• NICE reported Q3 adjusted EPS of $2.84 and revenue of $790.7 million, both exceeding analyst expectations, and raised its full-year EPS outlook.
  • However, GAAP diluted EPS fell year-over-year to $1.60, and the company announced plans to cut its global workforce by approximately 5%, which may be weighing on investor sentiment.
  • Cloud revenue showed strong growth, increasing 10.6% year-over-year.