No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, September 22, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Nice rises then plunges on Q2 results

by TheAdviserMagazine
1 month ago
in Business
Reading Time: 2 mins read
A A
Nice rises then plunges on Q2 results
Share on FacebookShare on TwitterShare on LInkedIn



Customer service and risk management software company Nice has reported a positive second quarter, and confirmed its annual revenue guidance and raised its profit guidance. The company beat the consensus analysts’ estimate on both revenue and profit, with quarterly revenue of $727 million and non-GAAP earnings per share of $3.01, thanks to the strength of its cloud business.

On the release of the results, Nice’s share price jumped by about 4% on the Tel Aviv Stock Exchange, but it has since fallen back sharply and is now down by 5.2%. On Nasdaq, the stock is down 7.43%, at $137.

Second quarter revenue was up 9.4% in comparison with the corresponding quarter of 2024. Cloud revenue grew by 12.2%, and represented 74.4% of the total. In the first half year, revenue grew 7.8% to $1.43 billion, with cloud revenue surpassing $1 billion. Revenue from services declined while revenue from products rose.

On a GAAP basis, Nice’s net profit rose to $187 million for the quarter and $317 million for the half. On a non-GAAP basis, the figures were $190 million and $375 million.

Operating cash flow in the second quarter was $61.3 million. $30.8 million was used for share repurchases. At the end of the quarter, the company had total cash and cash equivalents and short-term investments of $1.6 billion, and debt of $460 million. Nice recently announced the acquisition of German company Cognigy for $955 million, an acquisition meant to deepen its activity in AI, which up to now has been perceived as a threat to its business.

The company reaffirmed its guidance for 2025 non-GAAP total revenue, which is expected to be in a range of $2.92 billion to $2.94 billion, representing 7% year over year growth at the midpoint. It raised its guidance for full-year non-GAAP fully diluted earnings per share, which is expected to be in a range of $12.33 to $12.53, representing 12% year over year growth at the midpoint.

Nice CEO Scott Russell said of the second quarter results, “This performance was driven by continued strength in our cloud business, which grew 12% year-over-year. A key catalyst behind this momentum is the accelerating demand for AI and self-service solutions, with annual recurring revenue in this part of our business rising an impressive 42% compared to the same period last year.

“AI is at the core of our strategy, and we are at the forefront of the AI-first transformation in the customer experience market. And this is just the beginning. Our momentum is set to accelerate further with the upcoming integration of Cognigy’s industry-leading CX-AI conversational and agentic capabilities upon closing of the transaction, enabling us to deliver truly human-like, AI-first customer experiences on CXone Mpower. Our continued leadership in AI innovation is powered by our solid financial foundation, strong profitability, and robust balance sheet, as well as a growing number of strategic partnerships secured over the past six months.”

Published by Globes, Israel business news – en.globes.co.il – on August 14, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: niceplungesresultsRises
ShareTweetShare
Previous Post

Applied Materials Q3 2025 Earnings Call: Listen Live and Follow Along with the Real-Time Transcript

Next Post

Book Review: Can’t Deny It

Related Posts

edit post
Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

by TheAdviserMagazine
September 22, 2025
0

Disney said Monday that Jimmy Kimmel’s late-night show will return to ABC on Tuesday, after suspending it last week amid...

edit post
Retailers are snipping price tags and ditching discounts to keep up with tariffs

Retailers are snipping price tags and ditching discounts to keep up with tariffs

by TheAdviserMagazine
September 22, 2025
0

Ever since President Donald Trump’s sweeping Liberation Day tariff announcement in April, retailers have been chained to thinking and talking...

edit post
Nvidia pours 0 billion into OpenAI just days after pledging  billion to Intel

Nvidia pours $100 billion into OpenAI just days after pledging $5 billion to Intel

by TheAdviserMagazine
September 22, 2025
0

Nvidia is preparing one of the largest investments in the history of artificial intelligence, pledging up to $100 billion in...

edit post
‘Govt’s market borrowings for H2 to remain unchanged from budgeted estimates’

‘Govt’s market borrowings for H2 to remain unchanged from budgeted estimates’

by TheAdviserMagazine
September 22, 2025
0

New Delhi: Nomura Monday said it expects the government's market borrowing for the second half of FY26 to remain unchanged...

edit post
CBIC asks staff to track prices before, after GST cut

CBIC asks staff to track prices before, after GST cut

by TheAdviserMagazine
September 22, 2025
0

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has asked its field officials across the country to...

edit post
Nvidia, Apple, Kenvue, and More

Nvidia, Apple, Kenvue, and More

by TheAdviserMagazine
September 22, 2025
0

Qilai Shen / Bloomberg / Getty Images Nvidia shares climbed after the chipmaker announced a $100 billion investment in ChatGPT...

Next Post
edit post
Book Review: Can’t Deny It

Book Review: Can’t Deny It

edit post
How accounting firms can break out of comfort zones

How accounting firms can break out of comfort zones

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Who Needs a Trust Instead of a Will in North Carolina?

Who Needs a Trust Instead of a Will in North Carolina?

September 1, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a  cheesesteak every 58 seconds

Big Dave’s Cheesesteaks CEO grew up in ‘survival mode’ selling newspapers and bean pies—now his chain sells a $12 cheesesteak every 58 seconds

August 30, 2025
edit post
Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

0
edit post
Projected Surge in Uninsured Will Strain Local Health Systems

Projected Surge in Uninsured Will Strain Local Health Systems

0
edit post
Powell, Parabolic Moves and Other Key Things to Watch this Week

Powell, Parabolic Moves and Other Key Things to Watch this Week

0
edit post
Did the U.S. Just Tap Into Unlimited Energy?

Did the U.S. Just Tap Into Unlimited Energy?

0
edit post
If Socialists Actually Understood Socialism

If Socialists Actually Understood Socialism

0
edit post
Avantis and Aster defy market downturn with impressive rallies

Avantis and Aster defy market downturn with impressive rallies

0
edit post
Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott

September 22, 2025
edit post
Avantis and Aster defy market downturn with impressive rallies

Avantis and Aster defy market downturn with impressive rallies

September 22, 2025
edit post
Retailers are snipping price tags and ditching discounts to keep up with tariffs

Retailers are snipping price tags and ditching discounts to keep up with tariffs

September 22, 2025
edit post
Reunion Resort and Golf Club Review: Great For Group Trips To Disney

Reunion Resort and Golf Club Review: Great For Group Trips To Disney

September 22, 2025
edit post
More Millionaires Are Choosing to Rent Rather Than Buy

More Millionaires Are Choosing to Rent Rather Than Buy

September 22, 2025
edit post
Crypto.com Expands Institutional Custody Services With Exodus Partnership

Crypto.com Expands Institutional Custody Services With Exodus Partnership

September 22, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Disney brings back Jimmy Kimmel’s show after backlash spurred massive boycott
  • Avantis and Aster defy market downturn with impressive rallies
  • Retailers are snipping price tags and ditching discounts to keep up with tariffs
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.