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Nelnet: 2Q Earnings Snapshot

LINCOLN, Neb. (AP) _ Nelnet Inc. (NNI) on Thursday reported second-quarter earnings of $24.6 million.

On a per-share basis, the Lincoln, Nebraska-based company said it had net income of 61 cents. Earnings, adjusted for one-time gains and costs, were $1.32 per share.

The education services company posted revenue of $428.9 million in the period. Its adjusted revenue was $242 million.

Nelnet shares have risen 21% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $63.53, a rise of 11% in the last 12 months.


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