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NICE's Q2 Adjusted Earnings, Revenue Increase; Provides Q3 Guidance, Adjusts 2024 Guidance
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NICE's Q2 Adjusted Earnings, Revenue Increase; Provides Q3 Guidance, Adjusts 2024 Guidance
Aug 15, 2024 3:39 AM

06:29 AM EDT, 08/15/2024 (MT Newswires) -- NICE (NICE) reported Q2 adjusted diluted earnings Thursday of $2.64, up from $2.13 a year earlier.

Analysts polled by Capital IQ expected $2.58.

Revenue for the quarter ended June 30 was $664.4 million compared with $581.1 million a year earlier.

Analysts surveyed by Capital IQ expected $663.3 million.

For Q3, the company expect adjusted earnings of $2.62 to $2.72 per share on total revenues of $676 million to $686 million. Analysts polled by Capital IQ expect $2.69 per share on revenue of $687.6 million.

The company raised its 2024 adjusted diluted earnings to $10.60 to $10.80 per share from $10.53 to $10.73 per share. Analysts surveyed by Capital IQ expect $10.63. The company reaffirmed its revenue for the year of $2.72 billion to $2.74 billion. Analysts polled by Capital IQ expect $2.72 billion.

Price: 177.57, Change: +10.79, Percent Change: +6.47

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