NICE (NASDAQ:NICE) has announced a notable 27% year-over-year increase in cloud revenue for the first quarter of 2024, alongside a 15% rise in total revenue.

Highlights from the first quarter include double-digit increases in gross profit, operating income, and net income.

NICE also surpassed the high end of its non-GAAP earnings per share (EPS) guidance and reported a record operating cash flow of $254 million, marking a 30% increase from the previous year.

Furthermore, NICE saw a 170 basis point improvement in its non-GAAP operating margin, reaching 30.3%. This contributed to a 27% year-over-year increase in non-GAAP EPS.