NICE Raises FY23 Non-GAAP Total Revenues Outlook From $2.35B-$2.37B To $2.353B-$2.373B (Est. $2.37B), Non-GAAP EPS From $8.32-$8.52 To $8.40-$8.60 (Est. $8.44)
Portfolio Pulse from Benzinga Newsdesk
NICE has increased its FY23 Non-GAAP total revenues outlook from $2.35B-$2.37B to $2.353B-$2.373B, slightly above the estimated $2.37B. The company also raised its Non-GAAP EPS from $8.32-$8.52 to $8.40-$8.60, which is in line with the estimated $8.44.
August 17, 2023 | 9:37 am
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NICE has raised its FY23 Non-GAAP total revenues and EPS outlook, which could potentially lead to a positive market reaction.
NICE's raised outlook for FY23 Non-GAAP total revenues and EPS indicates a positive financial performance, which could potentially lead to a positive market reaction. Investors often react positively to upward revisions in company outlooks as it suggests stronger future performance.
CONFIDENCE 90
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RELEVANCE 100