Nice-Systems Ltd (ADR) (NICE) Releases Earnings Results, Beats Expectations By $0.04 EPS

Nice-Systems Ltd (ADR) (NICE) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $0.79 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.04. Analysts had a consensus of $0.75. The company posted revenue of $235.40 million in the period, compared to analysts expectations of $234.90 million. The company’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.70 EPS.

Many Wall Street Analysts have commented on Nice-Systems Ltd (ADR). Nice-Systems Ltd (ADR) was Resumed by JP Morgan to “Overweight” on Jun 29, 2016. Chardan Capital Markets Initiated Nice-Systems Ltd (ADR) on Jun 23, 2016 to “Buy”, Price Target of the shares are set at $70.Chardan Capital Markets Initiated Nice-Systems Ltd (ADR) on Jun 22, 2016 to “Buy”, Price Target of the shares are set at $63.

Nice-Systems Ltd (ADR) opened for trading at $67.21 and hit $69.46 on the upside on Thursday, eventually ending the session at $68.65, with a gain of 6.40% or 4.13 points. The heightened volatility saw the trading volume jump to 4,82,711 shares. Company has a market cap of $4,086 M.

NICE-Systems Ltd. is a global software company. The Company provides solutions for enterprises and security-sensitive organizations for the prevention of financial crimes and fraud and for security and public safety. It operates in three segments: Customer Interactions Solutions Security Solutions and Financial Crime and Compliance Solutions. The Company captures various types of data (including structured and unstructured interactions and transactions) from multiple sources (such as communication channels and operational systems) and acts upon it through analysis that provides insight and decisioning in real time. Its solutions capture interactions and transactions from multiple sources including telephones closed-circuit television (CCTV) video feed emergency services radio communications e-mail chat and social media among others. Its solutions include NICE Inform NICE Audio Recording NiceVision Net NiceVision Video Analytics and NICE Situator among others.

Nice-Systems Ltd (ADR)

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