NIC (NASDAQ:EGOV) will post its quarterly earnings results after the market closes on Thursday, November 1st. Analysts expect NIC to post earnings of $0.17 per share for the quarter.
NIC (NASDAQ:EGOV) last issued its earnings results on Wednesday, August 1st. The software maker reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. The company had revenue of $92.50 million for the quarter, compared to the consensus estimate of $90.36 million. NIC had a return on equity of 33.16% and a net margin of 16.52%. The firm’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.19 EPS. On average, analysts expect NIC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of EGOV opened at $13.38 on Wednesday. The stock has a market capitalization of $909.21 million, a PE ratio of 17.43, a price-to-earnings-growth ratio of 1.73 and a beta of 0.68. NIC has a fifty-two week low of $12.65 and a fifty-two week high of $18.90.
NIC Company Profile
NIC Inc, together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the United States. The company's outsourced portal business enters into long-term contracts with state and local governments to design, build, and operate Internet-based and enterprise-wide portals on their behalf.
Receive News & Ratings for NIC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NIC and related companies with MarketBeat.com's FREE daily email newsletter.