NIC (EGOV) Tops Q3 EPS by 7c

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Go back to NIC (EGOV) Tops Q3 EPS by 7c

NIC Earns 24 Cents Per Share on Total Revenues of $87.0 Million

November 1, 2018 4:00 PM EDT

Core digital government services drive strong same-state financial results

OLATHE, Kan.--(BUSINESS WIRE)-- NIC Inc. (Nasdaq: EGOV), the dominant provider of digital government services, today announced net income of $15.9 million and earnings per share of 24 cents on total revenues of $87.0 million for the three months ended September 30, 2018. In the third quarter of 2017, the Company reported net income of $14.0 million and earnings per share of 21 cents on total revenues of $84.5 million.

Quarterly portal revenues were $80.9 million, a 6 percent increase over the third quarter of 2017. On a same-state basis, portal revenues... More