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Nice Ltd has exceeded Q3 expectations with an EPS of $2.88 and a revenue of $689.963M, showing a 15% increase year over year. The company's cloud revenue reached $500.1M, with an operating income of $220.8M. $NICE
Nice LTD $NICE drops -15% despite strong Q3 report and increased guidance EPS of $2.88 beat by $0.20 Revenue of $690M beat by $6.96M They reiterated FY revenue guidance and increased EPS guidance. https://t.co/n7QhgItDMd
$NICE Earnings: - Total revenue was $690.0 million and increased 15% - GAAP Diluted EPS was $1.86 and increased 34% - Non-GAAP Diluted EPS was $2.88 and increased 27% - Cloud revenue was $500.1 million and increased 24% - Third quarter 2024 operating cash flow was $159.0… https://t.co/6rAz4GbvLW
CyberArk Software Ltd. reported a strong performance for the third quarter of 2024, with total revenue reaching $240.1 million, a 26% increase from $191.2 million in the same quarter of the previous year. The company posted a GAAP net income of $11.1 million, or $0.24 per diluted share, a significant turnaround from a net loss of $14.6 million, or $(0.35) per basic share, in Q3 2023. Following the announcement, CyberArk shares rose by 8.32% in premarket trading. In a separate report, NICE Ltd. also exceeded expectations in its third quarter results, generating total revenue of $690 million, which represents a 15% year-over-year increase. The company's GAAP diluted earnings per share (EPS) was reported at $1.86, while non-GAAP diluted EPS was $2.88, reflecting a 34% and 27% increase, respectively. NICE's cloud revenue was particularly strong, amounting to $500.1 million, with an operating cash flow of $159 million. Despite these positive results, NICE shares fell by 15% following the earnings report.