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Nelnet: Q1 Earnings Snapshot

Nelnet: Q1 Earnings Snapshot

By AP News
Published - May 08, 2023, 05:24 PM ET
Last Updated - Jun 21, 2023, 09:52 PM EDT

LINCOLN, Neb. (AP) — LINCOLN, Neb. (AP) — Nelnet Inc. (NNI) on Monday reported profit of $26.5 million in its first quarter.

On a per-share basis, the Lincoln, Nebraska-based company said it had profit of 71 cents. Earnings, adjusted for one-time gains and costs, were $1.47 per share.

The education services company posted revenue of $531.1 million in the period. Its adjusted revenue was $331.7 million.

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