Nelnet: Q1 Earnings Snapshot

LINCOLN, Neb. (AP) — LINCOLN, Neb. (AP) — Nelnet Inc. (NNI) on Thursday reported profit of $73.2 million in its first quarter.

On a per-share basis, the Lincoln, Nebraska-based company said it had profit of $1.97. Earnings, adjusted for non-recurring gains, were $1.81 per share.

The education services company posted revenue of $580 million in the period. Its adjusted revenue was $385.4 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NNI at https://www.zacks.com/ap/NNI

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up