Navient (NAVI) Misses Q1 EPS by 2c

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Go back to Navient (NAVI) Misses Q1 EPS by 2c

Navient Reports First-Quarter 2015 Financial Results

April 21, 2015 4:28 PM EDT

Acquires $830 Million in Student Loans during the Quarter Repurchases $300 Million of Common Shares during the Quarter Completes Acquisition of Gila

WILMINGTON, Del., April 21, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today released first-quarter 2015 financial results that include $830 million of student loan purchases, $300 million of common share repurchases, and the acquisition of a new asset recovery and business process outsourcing firm focused on state and local public sector markets.

"We're pleased to begin our first full year as Navient by helping more recent college graduates successfully transition into... More