NIC Q4 Profit Down - Quick Facts

(RTTNews) - NIC Inc. (EGOV) Thursday reported fourth-quarter profit of $6.2 million or $0.09 per share, down from $8.6 million or $0.13 per share in the same period last year.

On average, seven analysts polled by Thomson Reuters expected the company to earn $0.12 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $60.8 million from $56.2 million last year. Analysts expected revenues of $62.97 million.

Looking ahead to the fiscal year 2014, the company currently projects earnings in the range of $0.53 to $0.58 per share, with revenues in the order of $260.0 million to $270.0 million.

Analysts currently expect the company to report full-year earnings of $0.61 per share on revenues of $273.47 million.