Today’s wonderful stocks sank
Special cloud platform provider stock wonderful (wonderful -6.82%)) According to the data provided by S & P Global Market Intelligence, it has fallen 8% to noon on Thursday.
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The NICE reported an income of 1/4, with a 6% increase in sales and operating cash flows, and defeated the analyst’s expectations for the top and revenue of the analyst.
The company also provided guidelines for analysts’ expectations, but the market’s response seems to say that management is hoping to be the sand.
NICE’s perfect results are disappointed in the market.
NICE is driven by artificial intelligence (AI) and has three cloud platforms that specialize in customer experience (especially contact center service), financial crimes and regulations, and public safety and justice.
Many industry experts recognize NIC as a leader in each specialized field, and the company calculates 85 of Fortune 100 as its customers.
Sales were only 6%, while Nice’s cloud sales (3/4 of total sales) increased 12% over the first quarter. In another way, NICE’s small, less important products and services have been reduced, but the core cloud business is still strong.
However, this is the first time that the company’s cloud sales have not grown over quarterly in three years.
But most importantly, I saw that the profits related to AI and self -service increased 39% in the first quarter. In my opinion, this is the most important takeout in imported phone because it shows NICE’s ability to integrate AI into the market’s best cloud platform.
Even after accounting for stock -based rewards, trading with 18 times free cash flows is a new $ 500 million stock rehabilitation plan that can help increase shareholder value.
This balance between capital allocation and Nice’s leadership location in the rapid growth niche makes the company an interesting and potentially discounted growth stock.
