UPDATE: Nice Systems Posts Upbeat Q4 Profit
Nice Systems (NASDAQ: NICE) reported higher-than-expected Q4 profit.
Nice's quarterly earnings, excluding items, surged to $0.70 per share, from $0.60 per shares, in the year-ago period.
Its revenue climbed 12% to $240 million. However, analysts were expecting adjusted earnings of $0.66 per share on revenue of $246 million.
Nice expects Q1 adjusted revenue of $220 million to $230 million and earnings of $0.57 to $0.62 per share. For the full year, the company expects revenue of $940 million to $970 million and earnings of $2.55 to $2.65 per share.
Nice shares closed at $37.07 yesterday.
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