NICE: Q1 Earnings Insights

NICE (NASDAQ:NICE) reported its Q1 earnings results on Thursday, May 11, 2023 at 05:30 AM. Here’s what investors…

NICE (NASDAQ:NICE) reported its Q1 earnings results on Thursday, May 11, 2023 at 05:30 AM.

Here’s what investors need to know about the announcement.

Earnings

NICE beat estimated earnings by 2.53%, reporting an EPS of $2.03 versus an estimate of $1.98.

Revenue was up $44.43 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 2.89% drop in the share price the next day.

Here’s a look at NICE’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.93 1.87 1.79 1.71
EPS Actual 2.04 1.92 1.86 1.80
Revenue Estimate 569.62M 548.81M 523.60M 510.81M
Revenue Actual 568.56M 554.72M 530.58M 527.43M

To track all earnings releases for NICE visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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