Nice Ltd.

Earnings Release • Aug 5, 2021

SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2021 (Report No. 2)

Commission File Number: 0-27466

NICE LTD. (Translation of Registrant's Name into English)

13 Zarchin Street, P.O. Box 690, Ra'anana 4310602, Israel (Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____

THE GAAP FINANCIAL STATEMENTS ATTACHED TO THE PRESS RELEASE ATTACHED HERETO AS EXHIBIT 99.1 OF THIS REPORT ON FORM 6-K ARE HEREBY INCORPORATED BY REFERENCE INTO NICE LTD.`S ("NICE") REGISTRATION STATEMENTS ON FORM S-8 (REGISTRATION STATEMENT NOS. 333-166364, 333-168100, 333-171165, 333-162795, 333-162110, 333-06784, 333-08146, 333-11842, 333-09350, 333-11154, 333-111112, 333-111113, 333-134355, 333- 144589, 333-145981, 333-153230, 333-177510, 333-179408, 333-181375, 333-191176, 333-199904, 333-210341, 333-210343, 333- 210344, 333-214584, 333-226930, 333-228911 and 333-249186), AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS SUBMITTED, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.

CONTENTS

This Report on Form 6-K of NICE consists of the following documents, which are attached hereto and incorporated by reference herein:

99.1 Press Release: NICE Reports Accelerated Total Revenue Growth of 16% and Cloud Revenue Growth of 32% for the Second Quarter of 2021, Dated August 5, 2021.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

NICE LTD.

By: /s/ Tali Mirsky Name: Tali Mirsky Title: Corporate VP, General Counsel and Corporate Secretary

Dated: August 5, 2021

EXHIBIT INDEX

99.1 Press Release: NICE Reports Accelerated Total Revenue Growth of 16% and Cloud Revenue Growth of 32% for the Second Quarter of 2021, Dated August 5, 2021.

NICE Reports Accelerated Total Revenue Growth of 16% and Cloud Revenue Growth of 32% for the Second Quarter of 2021

Company Raises Full-Year Total Revenue and EPS Guidance

Hoboken, New Jersey, August 5, 2021 - NICE (NASDAQ: NICE) today announced results for the second quarter ended June 30, 2021.

Second Quarter 2021 Financial Highlights

GAAP	Non-GAAP
Revenue of \$456 million, growth of 16% year-over-year	Revenue of \$459 million, growth of 16% year-over-year
Cloud revenue of \$243 million, growth of 32% year-over-year	Cloud revenue of \$246 million, growth of 32% year-over-year
Gross margin of 67.0% compared to 65.5% last year	Gross margin of 72.2% compared to 71.0% last year
Operating income of \$64 million compared to \$56 million last	Operating income of \$129.6 million compared to \$111.4
year, growth of 14% year-over-year	million last year, growth of 16%
Operating margin of 14.0% compared to 14.3% last year	Operating margin of 28.2%, compared to 28.2% last year
Diluted EPS of \$0.67 versus \$0.68 last year, decrease of 1%	Diluted EPS of \$1.57 versus \$1.37 last year, growth of 15%
Operating cash flow increased 37% year-over-year to \$81.4
million

"We are very pleased with the accelerated top line growth of 16% in the second quarter, which is a result of the combination of robust cloud growth and cloud revenue increasing to more than 50% of our total revenue," said Barak Eilam, CEO of NICE. "The strong second quarter financial results in all key metrics are being driven by solid execution in cloud, digital and AI, continued success with CXone in large enterprises and rapid growth in international markets."

Mr. Eilam continued, "While the cloudification of our market continues to speed up, the expansion to full digital CX represents an additional significant opportunity for NICE. With the investments we made in digital CX both organically and through acquisitions over the past 18 months, we have evolved CXone into a complete digital CX platform with a unique set of solutions that can now cover the entire customer journey across all customer touchpoints, including more than 35 digital channels. Digital transformation is still in the very early stages, and as the clear market leader, we believe we will achieve the same outstanding success in digital as we have in cloud."

GAAP Financial Highlights for the Second Quarter Ended June 30:

Revenues: Second quarter 2021 total revenues increased 16.0% to \$456.0 million compared to \$393.2 million for the second quarter of 2020.

Gross Profit: Second quarter 2021 gross profit and gross margin increased to \$305.5 million and 67.0%, respectively, compared to \$257.4 million and 65.5%, respectively, for the second quarter of 2020.

Operating Income: Second quarter 2021 operating income increased 14.0% to \$64.0 million compared to \$56.1 million, for the second quarter of 2020. Second quarter operating margin decreased to 14.0% compared to 14.3%, for the second quarter of 2020.

Net Income: Second quarter 2021 net income totaled \$44.4 million compared to \$44.6 for the second quarter of 2020. Net income margin decreased to 9.7% compared to 11.3% for the second quarter of 2020.

Fully Diluted Earnings Per Share: Fully diluted earnings per share for the Second quarter of 2021 decreased to \$0.67, compared to \$0.68 in the second quarter of 2020.

Operating Cash Flow and Cash Balance: Second quarter 2021 operating cash flow was \$81.4 million. In the second quarter, \$340 thousand was used for share repurchases. As of June 30, 2021, total cash and cash equivalents, short and long term investments were \$1,407.7 million, and total debt was \$613.1 million.

Non-GAAP Financial Highlights for the Second Quarter Ended June 30:

Revenues: Second quarter 2021 Non-GAAP total revenues increased 16.0% to \$458.9 million compared to \$395.1 million for the second quarter of 2020.

Gross Profit: Second quarter 2021 Non-GAAP gross profit and gross margin increased to \$331.5 million and 72.2%, respectively, compared to \$280.5 million and 71.0%, respectively, for the second quarter of 2020.

Operating Income: Second quarter 2021 Non-GAAP operating income increased 16.4% to \$129.6 million compared to \$111.4 million for the second quarter of 2020. Non-GAAP operating margin was 28.2%, compared to 28.2% last year.

Net Income: Second quarter 2021 Non-GAAP net income increased 16% to \$104.3 million from \$89.9 million for the second quarter of 2020. Non-GAAP net income margin was 22.7%, compared to 22.7% last year.

Fully Diluted Earnings Per Share: Second quarter 2021 Non-GAAP fully diluted earnings per share increased 14.6% to \$1.57, compared to \$1.37 for the second quarter of 2020.

Third Quarter and Full Year 2021 Guidance:

Third Quarter 2021:

Third quarter 2021 Non-GAAP total revenues are expected to be in a range of \$460 million to \$470 million. Third quarter 2021 Non-GAAP fully diluted earnings per share are expected to be in a range of \$1.51 to \$1.61.

Raising Full Year 2021 Guidance:

Fulll year 2021 Non-GAAP total revenues are expected to be in a range of \$1,835 million to \$1,855 million (higher than the previous guidance range of \$1,800 million to \$1,820 million).

Full year 2021 Non-GAAP fully diluted earnings per share are expected to be in a range of \$6.26 to \$6.46 (higher than the previous guidance range of \$6.19 to \$6.39).

Quarterly Results Conference Call

NICE management will host its earnings conference call today August 5th, 2021 at 8:30 AM ET, 13:30 GMT, 15:30 Israel, to discuss the results and the company's outlook. To participate in the call, please dial into the following numbers: United States 1-877-300-8521 or +1-412-317-6026, United Kingdom 0-800-279-9489, Israel 1-809-213-284. The call will be webcast live on the Company's website at https://www.nice.com/investor-relations/upcoming-event.

Non-GAAP financial measures are included in this press release. Non-GAAP financial measures consist of GAAP financial measures adjusted to exclude share-based compensation, amortization of acquired intangible assets, acquisition related expenses, amortization of discount on debt and loss from extinguishment of debt and the tax effect of the Non-GAAP adjustments. Business combination accounting rules require the recognition of a legal performance obligation related to a revenue arrangement of an acquired entity as a liability. The amount assigned to such liability should be based on its fair value at the date of acquisition. The Non-GAAP adjustment for a revenue arrangement is intended to reflect the full amount of such revenue. The Company believes that these Non-GAAP financial measures, used in conjunction with the corresponding GAAP measures, provide investors with useful supplemental information about the financial performance of our business. We believe Non-GAAP financial measures are useful to investors as a measure of the ongoing performance of our business. Our management regularly uses our supplemental Non-GAAP financial measures internally to understand, manage and evaluate our business and to make financial, strategic and operating decisions. These Non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Our Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. These Non-GAAP financial measures may differ materially from the Non-GAAP financial measures used by other companies. Reconciliation between results on a GAAP and Non-GAAP basis is provided in a table immediately following the Consolidated Statements of Income. The Company provides guidance only on a Non-GAAP basis. A reconciliation of guidance from a GAAP to Non-GAAP basis is not available due to the unpredictability and uncertainty associated with future events that would be reported in GAAP results and would require adjustments between GAAP and Non-GAAP financial measures, including the impact of future possible business acquisitions. Accordingly, a reconciliation of the guidance based on Non-GAAP financial measures to corresponding GAAP financial measures for future periods is not available without unreasonable effort.

About NICE

NICE (Nasdaq: NICE) is the worldwide leading provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data. NICE helps organizations of all sizes deliver better customer service, ensure compliance, combat fraud and safeguard citizens. Over 25,000 organizations in more than 150 countries, including over 85 of the Fortune 100 companies, are using NICE solutions. www.nice.com.

Investors

Marty Cohen, +1 551 256 5354, ir@nice.com, ET Omri Arens, +972 3 763-0127, ir@nice.com, CET

Media Contact

Chris Irwin-Dudek, +1 (551) 256-5140, Chris.Irwin-Dudek@nice.com

Trademark Note: NICE and the NICE logo are trademarks or registered trademarks of NICE. All other marks are trademarks of their respective owners. For a full list of NICE' marks, please see: http://www.nice.com/nice-trademarks.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements may be identified by words such as "believe," "expect," "seek," "may," "will," "intend," "should," "project," "anticipate," "plan," and similar expressions. Forward-looking statements are based on the current beliefs, expectations and assumptions of the Company's management regarding the future of the Company's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Examples of forward-looking statements include guidance regarding the Company's revenue and earnings and the growth of our cloud, analytics and artificial intelligence business.

Forward looking statements are inherently subject to significant economic, competitive and other uncertainties and contingencies, many of which are beyond the control of management. The Company cautions that these statements are not guarantees of future performance, and investors should not place undue reliance on them. There are or will be important known and unknown factors and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. These factors, include, but are not limited to, risks associated with changes in economic and business conditions, competition, successful execution of the Company's growth strategy, success and growth of the Company's cloud Software-as-a-Service business, difficulties in making additional acquisitions or effectively integrating acquired operations, products, technologies and personnel, the Company's dependency on third-party cloud computing platform providers, hosting facilities and service partners, rapidly changing technology, cyber security attacks or other security breaches against the Company, privacy concerns and legislation impacting the Company's business, changes in currency exchange rates and interest rates, the effects of additional tax liabilities resulting from our global operations, uncertainty related to COVID-19 and various other factors and uncertainties discussed in our filings with the U.S. Securities and Exchange Commission (the "SEC").

You are encouraged to carefully review the section entitled "Risk Factors" in our latest Annual Report on Form 20-F and our other filings with the SEC for additional information regarding these and other factors and uncertainties that could affect our future performance. The forward-looking statements contained in this presentation speak only as of the date hereof, and the Company undertakes no obligation to update or revise them, whether as a result of new information, future developments or otherwise, except as required by law.

NICE LTD. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS

U.S. dollars in thousands

	June 30, 2021			December 31, 2020
		Unaudited		Audited
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	\$	343,452 \$		442,267
Short-term investments		1,064,290		1,021,613
Trade receivables		331,493		303,100
Prepaid expenses and other current assets		169,642		175,340
Total current assets		1,908,877		1,942,320
LONG-TERM ASSETS:
Property and equipment, net		143,014		137,785
Deferred tax assets		35,133		32,735
Other intangible assets, net		349,924		366,003
Operating lease right-of-use assets		91,647		97,162
Goodwill		1,595,613		1,503,252
Other long-term assets		180,125		153,660
Total long-term assets		2,395,456		2,290,597
TOTAL ASSETS	\$	4,304,333 \$		4,232,917
LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
Trade payables	\$	40,850 \$		33,132
Deferred revenues and advances from customers		327,955		311,851
Current maturities of operating leases		21,372		22,412
Debt		187,866		259,881
Accrued expenses and other liabilities		409,992		417,174
Total current liabilities		988,035		1,044,450
LONG-TERM LIABILITIES:
Deferred revenues and advances from customers		73,197		36,295
Operating leases		86,389		92,262
Deferred tax liabilities		18,396		32,109
Debt		425,284		421,337
Other long-term liabilities		17,514		17,980
Total long-term liabilities		620,780		599,983
SHAREHOLDERS' EQUITY
Nice Ltd's equity		2,672,128		2,563,910
Non-controlling interests		23,390		24,574
Total shareholders' equity		2,695,518		2,588,484
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	\$	4,304,333 \$		4,232,917

NICE LTD. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME

U.S. dollars in thousands (except per share amounts)

	Quarter ended June 30,				Year to date June 30,
	2021		2020	2021			2020
	Unaudited		Unaudited		Unaudited		Unaudited
Revenue: Cloud	\$ 242,724 \$ 183,944 \$ 470,805 \$ 356,572
Services	167,133		170,979		328,924		344,171
Product	46,174		38,257		111,323		102,865
Total revenue	456,031		393,180		911,052		803,608
Cost of revenue:
Cloud	99,172		80,523		192,754		160,991
Services	46,882		50,037		95,816		103,550
Product	4,453		5,173		9,799		11,277
Total cost of revenue	150,507		135,733		298,369		275,818
Gross profit	305,524		257,447		612,683		527,790
Operating expenses:
Research and development, net	62,218		53,756		121,373		106,537
Selling and marketing	126,195		107,155		254,754		216,776
General and administrative	53,133		40,398		106,105		89,511
Total operating expenses	241,546		201,309		482,232		412,824
Operating income	63,978		56,138		130,451		114,966
Financial and other expense/(income), net	9,062		(423)		12,456		1,227
Income before tax	54,916		56,561		117,995		113,739
Taxes on income	10,515		11,956		21,383		23,020
Net income	\$ 44,401 \$		44,605 \$		96,612 \$		90,719
Less: net loss attributable to non-controlling interests	380		182		383		266
Net income attributable to NICE Ltd.'s shareholders	\$ 44,781 \$		44,787 \$		96,995 \$		90,985
Earnings per share:
Basic	\$ 0.70	\$	0.71 \$		1.53 \$		1.45
Diluted	\$ 0.67	\$	0.68 \$		1.45 \$		1.39
Weighted average shares outstanding:
Basic	63,108		62,638		63,096		62,557
Diluted	66,512		65,633		66,618		65,484

NICE LTD. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP RESULTS

U.S. dollars in thousands (except per share amounts)

	Quarter ended June 30,				Year to date June 30,
		2021		2020		2021		2020
GAAP revenues	\$	456,031 \$		393,180 \$		911,052 \$		803,608
Valuation adjustment on acquired deferred cloud revenue		2,773		1,950		4,596		2,729
Valuation adjustment on acquired deferred services revenue		60		-		166		-
Valuation adjustment on acquired deferred product revenue		-		-		-		-
Non-GAAP revenues	\$	458,864 \$		395,130 \$		915,814 \$		806,337
GAAP cost of revenue	\$	150,507 \$		135,733 \$		298,369 \$		275,818
Amortization of acquired intangible assets on cost of cloud		(18,211)		(16,064)		(35,727)		(31,622)
Amortization of acquired intangible assets on cost of services		(1,226)		(1,497)		(2,451)		(3,019)
Amortization of acquired intangible assets on cost of product		(287)		(1,125)		(570)		(2,259)
Valuation adjustment on acquired deferred cost of cloud		26		244		51		537
Cost of cloud revenue adjustment (1)		(1,676)		(948)		(3,170)		(1,792)
Cost of services revenue adjustment (1)		(1,646)		(1,680)		(4,081)		(3,280)
Cost of product revenue adjustment (1)		(126)		(68)		(251)		(136)
Non-GAAP cost of revenue	\$	127,361 \$		114,595 \$		252,170 \$		234,247
GAAP gross profit	\$	305,524 \$		257,447 \$		612,683 \$		527,790
Gross profit adjustments		25,979		23,088		50,961		44,300
Non-GAAP gross profit	\$	331,503 \$		280,535 \$		663,644 \$		572,090
GAAP operating expenses	\$	241,546 \$		201,309 \$		482,232 \$		412,824
Research and development (1,2)		(4,111)		(2,373)		(8,168)		(4,988)
Sales and marketing (1,2)		(6,911)		(8,797)		(17,819)		(14,062)
General and administrative (1,2)		(18,688)		(11,340)		(31,375)		(24,174)
Amortization of acquired intangible assets		(9,952)		(9,650)		(19,660)		(19,455)
Valuation adjustment on acquired deferred commission		55		36		108		71
Non-GAAP operating expenses	\$	201,939 \$		169,185 \$		405,318 \$		350,216

NICE LTD. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP RESULTS (continued)

U.S. dollars in thousands (except per share amounts)

	Quarter ended June 30,				Year to date June 30,
		2021		2020		2021		2020
GAAP financial and other expense, net	\$	9,062 \$		(423)	\$	12,456 \$		1,227
Amortization of discount on debt and loss from extinguishment of debt		(10,811)		(2,532)		(14,937)		(4,874)
Non-GAAP financial and other income, net	\$	(1,749) \$		(2,955) \$		(2,481) \$		(3,647)
GAAP taxes on income	\$	10,515 \$		11,956 \$		21,383 \$		23,020
Tax adjustments re non-GAAP adjustments		16,529		12,499		32,343		24,790
Non-GAAP taxes on income	\$	27,044 \$		24,455 \$		53,726 \$		47,810
GAAP net income	\$	44,401 \$		44,605 \$		96,612 \$		90,719
Valuation adjustment on acquired deferred revenue		2,833		1,950		4,762		2,729
Valuation adjustment on acquired deferred cost of cloud revenue		(26)		(244)		(51)		(537)
Amortization of acquired intangible assets		29,676		28,336		58,408		56,355
Valuation adjustment on acquired deferred commission		(55)		(36)		(108)		(71)
Share-based compensation (1)		31,251		25,206		62,957		46,851
Acquisition related expenses (2)		1,907		-		1,907		1,581
Amortization of discount on debt and loss from extinguishment of debt		10,812		2,532		14,937		4,874
Tax adjustments re non-GAAP adjustments		(16,529)		(12,499)		(32,343)		(24,790)
Non-GAAP net income	\$	104,270 \$		89,850 \$		207,081 \$		177,711
GAAP diluted earnings per share	\$	0.67 \$		0.68 \$		1.45 \$		1.39
Non-GAAP diluted earnings per share	\$	1.57 \$		1.37 \$		3.11 \$		2.71
Shares used in computing GAAP diluted earnings per share		66,512		65,633		66,618		65,484
Shares used in computing non-GAAP diluted earnings per share		66,512		65,633		66,618		65,484

NICE LTD. AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP RESULTS (continued)

U.S. dollars in thousands

(1)Share-based Compensation

	Quarter ended			Year to date June 30,
	June 30, 2021	2020	2021		2020
Cost of cloud revenue	\$ 1,676 \$	948 \$	3,170 \$		1,792
Cost of services revenue	1,646	1,680	4,081		3,280
Cost of product revenue	126	68	251		136
Research and development	4,111	2,373	8,168		4,988
Sales and marketing	6,911	8,797	17,819		13,974
General and administrative	16,781	11,340	29,468		22,681
	\$ 31,251 \$	25,206 \$	62,957 \$		46,851

(2) Acquisition related expenses

	Quarter ended June 30,			Year to date June 30,
	2021	2020	2021		2020
Research and development	\$ -	\$ -	\$ -	\$	-
Sales and marketing	-	-	-		88
General and administrative	1,907	-	1,907		1,493
	\$ 1,907 \$	-	\$ 1,907 \$		1,581

NICE LTD. AND SUBSIDIARIES CONSOLIDATED CASH FLOW STATEMENTS

U.S. dollars in thousands

	Quarter ended		Year to date
	June 30,		June 30,
	2021	2020	2021	2020
	Unaudited	Unaudited	Unaudited	Unaudited
Operating Activities
Net income	\$ 44,402 \$	44,605	\$ 96,613 \$	90,719
Depreciation and amortization	45,911	45,601	90,835	89,651
Stock based compensation	30,979	25,064	62,434	46,632
Amortization of premium and discount and accrued interest on marketable securities	2,066	(3,618)	5,997	(2,870)
Deferred taxes, net	(16,207)	(678)	(17,065)	(9,870)
Changes in operating assets and liabilities:
Trade Receivables	(2,783)	14,134	(22,467)	14,793
Prepaid expenses and other assets	(14,103)	(20,677)	(24,963)	(34,768)
Trade payables	(4,912)	(13,283)	4,792	(805)
Accrued expenses and other current liabilities	(11,064)	(33,357)	(12,429)	(21,460)
Operating lease right-of-use assets, net	4,442	4,363	8,923	8,512
Deferred revenue	(3,843)	(415)	48,060	38,098
Operating lease liabilities	(4,778)	(4,132)	(10,475)	(9,689)
Amortization of discount on debt	3,513	2,532	7,612	4,875
Loss from extinguishment of debt	7,298	-	7,298	-
Other	519	(558)	515	585
Net cash provided by operating activities	81,440	59,581	245,680	214,403
Investing Activities
Purchase of property and equipment	(10,631)	(7,823)	(12,960)	(17,456)
Purchase of Investments	(70,442)	(69,061)	(223,748)	(154,488)
Proceeds from Investments	112,527	78,980	167,104	164,865
Capitalization of software development costs	(11,159)	(9,912)	(21,275)	(19,199)
Proceeds from business and asset acquisitions adjustments	-	-	444	-
Payments for business and asset acquisitions, net of cash acquired	(129,306)	-	(129,306)	(50,836)
Net cash used in investing activities	(109,011)	(7,816)	(219,741)	(77,114)
Financing Activities
Proceeds from issuance of shares upon exercise of share options	2,083	5,865	2,375	7,349
Purchase of treasury shares	(340)	(3,531)	(44,562)	(27,601)
Dividends paid to noncontrolling interest	(801)	-	(801)	-
Capital Lease payments	-	(15)	-	(177)
Repayment of debt	(82,814)	-	(82,814)	-
Net cash provided by/(used in) financing activities	(81,872)	2,319	(125,802)	(20,429)
Effect of exchange rates on cash and cash equivalents	1,767	902	1,048	(1,085)
Net change in cash and cash equivalents	(107,676)	54,986	(98,815)	115,775
Cash and cash equivalents, beginning of period	\$ 451,128 \$	289,112	\$	442,267 \$ 228,323
Cash and cash equivalents, end of period	\$ 343,452 \$	344,098	\$	343,452 \$ 344,098

נייס מדווחת על צמיחה מואצת של 16% בהכנסות וצמיחה של 32% בהכנסות מענן ברבעון השני לשנת 2021

החברה מעלה את תחזית ההכנסות ו הרווח למניה לשנת 2021

הובוקן, ניו ג'רזי , 5 באוגוסט , 2021 – נייס )נאסד"ק: NICE )פרסמה היום את התוצאות לרבעון השני לשנת .2021

GAAP Non-GAAP סך הכנסות של 459 מיליון דולר, גידול של 16% בהשוואה לאשתקד סך הכנסות של 456 מיליון דולר, גידול של 16% בהשוואה לאשתקד הכנסות מענן בסך 246 מיליון דולר, גידול של 32% בהשוואה לאשתקד הכנסות מענן בסך 243 מיליון דולר, גידול של 32% מאשתקד שיער רווח גולמי של 72.2% לעומת 71.0% אשתקד שיער רווח גולמי של 67.0% לעומת 65.5% אשתקד רווח תפעולי של 64 מיליון דולר בהשוואה ל- 56 מיליון דולר אשתקד, גידול של 14% מאשתקד רווח תפעולי של 129.6 מיליון דולר בהשוואה ל- 111.4 מיליון דולר אשתקד, גידול של 16% מאשתקד שיעור רווח תפעולי של 28.2% לעומת 28.2% אשתקד שיעור רווח תפעולי של 14.0% לעומת 14.3% אשתקד רווח למניה בדילול מלא של 0.67 דולר בהשוואה ל- 0.68 דולר אשתקד, ירידה של 1% מול אשתקד רווח למניה בדילול מלא של 1.57 דולר בהשוואה ל- 1.37 דולר אשתקד, גידול של 15% מול אשתקד תזרים מפעילות שוטפת בסך 81.4 מיליון דולר, גידול של 37% מאשתקד

עיקרי התוצאות לרבעון השני של :2021

"אנו שמחים מאד לסכם את הרבעון השני של השנה עם צמיחה מואצת של 16% בהכנסות. זוהי תוצאה של השילוב בין צמיחה משמעותית ב ענן והעובדה ש הכנסות מענן מהוות יותר מ - 50% מסך ההכנסות של החברה.", אמר ברק עילם, מנכ"ל נייס. "התוצאות החזקות בכל המדדים הפיננסיים ברבעון השני נובעות מביצועים מצוינים בענן, ב דיגיטל ו ב- AI, הצלחה של CXone בארגונים גדולים וצמיחה מהירה בשוק הבינלאומי."

מר עילם המשיך, "במקביל להאצה של המעבר לענן בשוק שלנו, אנו פועלים גם להתרחבות לתחום חווית הלקוח הדיגיטלית )CX Digital )המהווה הזדמנות משמעותית נוספת לנייס. בזכות ההשקעות שלנו בתחום ה-CX Digital, הן אורגנית והן באמצעות רכישות במהלך 18 החודשים האחרונים, הפכנו את CXone לפלטפורמה דיגיטלית מלאה עם מערך פתרונות ייחודי, הכולל יותר מ–35 ערוצים דיגיטליים, שנותן מענה בכל נקודות הממשק עם הלקוחות. הטרנספורמציה הדיגיטלית נמצאת עדיין בשלבים מוקדמים, וכמובילי שוק, אנו מאמינים שנצליח ב תחום הדיגיטל כפי שעשינו בתחום ה ענן."

עיקרי התוצאות הפיננסיות ) GAAP-Non )לרבעון השני שהסתיים ב- 30 ביוני:

הכנסות: ההכנסות )GAAP-Non )ברבעון השני של 2021 גדלו ל - 458.9 מיליון דולר, גידול של 16.0% לעומת 395.1 מיליון דולר ברבעון מקביל אשתקד .

רווח גולמי : הרווח הגולמי )GAAP-Non )ברבעון השני של 2021 גדל ל- 331.5 מיליון דולר ל עומת 280.5 מיליון דולר ברבעון מקביל אשתקד . שיעור הרווח הגולמי )GAAP-Non )ברבעון השני של 2021 הסתכם ב - 72.2% לעומת 71.0% ברבעון מקביל אשתקד.

רווח תפעולי : הרווח התפעולי )GAAP-Non )ברבעון השני של 2021 גדל ב16%- ל- 129.6 מיליון דולר לעומת 111.4 מיליון דולר ברבעון מקביל אשתקד . שיעור הרווח הנקי )GAAP-Non )ברבעון השני של 2021 הסתכם ב28.2%- לעומת 28.2% ברבעון מקביל אשתקד.

רווח נקי : הרווח הנקי )GAAP-Non )ברבעון השני של 2021 גדל ב16%- ל- 104.3 מיליון דולר ל עומת 89.9 מיליון דולר ברבעון מקביל אשתקד . שיעור הרווח הנקי )GAAP-Non )ברבעון השני של 2021 הסתכם ב22.7%- לעומת 22.7% ברבעון מקביל אשתקד.

רווח למניה בדילול מלא: הרווח )GAAP-Non )למניה בדילול מלא ברבעון השני של 2021 גדל ב- 14.6% ל- 1.57 דולר לעומת 1.37 דולר ברבעון מקביל אשתקד.

עיקרי התוצאות הפיננסיות ) GAAP )לרבעון השני שהסתיים ב- 30 ביוני:

הכנסות: ההכנסות ברבעון השני של 2021 גדלו ב- 16.0% ל- 456.0 מיליון דולר, לעומת 393.2 מיליון דולר ברב עון מקביל אשתקד.

רווח גולמי : הרווח הגולמי ברבעון השני של 2021 הסתכם ב- 305.5 מיליון דולר בהשוואה ל- 257.4 מיליון דולר ברב עון מקביל אשתקד. שיעור הרווח הגולמי ברבעון השני של 2021 הסתכם ב- 67.0% לעומת 65.5% ברבעון מקביל אשתקד.

רווח תפעולי : הרווח התפעולי ברבעון השני של 2021 הסתכם ב- 64.0 מיליון דולר בהשוואה ל - 56.1 מיליון דולר ברבעון מקביל אשתקד. ש יעור הרווח התפעולי ברבעון השני של 2021 הסתכם ב - 14.0% לעומת 14.3% ברבעון מקביל אשתקד.

רווח נקי : הרווח הנקי ברבעון השני של 2021 הסתכם ב - 44.4 מיליון דולר לעומת 44.6 מיליון דולר מרבעון מקביל אשתקד. שיעור הרווח הנקי ברבעון השני של 2021 הסתכם ב- 9.7% לעומת 11.3% ברבעון מקביל אשתקד .

רווח למניה בדילול מלא: הרווח למניה בדילול מלא ברבעון השני של 2021 הסתכם ב- 0.67 דולר לעומת 0.68 דולר ברב עון מקביל אשתקד.

תזרים המזומנים מפעילות שוטפת ויתרת מזומנים: תזרים המזומנים מפעילות שוטפת ברבעון השני של 2021 היה 81.4 מיליון דולר . ברבעון השני, 340 אלף דולר שימשו לרכישה עצמית של מניות . נכון ל30- ביוני ,2021 יתרות המזומנים ושווי המזומנים, וכן השקעות לטווח קצר וארוך הסתכמו ב- 1,407.7 מיליון דולר . סך החוב הסתכם ב- 613.1 מיליון דולר.

תחזית לרבעון השלישי ול שנת :2021

הרבעון השלישי של :2021

סך ההכנסות )GAAP-Non )ברבעון השלישי של ,2021 צפוי להסתכם ב- 460 מיל יון דולר עד 470 מיליון דול ר. הרווח )GAAP-Non )למניה בדילול מלא ברבעון השלישי של 2021 צפוי להיות בטווח של 1.51 דולר עד 1.61 דולר.

שנת :2021

החברה מעלה את תחזיתסך ההכנסות )GAAP-Non )לשנת 2021 שצפוי להיות בטווח של 1,835 מיליון דולר עד 1,855 מיליון דול ר )גבוה מהתחזית ברבעון קודם של 1,800 מיליון דולר עד 1,820 מיליון דול ר(. החברה מעלה את תחזית הרווח )GAAP-Non )למניה בדילול מלא לשנת 2021 שצפוי להיות בטווח של 6.26 דולר עד 6.46 דולר )גבוה מהתחזית ברבעון קודם של 6.19 דולר עד 6.39 דולר(.

שיחת ועידה לדיון בתוצאות הרבעוניות

הנהלת נייס תארח שיחת ועידה לדיון בתוצאות הפיננסיות ובתחזית החברה היום, 5 באוגוסט ,2021 בשעה 8:30 בבוקר שעון החוף המזרחי של ארה" ב, 13:30 לפי שעון גריניץ' ו15:30- לפי שעון ישראל . להשתתפות בשיחה יש לחייג את המספרים הבאים : מארה"ב : 1-877-300-8521 או .+1-412-317-6026 מבריטניה 0-800-279-9489; מישראל : .1-809-213-284 .http://www.nice.com/news-and-events/ir-events בכתובת החברה באתר חי בשידור באינטרנט תשודר השיחה

אודות נייס

נייס )NICE :NASDAQ, ת" א: נייס ( הינה המובילה העולמית במתן פתרונות תוכנה, הן ברישיונות תוכנה והן בענן, המאפשרים לארגונים לנקוט בפעולה הבאה הטובה ביותר באמצעות כלים אנליטיים המנתחים מידע מובנה ושאינו מובנה. הפתרונות של נייס מסייעים לארגונים לשפר את חוויית הלקוח, להבטיח ציות לרגולציה, להיאבק בפשיעה פיננסית ולשמור על נכסים . הפתרונות של נייס נמצאים בשימוש של יותר מ25,000- ארגונים ביותר מ150- מדינות, כולל מעל 85 מהחברות המדורגות ב100- Fortune. www.nice.com

מסמך זה מהווה תרגום נוחות בלבד לעיקרי הדוחות ולהודעה לעיתונות באנגלית שפורסמה בארה "ב, המחייבת מבחינת החברה, והכוללת מידע נוסף , בין היתר בנוגע להפרשים בין GAAP ל -GAAP-Non.

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לפרטים נוספים ניתן ליצור קשר עם: יעל ארנון, שרף תקשורת ,052-720-2703 com.scherfcom@yaela