Page 14 - Barak Eilam News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Nice Systems beats analysts, raises guidance First quarter non-GAAP EPS were up 14.9% at $1.54, $0.05 ahead of the consensus analysts' estimate. Data analytics software company NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) reported a 10.9% rise in first quarter revenue to $455.0 million today, compared with $410.40 million for the first quarter of 2020. On a GAAP basis, net profit for the first quarter was $52.2 million, up from $46.1 million in the first quarter of 2020. On a non-GAAP basis, Nice Systems posted a net profit for the first quarter of $102.8 million, up from $87.9 million for th...

Millionaires proliferate in Israel's tech boom Thanks to stock options, some 10,000 senior tech employees have become dollar millionaires in the past year. The Covid-19 crisis has been good to tech employees worldwide and this is true of Israel too - the "Startup Nation." Israel's tech sector employs hundreds of thousands who, over the past year, have benefited from a meteoric, often exponential, rise in their company's share price. Demand for these companies' products has risen during the pandemic, due to the need for technological solutions that aid remote work and study - communications so...

Due to stock options, 10,000 senior tech employees have become millionaires in dollar terms in the past year and 20,000 lower-level staff in shekel terms, a survey has found.

Top exec pay keeps rising in Covid year The aggregate cost of the 100 highest paid executives at TASE companies rose 16% in 2020. Only two women make the list. If anyone thought that the coronavirus pandemic and its negative effects on the economy would lead to a decline in the compensation cost of senior managers of companies on the Tel Aviv Stock Exchange, the financial statements released in the past few weeks for 2020 show otherwise. The trend in the cost of employing the highest-paid managers in public companies is one-way - upwards. One of the main reasons for this is a far greater elem...

Operator Welcome to the NICE Conference Call discussing Fourth Quarter and Full Year 2020 Results, and thank you all for holding. [Operator Instructions] As a reminder, this conference is being recorded, February 18, 2021. I would now like to turn this call over to Mr. Marty Cohen, Vice President, Investor Relations at NICE. Please go ahead. Marty Cohen -- Vice President, Investor Relations Thank you, operator. With me on the call today are Barak Eilam, Chief Executive Officer; Beth Gaspich, Chief Financial Officer; and Eran Liron, Executive Vice President, Marketing and Corporate Developmen...