Recap: NICE Q1 Earnings

Shares of NICE NICE decreased 3.1% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share were up 13.56% over the past year to $1.34, which beat the estimate of $1.31.

Revenue of $411,207,000 up by 8.81% year over year, which beat the estimate of $410,100,000.

Outlook

Q2 EPS expected to be between $1.28 and $1.32.

Q2 revenue expected between $387,000,000 and $397,000,000.

Conference Call Details

Date: May 14, 2020

Time: 09:52 PM ET

Webcast URL: https://edge.media-server.com/mmc/p/229brcmihttps://edge.media-server.com/mmc/p/229brcmi

Technicals

52-week high: $183.42

52-week low: $110.59

Price action over last quarter: down 8.54%

Company Description

Nice is an enterprise software company that operates in two segments: customer engagement and financial crime and compliance. The company develops on-premises and cloud software based on data analytics. In customer engagement, Nice uses its software to offer services in both workforce engagement management and contact center infrastructure, serving both niches. WEM products optimize call center efficiency, using data for call volume forecasting and scheduling. Nice's CCI products are cloud-based infrastructure products for back-end call routing. In financial crime and compliance, Nice sells anti-money-laundering, risk management, and fraud prevention software products.