NICE Achieves Strong Q2 Growth, Raises EPS Guidance

NICE (NICE) has released an update.

NICE has reported significant financial growth in Q2 2024, with a 26% increase in cloud revenue and a 14% increase in total revenue year over year, bolstered by the strength of its AI solutions. The company also saw a 160% surge in operating cash flow to $170 million and has updated its full-year 2024 EPS guidance upwards. These robust results underscore NICE’s continued market share expansion and solidify its financial stability.

For further insights into NICE stock, check out TipRanks’ Stock Analysis page.