National Research Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported revenue of $27.870 million against $26.270 million a year ago. Operating income was $8.006 million against $5.829 million a year ago. Income before income taxes was $8.006 million against $5.782 million a year ago. Net income was $5.173 million or $0.12 per diluted class A share and $0.73 per diluted class B share against $3.480 million or $0.08 per diluted class A share and $0.49 per diluted class B share a year ago. Basic and diluted combined earnings per share were $0.21 against $0.14 a year ago.

For the full year 2016, the company's depreciation and amortization expense as a percentage of revenue is expected to be 3% for the full year in 2016. The effective income tax rate is expected to be 35.5% to 36% for the full year 2016.