U.S. stocks were higher, with the Nasdaq Composite gaining more 2% on Thursday.
Shares of NICE Ltd. (NASDAQ: NICE) rose sharply during Thursday’s session after the company reported better-than-expected fourth-quarter financial results and issued FY24 guidance above estimates.
NICE reported fourth-quarter fiscal 2023 revenue growth of 9.6% year-over-year to $623.19 million, beating the consensus of $618.51 million. Adjusted EPS improved to $2.36 compared to $2.04 in the prior year, beating the consensus of $2.28.
NICE shares jumped 10.4% to $249.39 on Thursday.
Here are some other big stocks recording gains in today’s session.
- Root, Inc. (NASDAQ: ROOT) shares shares rose 40.8% to $12.21 after posting better-than-expected fourth-quarter results.
- Novavax, Inc. (NASDAQ: NVAX) gained 34.7% to $5.36. Novavax has reached a settlement related to the 2021 advance purchase agreement for Novavax's prototype Covid-19 vaccine (NVX-COV2373).
- Mativ Holdings, Inc. (NYSE: MATV) climbed 27.6% to $15.00 following upbeat earnings.
- Outset Medical, Inc. (NASDAQ: OM) rose 26% to $4.0680 following upbeat results.
- Ocular Therapeutix, Inc. (NASDAQ: OCUL) climbed 22.2% to $9.19 after announcing a $325.0 million private placement.
- Remitly Global, Inc. (NASDAQ: RELY) shares gained 19.5% to $21.13 after the company reported better-than-expected fourth-quarter ...