NIC (EGOV) Reports In-Line Q4 EPS

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Go back to NIC (EGOV) Reports In-Line Q4 EPS

NIC Earns 16 Cents Per Share in Fourth Quarter 2017 on Total Revenues of $83.5 Million; Exceeds High End of Annual Guidance

January 31, 2018 4:00 PM EST

Company declares regular quarterly dividend of 8 cents per share

OLATHE, Kan.--(BUSINESS WIRE)-- NIC Inc. (NASDAQ: EGOV), the leading provider of digital government services, today announced net income of $10.8 million and earnings per share of 16 cents on total revenues of $83.5 million for the three months ended December 31, 2017. In the fourth quarter of 2016, the Company reported net income of $13.6 million and earnings per share of 20 cents on total revenues of $78.3 million.

During the fourth quarter of 2017, the Companys effective tax rate was 38 percent, compared to 19... More