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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.
Revenue by Segment
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.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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