Loser Stock - (NASDAQ:NICE) reported a lower third-quarter net profit

Loser Stock News

Dallas, TX 11/02/2009 04:19 PM GMT (TransWorldNews)

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Nice Systems Ltd. (ADR) (NASDAQ:NICE) fell over 7% to $28.78 after the company reported a lower third-quarter net profit on Tuesday that beat analysts’ estimates by a cent. Quarterly net income fell to $7.8 million, or 12 cents per diluted share, from $10.9 million or 18 cents a share in the same period last year.

NICE-Systems Ltd (NICE) is a provider of solutions that capture, manage and analyze unstructured multimedia content and transactional data. The Company’s solutions include integrated, multimedia recording platforms, software applications and related professional services. NICE’s customers include various industries, such as financial services, telecommunications, healthcare, outsourcers, retail, service providers and utilities.

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