Navient (NAVI) Reports In-Line Q2 EPS
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July 21, 2015 4:15 PM EDT
Acquires $1 Billion in Student Loans during the Quarter
Repurchases $300 Million of Common Shares during the Quarter
WILMINGTON, Del., July 21, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today released second-quarter 2015 financial results that include $1 billion of student loan purchases and $300 million of common share repurchases.
"Even though the financial performance of many elements of our business was strong, several factors negatively impacted second-quarter results," said Jack Remondi, president and CEO. "The overwhelming majority of our private education loans continue to demonstrate strong credit performance consistent with our expectations,... More
July 21, 2015 4:15 PM EDT
Acquires $1 Billion in Student Loans during the Quarter
Repurchases $300 Million of Common Shares during the Quarter
WILMINGTON, Del., July 21, 2015 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI) today released second-quarter 2015 financial results that include $1 billion of student loan purchases and $300 million of common share repurchases.
"Even though the financial performance of many elements of our business was strong, several factors negatively impacted second-quarter results," said Jack Remondi, president and CEO. "The overwhelming majority of our private education loans continue to demonstrate strong credit performance consistent with our expectations,... More
