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Dec 31, 2024
Nice Q4 2024 Earnings Report
NICE reported strong Q4 2024 results with solid revenue growth and increased profitability.
Key Takeaways
NICE posted a 16% year-over-year increase in revenue to $721.6 million, driven by a 24% rise in cloud revenue. Non-GAAP operating income improved by 22%, while non-GAAP diluted EPS rose 28% to $3.02. Operating cash flow surged 38% to $249.5 million.
Total revenue increased 16% year-over-year to $721.6 million.
Cloud revenue saw a strong 24% year-over-year growth, reaching $533.9 million.
Non-GAAP diluted EPS rose 28% to $3.02 per share.
Operating cash flow jumped 38% to $249.5 million.
Nice
Nice
Nice Revenue by Segment
Revenue by Segment
Cloud Revenue
CapyFin.comServices Revenue
CapyFin.comProduct Revenue
CapyFin.com Forward Guidance
NICE expects continued revenue and earnings growth in FY 2025, with strong momentum in cloud services.
Positive Outlook
- First-quarter 2025 non-GAAP revenue expected to grow 6% year-over-year.
- First-quarter 2025 non-GAAP EPS projected to grow 10% year-over-year.
- Full-year 2025 non-GAAP revenue projected at $2.918B–$2.938B.
- Full-year 2025 non-GAAP EPS expected at $12.13–$12.33.
- Cloud revenue expected to grow 12% year-over-year in 2025.
Challenges Ahead
- Declining services revenue compared to last year.
- Potential macroeconomic headwinds affecting growth.
- Operating margin growth could slow compared to prior years.
- Higher costs related to AI and innovation initiatives.
- Foreign exchange rate fluctuations could impact revenue.
Revenue & Expenses
Visualization of income flow from segment revenue to net income