NICE Expects Q3 Adj Revenue of $676M-$686M Vs $688.199M Est, Adj EPS of $2.62-$2.72 Vs $2.69 Est
Portfolio Pulse from Benzinga Newsdesk
NICE Ltd. has provided its third-quarter 2024 guidance, expecting non-GAAP total revenues between $676 million and $686 million, slightly below the $688.199 million estimate. The company also anticipates non-GAAP fully diluted EPS to be in the range of $2.62 to $2.72, aligning closely with the $2.69 estimate.
August 15, 2024 | 9:37 am
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NICE Ltd. has issued its Q3 2024 guidance, expecting revenues between $676M and $686M, slightly below the $688.199M estimate. EPS is forecasted to be in the range of $2.62 to $2.72, close to the $2.69 estimate.
The revenue guidance is slightly below market expectations, which could be seen as a negative. However, the EPS guidance aligns closely with estimates, which may neutralize the impact. Overall, the news is likely to have a neutral short-term impact on NICE's stock price.
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