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NICE Analysts Slash Their Forecasts After Q1 Results
NICE Ltd. (NASDAQ:NICE) reported upbeat earnings for its first quarter and issued second-quarter adjusted revenue guidance with its midpoint below estimates on Thursday.
NICE posted adjusted earnings of $2.58 per share, beating market estimates of $2.45 per share. The company's quarterly sales came in at $659.309 million versus expectations of $655.362 million, according to data from Benzinga Pro.
NICE said it sees second-quarter adjusted revenue of $657 million to $667 million versus estimates of $667.22 million. The company expects adjusted earnings of $2.53 to $2.63 per share, versus expectations of $2.52 per share.
“We are pleased to start the year ...