NATIONAL RESEARCH CORP
For the period ended Jun 30, 2025. Filed Aug 8, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 8, 2025
NRC$26.85+0.7%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income
(In thousands, except for per share amounts, unaudited)
| Three months ended June 30, | Six months ended June 30, | |||
|---|---|---|---|---|
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $34,038 | $35,021 | $67,588 | $70,334 |
| Operating expenses: | ||||
| Direct | 12,974 | 13,422 | 26,031 | 27,278 |
| Selling, general and administrative | 17,734 | 11,221 | 28,089 | 22,471 |
| Depreciation and amortization | 1,742 | 1,513 | 3,284 | 2,960 |
| Total operating expenses | 32,450 | 26,156 | 57,404 | 52,709 |
| Operating income | 1,588 | 8,865 | 10,184 | 17,625 |
| Other income (expense): | ||||
| Interest income | 21 | 25 | 41 | 69 |
| Interest expense | (1,032) | (555) | (1,932) | (1,160) |
| Other, net | 4 | (11) | 11 | (16) |
| Total other expense | (1,007) | (541) | (1,880) | (1,107) |
| Income before income taxes | 581 | 8,324 | 8,304 | 16,518 |
| Provision for income taxes | 687 | 2,149 | 2,623 | 3,984 |
| Net income (loss) | $(106) | $6,175 | $5,681 | $12,534 |
| Earnings (loss) per share of common stock: | ||||
| Basic | $(0.01) | $0.26 | $0.25 | $0.53 |
| Diluted | $(0.01) | $0.26 | $0.25 | $0.52 |
| Weighted average shares and share equivalents outstanding: | ||||
| Basic | 22,658 | 23,871 | 22,814 | 23,870 |
| Diluted | 22,658 | 23,915 | 22,820 | 23,934 |
See accompanying notes to condensed consolidated financial statements
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