NICE-Techniques Ltd. (Nasdaq: NICE; TASE:NICE) ended the yr with outcomes that beat the analysts’ expectations. The Israeli firm, which offers buyer relations and threat administration techniques, reported $1.93 billion income in 2021, up 16.2% from 2020, and income of $515 million within the fourth quarter, up 17.6% from the corresponding quarter of 2020 and above the analysts’ consensus of $496 million.
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GAAP web revenue within the fourth quarter of 2021 was $51.2 million, down from $55 million within the corresponding quarter of 2020. GAAP web revenue in 2021 was $196 million, down from $199 million in 2020. Non-GAAP web revenue within the fourth quarter was $117 million ($1.73 per share), $0.02 greater than the analysts’ estimates. Non-GAAP web revenue in 2021 was $463 million $6.52), up 15.4% from 2020.
Within the first quarter of 2022, NICE Techniques sees income of $505-515 million and non-GAAP earnings per share of $1.65-1.75. The corporate sees 2022 income of $2.14-2.16 billion, up 12% from 2021 and non-GAAP earnings per share of $7.07-7.27.
NICE CEO Barak Eilam mentioned, We ended 2021 on a excessive be aware and with nice momentum. NICE is a quick rising, agile market chief at scale mixed with blue-chip profitability. Fourth quarter monetary outcomes mirrored excellent execution throughout the board that led to 19% development in whole income, double-digit development in each area and continued energy in profitability. Fueling this development is our continued glorious efficiency within the cloud. Cloud income elevated 30% within the quarter, which propelled our annual cloud income over the $1 billion mark, additional establishing NICE because the clear cloud chief in our business.”
He added, “The sturdy fourth quarter outcomes echo our success all through 2021 as we reported double-digit whole income development in each quarter, additional drove our worldwide growth, gained large scale in digital and reworked NICE from an analytics chief to an AI powerhouse with a fivefold improve in AI bookings. As we head into 2022 and past, we imagine we’re in the most effective aggressive place in our historical past with the strategic property firmly in place to realize additional success.”
NICE Techniques share worth closed 0.90% down yesterday on Wall Avenue at $261.62, giving a market cap of $16.541 billion. In premarket buying and selling as we speak, the share worth is down 3.55%.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on February 17, 2022.
© Copyright of Globes Writer Itonut (1983) Ltd., 2022.
