RA’ANANA, Israel

NICE Systems, a worldwide supplier of multimedia digital recording solutions, applications and related professional services for business interaction management, reports a 46-percent increase in third-quarter revenues, reaching a record high of $46.6 million, compared with $32 million for the third quarter of 1999. Earnings per share (EPS) for the quarter were 58 cents, compared to EPS of 46 cents in the previous comparable period. Net income rose 42 percent to $8.1 million from $5.7 million for the same quarter last year. Gross margin was 58.6 percent, as compared with 57.9 percent for the same quarter of 1999.

NICE Chairman and CEO Benny Levin comments, “We are pleased to announce another strong quarter. We’re seeing continued progress in our CEM (Customer Experience Management) business, with sales to the contact center market increasing by approximately 15 percent from the previous quarter. We are also pleased to see an increase in sales to international markets, in particular Europe and Japan, which reflects our growing global presence.”

If you enjoyed this article and want to receive more valuable industry content like this, click here to sign up for our FREE digital newsletters!

Security Is Our Business, Too

For professionals who recommend, buy and install all types of electronic security equipment, a free subscription to Commercial Integrator + Security Sales & Integration is like having a consultant on call. You’ll find an ideal balance of technology and business coverage, with installation tips and techniques for products and updates on how to add to your bottom line.

A FREE subscription to the top resource for security and integration industry will prove to be invaluable.

Subscribe Today!

Get Our Newsletters