NiCE (NASDAQ:NICE) released its quarterly earnings on Thursday, reporting a notable performance that exceeded analyst expectations. The technology company posted earnings per share (EPS) of $3.18, surpassing the consensus estimate of $3.17 by $0.01 according to Briefing.com. Additionally, NiCE generated revenue of $732 million for the quarter, which also exceeded projections of $728.07 million.
The company demonstrated strong financial health, achieving a net margin of 18.92% and a return on equity of 17.43%. Year-over-year, NiCE’s revenue increased by 6.1%, compared to $2.88 EPS in the same period last year. NiCE has also revised its full-year 2025 guidance, now projecting EPS between $12.180 and $12.320.
Stock Performance and Market Response
Following the earnings announcement, NiCE shares experienced a slight increase, rising by 1.1% to reach $133.38 during midday trading on Friday. The trading volume was notably high at 1,411,830 shares, significantly above the average volume of 574,545 shares. Over the past year, NiCE’s stock has fluctuated, with a low of $122.94 and a high of $193.52. The company currently holds a market capitalization of $8.44 billion, a price-to-earnings (P/E) ratio of 15.94, and a P/E/G ratio of 1.16.
Institutional Investor Activity
In recent months, several institutional investors have adjusted their positions in NiCE. Tower Research Capital LLC acquired a new stake valued at approximately $40,000 in the second quarter. Legal & General Group Plc also established a new stake valued at around $65,000. Notably, Transamerica Financial Advisors LLC increased its stake by 115.6%, owning a total of 951 shares worth $161,000 following the purchase of an additional 510 shares. Furthermore, Perissos Private Wealth Management LLC and AQR Capital Management LLC acquired new stakes valued at around $203,000 and $226,000, respectively. Overall, institutional investors now hold 63.34% of NiCE’s stock.
NiCE Ltd. is recognized for offering cloud platforms that provide AI-driven digital business solutions globally. Its product lineup includes CXone, a cloud-native open platform; Enlighten, an AI engine tailored for customer engagement; and journey orchestration solutions that utilize real-time AI-based routing to enhance customer interactions.
For ongoing updates regarding NiCE and related companies, interested parties can subscribe to MarketBeat.com’s free daily email newsletter.
