Nice Ltd (NASDAQ:NICE) saw its stock price surge 5.55% during pre-market trading on Thursday, following the release of its quarterly financial results.

The significant price movement appears to be directly linked to the company's fourth-quarter earnings report, which exceeded analyst expectations. NICE reported adjusted earnings per share of $3.24, beating the consensus estimate of $3.23, while revenue of $786.496 million also surpassed the $782.285 million forecast.

The company demonstrated solid year-over-year growth, with earnings increasing 7.28% from $3.02 per share in the same period last year and sales rising 8.99% from $721.600 million. This positive earnings surprise likely fueled investor optimism and drove the pre-market rally.