NICE Reports 32% Growth in Cloud Revenue for the First Quarter of 2021

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NICE (NICE) Tops Q1 EPS by 5c, Revenues Beat; Raises FY21 EPS/Revenues Guidance Above Consensus, Affirms 2Q EPS/Revs. View

May 13, 2021 5:56 AM EDT

NICE (NASDAQ: NICE) reported Q1 EPS of $1.54, $0.05 better than the analyst estimate of $1.49. Revenue for the quarter came in at $457 million versus the consensus estimate of $450.84 million.

We are pleased to begin 2021 on a high note as we reported very strong first quarter results across the board, including double-digit growth in both total revenue and earnings per share, said Barak Eilam, CEO, NICE. Driving this outstanding performance is our continued robust growth in cloud, as we are witnessing... More