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Nice fourth-quarter profit meets estimates, sees improvement in 2014

05
Feb
2014

Israeli software provider Nice Systems reported higher quarterly profit that met estimates, and forecast up to a 9 percent rise in 2014 revenue due to continued growth for its analytics products. Nice said on Wednesday it earned 75 cents a diluted share excluding one-time items in the fourth quarter, in line with expectations and higher than earnings per share of 70 cents a year earlier. Revenue grew 13 percent to a record $271 million, above a Thomson Reuters I/B/E/S/ estimate of $264.5 million.

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