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Nelnet: Q4 Earnings Snapshot

By AP News - Feb 28, 2023, 07:45 PM ET

Last Updated - Jun 22, 2023, 06:50 PM EDT

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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