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

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

November 8, 2018 5:30 AM EST

Strong Double Digit Growth in Operating Income and Earnings Per Share

Recurring Revenue Increased to 72% of Total Revenue

HOBOKEN, N.J.--(BUSINESS WIRE)-- NICE (NASDAQ: NICE) today announced results for the third quarter and nine months ended September 30, 2018.

Third Quarter 2018 Financial Highlights

GAAP Non-GAAP Revenue of $356 million, growth of 10% year-over-year Revenue of $356 million, growth of 9% year-over-year Cloud revenue of $117 million, growth of 21%... More