NIC (EGOV) Tops Q2 EPS by 3c, Offers Outlook

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NIC Reports Second Quarter 2020 Results

July 29, 2020 4:00 PM EDT

OLATHE, Kan.--(BUSINESS WIRE)-- NIC Inc. (Nasdaq: EGOV), the leading provider of digital government services, announced results for the second quarter of 2020 that ended June 30, 2020, as compared to the second quarter of 2019.

Total revenues of $93.6 million, a 2% increase. Operating income of $18.4 million, a 4% increase. Net income of $13.8 million, a 5% decrease. Diluted earnings per share of 20 cents, a 5% decrease. Earnings per share in the prior year quarter was positively impacted by 1 cent due to the release of reserves for unrecognized... More