NICE Reports Strong Third Quarter 2019 Financial Results Driven by Robust Growth in Cloud Revenue
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NICE Systems (NICE) Tops Q3 EPS by 2c, Revenues Beat; Raises FY19 EPS Guidance
November 14, 2019 5:53 AM ESTNICE Systems (NASDAQ: NICE) reported Q3 EPS of $1.30, $0.02 better than the analyst estimate of $1.28. Revenue for the quarter came in at $387 million versus the consensus estimate of $385.17 million.
Non-GAAP Financial Highlights for the Third Quarter Ended September 30:
Revenues: Third quarter 2019 non-GAAP total revenues increased to $387.1 million, up 7.9% from $358.6 million for the third quarter of 2018.Gross Profit: Third quarter 2019 non-GAAP gross profit increased to $274.4 million from $254.7 million. Third quarter 2019 non-GAAP gross margin was 70.9% compared to 71.0% for the third quarter of 2018.Operating Income: Third... More