National Research Corporation reported a 10% increase in revenue to $38.3 million and a 26% increase in operating income to $12.9 million for Q4 2021 compared to Q4 2020. The operating income margin increased to 34% of revenue. The company also launched its Human Understanding Program.
Revenue increased 10% to $38.3 million in Q4 2021.
Operating Income increased 26% to $12.9 million.
Operating Income margin increased to 34% of revenue, up from 29%.
Launched NRC’s Health’s Human Understanding Program.
The company's growth strategy focuses on organic growth levers of increasing revenue from core offerings, including the new Human Understanding Program, within its existing client base, as well as adding new clients to increase market share. The company also utilized its strong cash flow from operations to continue its quarterly dividend and fund share repurchases in the fourth quarter.
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