NIC (EGOV) Tops Q3 EPS by 16c
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NIC Reports Third Quarter 2020 Results
October 28, 2020 4:00 PM EDTOLATHE, Kan.--(BUSINESS WIRE)-- NIC Inc. (Nasdaq: EGOV), a leading digital government solutions and payments company, announced results for the third quarter of 2020 that ended September 30, 2020, as compared to the third quarter of 2019.
Total revenues of $134.6 million, a 49% increase. Total revenues reflect $24.8 million from TourHealth, the Company's new rapid COVID-19 testing solution with Impact Health and NEXT Marketing, which commenced in August 2020. Total revenues reflect $7.6 million from pandemic unemployment services provided to the Commonwealth of Virginia. Operating income of $29.8 million, a 66%... More