Israeli Computer Software Provider Nice Lifts Earnings Auspicate After Stiff...

zendesk.comJERUSALEM, May 10 (Reuters) - State computer software supplier Decent reported better-than-expected first-fourth part revenues on Thursday and lifted its full-class net profit forecast, bolstered by its overcast and analytics tools.

Nasdaq and Tel Aviv-listed Nice, pose up in 1986, aforesaid it earned $1.03 per dilute ploughshare excluding one-clock time items in January-March, up from 89 cents a class ago and drubbing analysts' prefigure for $1.01 per share, according to Thomson Reuters I/B/E/S.

Revenue jumped 11 per centum to $341 million, before of analysts' calculate of $333 million, with dapple revenue up 32 per centum to $106 jillion.

For 2018, Decent embossed its familiarized EPS prefigure to $4.43-$4.63 from $4.40-$4.60. It expects 2018 gross of $1.434 billion-$1.458 one thousand million. Analysts were prediction familiarized EPS of $4.51 on receipts of $1.445 trillion.

For the endorsement canton Dainty estimates adjusted EPS of $1.00 to $1.06 and tax revenue of $338-$348 jillion.

Nice has been banking on analytic tools, which provide companies to valuate large amounts of data to dapple fraudulence and security department threats, to have faster growth.

"We continue to capture high quality cloud revenue as demonstrated by the continued increase in our cloud profitability," aforementioned Gracious Chief operating officer Barak Eilam, noting that an increasing identification number of customers in completely securities industry segments were adopting its mist political platform.

"Our investments in innovation, especially cloud, analytics and artificial Intelligence, puts us in a unique position to further differentiate our offering and strengthen our competitive position," he added.

(Reportage by Steven Scheer; Editing by Susan Fenton)

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