Author: Triveni Kothapalli

NICE Ltd (NASDAQ:NICE) shares rose Thursday after the company reported its third-quarter results, beating street estimates.

The company reported adjusted earnings of $3.18 per share, in line with analysts’ estimates and up 10.4% from the same period last year.

Revenue totaled $731.99 million, slightly above Wall Street expectations of $728.99 million and reflecting a 6.1% year-over-year increase.

Also Read: NICE Stock Stops Being Nice, Has A Bearish Breakdown

Cloud revenue rose 13% to $562.9 million, up from $500.1 million in the prior-year quarter, driven by strong momentum in the company’s CX AI and Self-Service business, where annual recurring revenue surged 49% year over year (or 43% excluding the Cognigy acquisition).

Services revenue declined to $138.7 million from $149.9 million, while Product revenue fell to $30.4 million from $40.0 million a year earlier, reflecting the company’s continued transition toward a cloud-first model.

The adjusted gross margin for the quarter was 69.9%, compared to 71.1% in the third quarter of 2024, while the adjusted operating margin stood at 31.5%, down slightly from 32.0% a year ago.

The company reported adjusted EBITDA of $254.19 million, compared with $242.41 million in the same quarter last year.

The company ended the quarter with $420.17 million in cash, cash equivalents, and restricted cash.

Outlook

The company updated its full-year 2025 adjusted earnings guidance to $12.18-$12.32 per share from a prior range of $12.33-$12.53, compared with analysts’ expectations of $12.45.

The company raised its full-year 2025 revenue outlook to $2.93 billion-$2.95 billion, up from a previous range of $2.92 billion-$2.94 billion, versus the consensus estimate of $2.93 billion.

CEO Commentary

Scott Russell, CEO of NICE, stated, “We’re pleased to report a strong third quarter, stemming from the continued execution of our AI-first strategy and our outstanding go-to-market performance.”

“Our AI momentum continues to accelerate, with sustained organic performance amplified by the integration of Cognigy. Together with CXone, we’re redefining what’s possible in customer experience — bringing AI, contextual engagement data, and automation together in a unified real-time platform that drives meaningful business outcomes,” he added.

Price Action: NICE shares were trading higher by 8.64% to $135.00 premarket at last check Thursday.

Read Next:

• Grab, WeRide Get Green Light For AV Testing In Singapore

Photo by T. Schneider via Shutterstock

Travel + Leisure Co. (NYSE:TNL) reported stronger-than-expected third-quarter results on Wednesday, driven by solid revenue growth and improved profitability.

The vacation ownership and travel services company posted quarterly adjusted earnings of $1.80 per share, surpassing Wall Street’s consensus estimate of $1.72 per share. The latest figure also represented a 14.7% increase from $1.57 per share reported in the same period last year.

The company’s revenue for the quarter rose 5.1% year-over-year to $1.04 billion from $0.99 billion last year quarter, coming in slightly above analysts’ expectations of $1.03 billion.

Also Read: Airbnb Impresses With Earnings, Yet Wall Street Flags Travel Headwinds And Tougher Comps

The company reported total adjusted EBITDA of $266 million for the third quarter of 2025, up from $242 million a year earlier. The consolidated adjusted EBITDA margin improved to 25.5%, compared with 24.4% in the same period last year.

Michael D. Brown, president and CEO, said, “This quarter marked exciting progress in our multi-brand strategy with the launch of the Eddie Bauer Adventure Club and the announcement of a new Sports Illustrated Resort in Chicago. These partnerships expand our reach to new audiences, strengthen our brand portfolio, and reinforce our ability to deliver exceptional vacation experiences.”

Capital Returns and Balance Sheet

The company paid a cash dividend of $36 million, or 56 cents per share, for the third quarter. Management said it will recommend a fourth-quarter dividend of 56 cents per share for approval by the Board of Directors in November 2025.

In the third quarter of 2025, the company repurchased 1.2 million shares of its common stock for $70 million, at a weighted average price of $59.90 per share.

The company reported cash and cash equivalents of $240 million as of September 30, 2025.

Segment Performance

Vacation Ownership revenue rose 6% year over year to $876 million in the third quarter of 2025. Net vacation ownership interest (VOI) sales climbed 9% from the prior year, despite a higher provision rate.

Travel and Membership revenue edged up 1% to $169 million in the third quarter of 2025, compared with a year earlier. The modest growth came as transaction revenue rose by $3 million, fueled by a 12% increase in transaction volumes, though this was partly offset by an 8% drop in revenue per transaction.

Outlook

Travel + Leisure expects adjusted EBITDA for 2025 between $965 million and $985 million, up from its prior outlook of $955 million to $985 million.

The company also expects gross vacation ownership interest (VOI) sales in the range of $2.45 billion to $2.50 billion, compared with its previous outlook of $2.4 billion to $2.5 billion.

The Volume Per Guest (VPG) is projected at $3,250 to $3,275, up from the prior outlook of $3,200 to $3,250.

Price Action: TNL shares were trading higher by 2.36% to $62.10 premarket at last check Wednesday.

Read Next:

• Lithia Motors Hits Record Revenue As Omnichannel Push Pays Off

Image via Shutterstock