.7% compared to 71.2% for the third quarter of 2017.Operating Income: Third quarter 2018 non-GAAP operating income and... More