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Nelnet to Announce First Quarter Results PR Newswire LINCOLN, Neb., April 17, 2024 LINCOLN, Neb. , April 17, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the first quarter ended March 31, 2024 , after the close of the New York Stock Exchange on Thursday, May 9, 2024 . Upon release, additional earnings information will be available at www.nelnetinvestors.com . Learn more about Nelnet at www.nelnetinc.com . View original content:...

Nelnet Renewable Energy Sharpens Focus on Commercial Solar PR Newswire LINCOLN, Neb., April 12, 2024 LINCOLN, Neb. , April 12, 2024 /PRNewswire/ -- Nelnet Renewable Energy today announced a strategic shift in its solar engineering, procurement, and construction (EPC) operations to focus exclusively on the commercial solar market. This decision underscores the company's commitment to leveraging its technical and project management strengths in a market that has shown robust growth potential and...

Sunrock DG and Nelnet Partner for Renewable Distributed Generation Projects PR Newswire NEW YORK, April 11, 2024 NEW YORK , April 11, 2024 /PRNewswire/ -- Sunrock Distributed Generation, a commercial solar and clean energy development and management platform, announces today its tax equity partnership with Nelnet, Inc. (NYSE: NNI), marking a significant step towards enhancing energy sustainability, building power grid resiliency, and reducing carbon emissions in local communities. The...

Nelnet Reports Fourth Quarter 2023 Results PR Newswire LINCOLN, Neb., Feb. 27, 2024 LINCOLN, Neb. , Feb. 27, 2024 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported a GAAP net loss of $8.6 million , or $0.23 per share, for the fourth quarter of 2023, compared with GAAP net income of $30.8 million , or $0.83 per share, for the same period a year ago. Excluding derivative market value adjustments 1 , the company's net loss was $1.3 million , or $0.04 per share, for the fourth quarter of 2023,...

Nelnet Bank Launches K-12 High-Yield Savings Accounts: Empowering Schools with Financial Growth PR Newswire DRAPER, Utah, Feb. 6, 2024 DRAPER, Utah , Feb. 6, 2024 /PRNewswire/ -- In a commitment to bolster financial strength and empower educational institutions, Nelnet Bank (Member FDIC) announces the launch of its innovative K–12 High-Yield Savings Accounts. Crafted in partnership with FACTS to meet the needs of K–12 schools, these accounts offer competitive high-interest rates with...

Nelnet to Announce Fourth Quarter Results; Board Approves Dividend PR Newswire LINCOLN, Neb., Feb. 1, 2024 LINCOLN, Neb. , Feb. 1, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.28 per share. The dividend will be paid on Friday, March 15, 2024 , to shareholders of record at the close of business on Friday, March 1, 2024 ....

Nelnet Reports Third Quarter 2023 Results PR Newswire LINCOLN, Neb., Nov. 7, 2023 LINCOLN, Neb. , Nov. 7, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $45.3 million , or $1.21 per share, for the third quarter of 2023, compared with GAAP net income of $104.8 million , or $2.80 per share, for the same period a year ago. Net income, excluding derivative market value adjustments 1 , was $42.9 million , or $1.15 per share, for the third quarter of 2023, compared with...

Nelnet to Announce Third Quarter Results PR Newswire LINCOLN, Neb., Oct. 17, 2023 LINCOLN, Neb. , Oct. 17, 2023 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the third quarter ended September 30, 2023 , after the close of the New York Stock Exchange on Tuesday, November 7, 2023 . Upon release, additional earnings information will be available at www.nelnetinvestors.com . Learn more about Nelnet at www.nelnetinc.com . View original content:...

GRNE Solar Rebrands as Nelnet Renewable Energy PR Newswire LINCOLN, Neb., Aug. 8, 2023 LINCOLN, Neb. , Aug. 8, 2023 /PRNewswire/ -- GRNE Solar, a premier solar engineering, procurement and construction (EPC) firm, announced today it has transitioned to the Nelnet Renewable Energy brand. The company was acquired by Nelnet, Inc., in 2022. Since 2012, GRNE Solar has installed commercial and residential solar energy solutions and utility-scale solar systems across 13 states. While GRNE Solar's name...

Nelnet Reports Second Quarter 2023 Results PR Newswire LINCOLN, Neb., Aug. 7, 2023 LINCOLN, Neb. , Aug. 7, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $28.3 million , or $0.75 per share, for the second quarter of 2023, compared with GAAP net income of $85.1 million , or $2.26 per share, for the same period a year ago. Net income, excluding derivative market value adjustments 1 , was $26.7 million , or $0.71 per share, for the second quarter of 2023, compared with...

Nelnet Awarded GSA Schedule to Expand Support for Government Agencies PR Newswire LINCOLN, Neb., July 26, 2023 LINCOLN, Neb. , July 26, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI), a student loan servicing, back-office, contact center, and technology provider for government agencies, is pleased to announce its latest achievement in supporting the public sector. As part of its strategic expansion efforts, Nelnet has secured a GSA Schedule with the General Services Administration (GSA), enabling the...

Nelnet to Announce Second Quarter Results PR Newswire LINCOLN, Neb., July 13, 2023 LINCOLN, Neb. , July 13, 2023 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the second quarter ended June 30, 2023 , after the close of the New York Stock Exchange on Monday, August 7, 2023 . Upon release, additional earnings information will be available at www.nelnetinvestors.com . Learn more about Nelnet at www.nelnetinc.com . View original content:...

Nelnet Reports First Quarter 2023 Results PR Newswire LINCOLN, Neb., May 8, 2023 LINCOLN, Neb. , May 8, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $26.5 million , or $0.71 per share, for the first quarter of 2023, compared with GAAP net income of $186.6 million , or $4.91 per share, for the same period a year ago. Net income, excluding derivative market value adjustments 1 , was $54.9 million , or $1.47 per share, for the first quarter of 2023, compared with $75.9...

Nelnet Awarded U.S. Department of Education's USDS Loan Servicing Contract PR Newswire LINCOLN, Neb., April 25, 2023 LINCOLN, Neb. , April 25, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today announced its Nelnet Diversified Services division has been awarded a Unified Servicing and Data Solution (USDS) contract by the United States Department of Education (Department) Office of Federal Student Aid (FSA). The 5-year federal contract, with possible extensions up to 10 years, will replace existing...

Nelnet to Announce First Quarter Results PR Newswire LINCOLN, Neb., April 14, 2023 LINCOLN, Neb. , April 14, 2023 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the first quarter ended March 31, 2023 , after the close of the New York Stock Exchange on Monday, May 8, 2023 . Upon release, additional earnings information will be available at www.nelnetinvestors.com . Learn more about Nelnet at www.nelnetinc.com . View original content:...

Nelnet Announces Reduction of Staff Due to Contract Changes Impacting Student Loan Servicing PR Newswire LINCOLN, Neb., March 23, 2023 LINCOLN, Neb. , March 23, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today announced a staffing reduction to address lower pricing and reduced servicing volume for the company's federal servicing contracts as well as to align with the company's strategic consolidation and sunsetting of select loan servicing systems. On March 22, 2023 , Nelnet received a contract...

Nelnet Reports Fourth Quarter 2022 Results PR Newswire LINCOLN, Neb., Feb. 28, 2023 LINCOLN, Neb. , Feb. 28, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $30.8 million , or $0.83 per share, for the fourth quarter of 2022, compared with GAAP net income of $132.7 million , or $3.46 per share, for the same period a year ago. Net income, excluding derivative market value adjustments 1 , was $36.4 million , or $0.98 per share, for the fourth quarter of 2022, compared with...

Nelnet to Announce Fourth Quarter Results; Board Approves Dividend PR Newswire LINCOLN, Neb., Feb. 1, 2023 LINCOLN, Neb. , Feb. 1, 2023 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.26 per share. The dividend will be paid on Wednesday, March 15, 2023 , to shareholders of record at the close of business on Wednesday, March 1,...

Nelnet Announces Changes to Staffing Capacity in Student Loan Servicing Division PR Newswire LINCOLN, Neb., Jan. 18, 2023 LINCOLN, Neb. , Jan. 18, 2023 /PRNewswire/ -- Nelnet (NYSE: NNI) today announced changes to manage excess staff capacity due to delays in the government's student debt relief and return to repayment programs. Approximately 350 associates who were hired within the last six months will be laid off and approximately 210 associates will be terminated for performance reasons in...

Nelnet Mourns the Loss of Board Member William Cintani PR Newswire LINCOLN, Neb., Dec. 16, 2022 LINCOLN, Neb. , Dec. 16, 2022 /PRNewswire/ -- Nelnet (NYSE: NNI) today announced with great sadness that board member William "Bill" Cintani passed away on December 10, 2022 . Cintani joined Nelnet's board of directors in May 2012 and was long-time chairman and chief executive officer of Mapes Industries. Before joining the Nelnet board, he served 10 years as a member of the board of directors of...