NIC Reports Fourth Quarter 2020 Results
OLATHE, Kan.--(BUSINESS WIRE)--NIC Inc. (Nasdaq: EGOV), a leading digital government solutions and payments company, announced results for the fourth quarter of 2020 that ended December 31, 2020, as compared to the fourth quarter of 2019.
Total revenues of $141.2 million, a 62% increase.
Total revenues reflect $36.8 million from TourHealth, the Company's COVID-19 testing solution with Impact Health and NEXT Marketing.
Total revenues reflect $8.4 million from pandemic unemployment services provided to the Commonwealth of Virginia.
Operating income of $23.9 million, a 104% increase.
Operating income reflects a $5.2 million contribution from TourHealth.
Operating income