NICE beats Q4 earnings estimates with strong cloud revenues, stock gains

From NASDAQ.: 2025-02-21 11:09:00

NICE reported adjusted earnings of $3.02 per share in Q4 2024, beating estimates by 2.03% and increasing 28% year over year. Revenues of $721.6 million surpassed estimates by 1.20% and rose 16% year over year, driven by cloud business strength and customer base expansion.

Following the results, NICE shares increased by 0.17% in after-hours trading, reaching $153.85 on Feb. 20, 2025. Cloud revenues of $533.9 million missed estimates but rose 24% year over year, fueling overall revenue growth and surpassing 400 enterprise cloud customers.

On a non-GAAP basis, NICE’s gross margin contracted slightly in Q4 2024, while operating margin expanded. Cash and cash equivalents totaled $1.62 billion, with long-term debt at $458.8 million. Cash flow from operations in Q4 was $249.5 million, with $95.2 million allocated for share repurchases.

For Q1 2025, NICE expects non-GAAP revenues of $693-$703 million and non-GAAP earnings of $2.78-$2.88 per share. Full-year 2025 projections include non-GAAP revenues between $2.92 billion and $2.94 billion, and non-GAAP earnings of $12.13-$12.33 per share, all showing year-over-year growth.

NICE currently holds a Zacks Rank #4 (Sell). Better-ranked stocks in the sector include Broadcom, Marvell Technology, and NVIDIA, each carrying a Zacks Rank of 2 (Buy). Broadcom, Marvell, and NVIDIA are set to report earnings in the coming weeks, with varying year-to-date stock performances.



Read more at NASDAQ.: NICE Q4 Earnings Beat Estimates on Strong Cloud Revenues, Stock Gains