Nice Ltd Stock Price, News & Analysis

NICE Actimize has been recognized as a global leader in trade surveillance for the third consecutive year, as per the 2022 SPARK Matrix report by Quadrant Knowledge Solutions. The report notably rated NICE Actimize highest in Technology Excellence and Customer Impact metrics among 21 vendors. Their SURVEIL-X Holistic Conduct Surveillance Suite is praised for its advanced analytics, real-time data integration, and ability to reduce false positives. Additionally, NICE Actimize continues to invest in AI-driven solutions to enhance regulatory compliance and risk detection capabilities.

NICE (Nasdaq: NICE) announced that the Office of the District Attorney for the Blue Ridge Judicial Circuit in Cherokee County, Georgia will implement NICE Justice, part of the Evidencentral platform. This cloud solution aims to streamline digital evidence management, enhancing efficiency in prosecuting cases. The system will automate evidence intake, storage, and sharing, allowing staff to focus on case-building. The initiative is expected to improve collaboration and transparency while leading to quicker case resolutions.

NICE (Nasdaq: NICE) has been recognized as a top five finalist in three categories at the 2022 CRM Industry Leadership Awards, showcasing its excellence in contact center interaction analytics, infrastructure, and workforce optimization. This recognition underscores NICE's commitment to delivering seamless customer experiences through its CXone platform, integrating advanced analytics and robotic process automation. Industry experts commend the company's unified solutions, emphasizing their best-in-class applications and the strategic value they bring to customer interactions.

NICE (Nasdaq: NICE) received top rankings in the 2022 Gartner Critical Capabilities for Robotic Process Automation report, scoring highest for Attended Automation and placing in the top 5 for Unattended Automation. This recognition highlights NICE's commitment to enhancing customer experience through advanced automation solutions like NEVA, which drives process optimization. The company's leadership is confirmed by its earlier designation as a Leader in both the 2022 Magic Quadrant reports for Robotic Process Automation and CCaaS. Such accolades reinforce NICE's position in the competitive landscape.

NICE reported strong financial results for Q3 2022 with total revenue increasing to $554.7 million, a 12.3% rise year-over-year. Cloud revenue surged 26.2% to $330.5 million, with a cloud gross margin of 64.1%. Operating income grew 33.6% to $90.3 million, driving a diluted EPS rise of 42.7% to $1.07. NICE announced a new $250 million share buyback program and increased its full-year guidance, anticipating 13.1% revenue growth and an EPS between $7.40 and $7.60.

NICE has been recognized as a Technology Leader in the 2022 SPARK Matrix for Voice of the Customer (VoC) Platform by Quadrant Knowledge Solutions. The report highlights NICE VoC's capability to convert customer feedback into actionable insights, enhancing customer engagement. NICE received the highest technology excellence rating and is noted for its AI-powered solutions and integration with CXone. The report also emphasizes the security validation under FedRAMP, showcasing NICE's commitment to protecting customer data.

NICE (Nasdaq: NICE) is set to announce its third quarter 2022 results on November 10, before the opening of the NASDAQ. A conference call will follow the announcement, taking place at 8:30 AM Eastern Time. Participants can join via local dial-in numbers. The call will also be webcast live on the company's website. As a leading provider of cloud and enterprise software solutions, NICE serves over 25,000 organizations in more than 150 countries, enhancing customer service and compliance.