Nelnet: Q4 Earnings Snapshot

LINCOLN, Neb. (AP) — LINCOLN, Neb. (AP) — Nelnet Inc. (NNI) on Tuesday reported a loss of $8.6 million in its fourth quarter.

The Lincoln, Nebraska-based company said it had a loss of 23 cents per share. Losses, adjusted for one-time gains and costs, came to 4 cents per share.

The education services company posted revenue of $466 million in the period. Its adjusted revenue was $260.7 million.

For the year, the company reported profit of $91.5 million, or $2.45 per share. Revenue was reported as $1.22 billion.

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