NiCE posts strong Q3 2026 results, raises FY EPS outlook and announces 5% workforce cut
NiCE reported third‑quarter 2026 revenue of $790.7 million, up 8% year over year, and non‑GAAP earnings per share of $2.84. The company lifted its full‑year 2026 adjusted EPS guidance to a range of $11.12‑$11.32 while keeping revenue guidance at $3.17‑$3.19 billion. It also announced a plan to reduce its global workforce by about 5%, expecting pre‑tax restructuring charges of $15 million‑$20 million, and highlighted AI annual recurring revenue of $392 million, a 46% increase YoY.
Why it matters
The higher EPS outlook signals stronger profitability expectations for FY2026, which may support the stock price. The announced workforce reduction and associated restructuring charges will affect near‑term cash flow but aim to improve operating efficiency. The rapid AI revenue growth underscores a key growth engine for the business.
Key facts
- 1Q3 2026 revenue was $790.7 million, up 8% YoY. investing.com
- 2Q3 2026 non‑GAAP EPS was $2.84. investing.com
- 3Full‑year 2026 adjusted EPS guidance was raised to $11.12‑$11.32 per share. investing.com
- 4Full‑year 2026 revenue guidance remains $3.17‑$3.19 billion. investing.com
- 5The company plans to cut approximately 5% of its global workforce. stocktitan.net
- 6Pre‑tax restructuring charges are expected to be $15 million‑$20 million. investing.com
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.