StockNews.AI
NICE
StockNews.AI
180 days

NICE Reports 25% Year-Over-Year Cloud Revenue Growth for the Full-Year 2024

1. NICE Q4 revenue hit $721.6M, up 16% YoY. 2. Cloud revenue surged 24%, boosting operating income to $154.3M.

Earnings
-12.91%Current Return
VS
-1.34%S&P 500
$178.502/20 05:49 AM EDTEvent Start
$155.4502/21 12:41 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

The strong revenue growth, especially in the cloud segment, signals robust performance and investor confidence. Historical earnings beats in tech firms have often resulted in immediate share price rallies.

How important is it?

The significant increases in total and cloud revenues underscore NICE's growth potential, likely impacting short-term price action.

Why Short Term?

Earnings announcements typically drive an immediate market reaction, as seen in prior tech earnings reports.

Related Companies

CRMADBE
HOBOKEN, N.J.--(BUSINESS WIRE)--NICE (NASDAQ: NICE) today announced results for the fourth quarter and the full year ended December 31, 2024, as compared to the corresponding periods of the previous year. Fourth Quarter 2024 Financial Highlights GAAP Non-GAAP Total revenue was $721.6 million and increased 16% Total revenue was $721.6 million and increased 16% Cloud revenue was $533.9 million and increased 24% Cloud revenue was $533.9 million and increased 24% Operating income was $154.3 million.

Related News