NICE Expects Full-Year 2024 Non-GAAP Total Revenues Of $2.715B-$2.735B (Est $2.677B), Non-GAAP EPS Of $10.40-$10.60 (Est $9.94)
Portfolio Pulse from Benzinga Newsdesk
NICE has projected its full-year 2024 non-GAAP total revenues to be between $2.715 billion and $2.735 billion, surpassing the estimated $2.677 billion. Additionally, the company expects its non-GAAP EPS to range from $10.40 to $10.60, exceeding the estimated $9.94.
February 22, 2024 | 10:40 am
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POSITIVE IMPACT
NICE projects higher-than-expected revenues and EPS for 2024, indicating strong future performance.
NICE's projection of higher revenues and EPS than analysts' estimates typically indicates a positive outlook on the company's financial health and operational efficiency. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100