Nov. 14 at 1:07 PM
$NICE beats earnings but shares dip — what's the catch? 🤔
🎯 Q3 EPS of
$3.18 beats estimates, up 10% YoY
☁️ Cloud revenue surges 13%, driving total revenue growth
📉 Service revenues decline 7.4% and product revenues decline 24.1% as large enterprises shift to the cloud
Full analysis here 👉 https://www.zacks.com/stock/news/2791076/nice-q3-earnings-beat-estimates-on-strong-cloud-revenues-shares-down?cid=sm-stocktwits-2-2791076-body-21057&ADID=SYND_STOCKTWITS_TWEET_2_2791076_BODY_21057