NIC (EGOV) Tops Q2 EPS by 3c

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NIC Earns 25 Cents Per Share on Total Revenues of $92.5 Million

August 1, 2018 4:00 PM EDT

Core digital government services drive strong same-state portal revenue growth

OLATHE, Kan.--(BUSINESS WIRE)-- NIC Inc. (Nasdaq: EGOV), the dominant provider of digital government services, today announced net income of $17.0 million and earnings per share of 25 cents on total revenues of $92.5 million for the three months ended June 30, 2018. In the second quarter of 2017, the Company reported net income of $12.8 million and earnings per share of 19 cents on total revenues of $85.3 million.

Quarterly portal revenues were $86.6 million, a 9 percent increase over the second quarter of 2017. On a same-state basis, portal... More