National Research Corporation reported a 13% increase in revenue, reaching $37.8 million, and a 9% increase in operating income, amounting to $13.1 million for the third quarter of 2021. The company's cash balance increased to $52.5 million. Net income was $9.7 million, with diluted earnings per share of $0.38.
Total Recurring Contract Value of $151.5 million.
Revenue increased 13% to $37.8 million.
Operating Income increased 9% to $13.1 million.
Cash balance increased to $52.5 million at the end of the third quarter 2021.
The company expects to leverage available liquidity and strong free cash flow to support additional M&A activity and provide returns to shareholders through dividends.
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