Type Public Revenue 239.6 million USD (As of) | Industry Technology services Founded 1991 | |
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Traded as NASDAQ: EGOVS&P 600 Component Key people Harry Herington (CEO) (Chairman of the Board)Steve Kovzan (CFO)Robert Knapp (COO)Jayne Friedland Holland (CSO) (Associate General Counsel)William Van Asselt (General Counsel) Services Digital Government ServicesPayment Processing Number of employees 900+ Nationwide (As of 2016) Stock price EGOV (NASDAQ) US$ 21.55 +0.35 (+1.65%)17 Mar, 4:00 PM GMT-4 - Disclaimer Subsidiaries Kentucky Interactive LLC Profiles | ||
The culture of nic inc
NIC Inc. (NASDAQ: EGOV) is an information service provider for federal and state government in the United States. It was founded in 1991 and is headquartered in Olathe, Kansas. As an eGovernment provider, it has long-term contracts with 3,500 state and local government and federal agencies to provide the IT software, system, consultancy and other relevant services. As of February 23, 2014, the company has an enterprise of $1.20 billion with a market capitalization of $1.27 billion. In 2013, Forbes listed it as one of America’s Best Small Companies. On February 24, 2014, The company's pre-employment screening program (PSP) customer service team was awarded a Bronze Stevie Award for supporting for the U.S. Department of Transportation Federal Motor Carrier Safety Administration (FMCSA).
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Background
The company has two segments including out-sourced portal businesses segment and software & service segment. The main service of out-sourced portal business segment is to develop governmental portals and support its operations. Additionally, the other segment is engaged in developing software for state and local governments. Software & service segment has a subsidiary, NIC Technologies, to operate its business. It generates revenue from the contract with Federal Motor Carrier Safety Administration for the development of the Pre-employment Screen Program. The maintenance of the program is another profit point for the company.