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LINCOLN, Neb. (AP) — LINCOLN, Neb. (AP) — Nelnet Inc. (NNI) on Tuesday reported fourth-quarter profit of $30.8 million.
On a per-share basis, the Lincoln, Nebraska-based company said it had profit of 83 cents. Earnings, adjusted for non-recurring costs, were 98 cents per share.
The education services company posted revenue of $518.5 million in the period. Its adjusted revenue was $336.7 million.
For the year, the company reported profit of $407.3 million, or $10.83 per share. Revenue was reported as $1.56 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a NNI">Zacks stock report on NNI at https://www.zacks.com/ap/NNI