NICE: Q3 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Shares of NICE (NASDAQ:NICE) fell 0.7% in pre-market trading after the company reported Q3 results.

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Quarterly Results

Earnings per share were up 8.46% over the past year to $1.41, which beat the estimate of $1.39.

Revenue of $412,366,000 up by 6.52% year over year, which beat the estimate of $408,040,000.

Outlook

The upcoming fiscal year's EPS expected to be between $5.63 and $5.73.

The upcoming fiscal year's revenue expected to be between $1,645,000,000 and $1,655,000,000.


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Conference Call Details

Date: Nov 12, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/dphgwcc4

Price Action

Company's 52-week high was at $255.48

Company's 52-week low was at $110.59

Price action over last quarter: Up 12.09%

Company Profile

Nice is an enterprise software company that operates in two segments: customer engagement and financial crime and compliance. The company develops on-premises and cloud software based on data analytics. In customer engagement, Nice uses its software to offer services in both workforce engagement management and contact center infrastructure (CCI), serving both niches. WEM products optimize call center efficiency, using data for call volume forecasting and scheduling. Nice's CCI products are cloud-based infrastructure products for back-end call routing. In financial crime and compliance, Nice sells anti-money-laundering, risk management, and fraud prevention software products.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNews