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UPDATE: Nice Systems Posts Rise In Q4 Profit

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Nice Systems (NASDAQ: NICE) reported a rise in its fourth-quarter profit.

Nice's quarterly earnings surged to $0.75 per share, up from $0.70 per share, in the year-ago period.

Its revenue climbed 13% to $271 million, versus analysts' estimates of $264.5 million. The company had expected earnings of $0.72 to $0.77 per share on revenue of $260 to $270 million.

For 2014, Nice expects adjusted earnings of $2.73 to $2.85 per share on revenue of $1.01 billion to $1.035 billion.

Nice shares closed at $38.66 yesterday.

Posted-In: profitEarnings News Guidance

 

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