Nelnet (NNI) Reports In-Line Q2 EPS

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Nelnet Reports Second Quarter 2015 Results

August 6, 2015 4:15 PM EDT

LINCOLN, Neb., Aug. 6, 2015 /PRNewswire/ -- Nelnet (NYSE: NNI) today reported GAAP net income of $70.9 million, or $1.54 per share, for the second quarter of 2015, compared with GAAP net income of $75.0 million, or $1.61 per share, for the same period a year ago.

Excluding derivative market value and foreign currency adjustments, net income was $63.5 million, or $1.38 per share, for the second quarter of 2015, compared with $70.2 million, or $1.51 per share, for the same period in 2014.  The company reported income from derivative market value and foreign currency adjustments of $7.4 million after tax, or $0.16 per... More