NIC (EGOV) Tops Q1 EPS by 1c
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NIC Earns 23 Cents Per Share on Total Revenues of $86.7 Million
April 30, 2018 4:00 PM EDTCompany Secures Several Contract Renewals
OLATHE, Kan.--(BUSINESS WIRE)-- NIC Inc. (Nasdaq: EGOV), the dominant provider of digital government services, today announced net income of $15.5 million and earnings per share of 23 cents on total revenues of $86.7 million for the three months ended March 31, 2018. In the first quarter of 2017, the Company reported net income of $14.0 million and earnings per share of 21 cents on total revenues of $83.2 million.
Quarterly portal revenues were $80.8 million, a 5 percent increase over the first quarter of 2017. On a same-state basis, portal revenues increased 7 percent over the prior year... More
