NICE Reports 29% Growth in Cloud Revenue For the Full Year 2019

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NICE Systems Ltd (NICE) PT Raised to $193 at Oppenheimer

February 13, 2020 3:29 PM EST

Oppenheimer analyst Shaul Eyal raised the price target on NICE Systems Ltd (NASDAQ: NICE) to $193.00 (from $170.00) while maintaining an Outperform rating.

The analyst commented, "We are raising our price target on NICE to $193 from $175 following solid 4Q19 results in which NICE delivered $1.58/$431M (revenue +4%... More

NICE Systems (NICE) Tops Q4 EPS by 5c, Revenues Beat; Provides Q1 & FY20 EPS/Revenue Guidance

February 13, 2020 5:43 AM EST

NICE Systems (NASDAQ: NICE) reported Q4 EPS of $1.58, $0.05 better than the analyst estimate of $1.53. Revenue for the quarter came in at $431 million versus the consensus estimate of $429.11 million.

We are pleased to end the year on a high note with strong overall financial results, which were driven by continued strength in cloud revenue, said Barak Eilam, CEO, NICE. Our cloud revenue, which represented 38% of total revenues for the full-year 2019... More