TASE:NICESoftware
NICE (NICE) Stock Cloud Growth Rises As Earnings Power Comes Into Focus
NICE stock went into the Q2 print treading water, with the share price roughly flat over the past month after a sharp 7 day slide of about 10%. The headline today is simple. The company reported solid cloud-led earnings with Q2 revenue of US$782.3m and cloud revenue of US$609m, and it lifted full year earnings guidance.
For short term traders that recent volatility matters. For longer term investors the bigger question now is how the expanding cloud and artificial intelligence mix, together...