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0 0 0 0 0.00116867939228676 0.00701207635372028 -0.0200623295675886 -0.0970003895597975
Stock impact report

NIC Reports First Quarter 2020 Results

NIC (EGOV) 
Last nic earnings: 4/27 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: egov.com/investor-relations
Company Research Source: Business Wire
OLATHE, Kan.--(BUSINESS WIRE)--NIC Inc. (Nasdaq: EGOV), the leading provider of digital government services, announced results for the first quarter of 2020 that ended March 31, 2020, as compared to the first quarter of 2019.Total revenues of $91.1 million, a 7% increase.Operating income of $15.3 million, a 2% increase.Net income of $11.9 million, a 3% increase.Diluted earnings per share of 18 cents, a 6% increase.Adjusted EBITDA of $20.1 million, a 5% decrease.Additional Financial Highlights:Same state revenues of $74.2 million, a 7% increase.Same state transaction-based revenues from Interactive Government Services (IGS) increased 13%.Same state transaction-based revenues from Driver History Records (DHR) decreased 4%.Same state revenues from other services (development services & fixed fee management services) decreased 1%.Revenues from the Company's operations in the state of Illinois were excluded from same state revenues in the current quarter because it did not generate com Show less Read more
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