Nelnet Reports Second Quarter 2018 Results
Nelnet, Inc. (NNI)
US:NYSE Investor Relations:
nelnet.com/investors
Company Research
Source: PR Newswire
LINCOLN, Neb., Aug. 7, 2018 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $49.4 million, or $1.21 per share, for the second quarter of 2018, compared with GAAP net income of $28.7 million, or $0.68 per share, for the same period a year ago.Net income, excluding derivative market value and foreign currency transaction adjustments, was $53.2 million, or $1.30 per share, for the second quarter of 2018, compared with $45.8 million, or $1.08 per share, for the same period in 2017. For additional information on these non-GAAP metrics, including reconciliations to GAAP net income, see "Non-GAAP Performance Measures" below.Several factors increased GAAP net income for the three months ended June 30, 2018, as compared with the same period in 2017:The contribution to net income from the acquisition of Great Lakes Educational Loan Services, Inc. (Great Lakes) on February 7, 2018; The decrease in the company's effective tax rate due to the Tax Cuts and Jobs Act, effective J
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News
- Nelnet to Announce First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Nelnet to Announce First Quarter ResultsPR Newswire
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- Nelnet Renewable to discontinue residential solar operations and focus on commercial segment [Seeking Alpha]Seeking Alpha
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- 2/27/24 - Miss
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Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- NNI's page on the SEC website