NELNET, INC. (NYSE:NNI) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
On August7, 2017, Nelnet, Inc. (the “Company”) issued a press release with respect to its financial results for the quarter ended June30, 2017. A copy of the press release is furnished as Exhibit 99.1 to this report. In addition, a copy of the supplemental financial information for the quarter ended June30, 2017, which was made available on the Company's website at www.nelnetinvestors.com on August7, 2017 in connection with the press release, is furnished as Exhibit 99.2 to this report.
The above information and Exhibits 99.1 and 99.2 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), nor shall such information and Exhibits be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. In addition, information on the Company's website is not incorporated by reference into this report and should not be considered part of this report.
Certain statements contained in the exhibits furnished with this report may be considered forward looking in nature and are subject to various risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, the Company's actual results may vary materially from those anticipated, estimated, or expected. Among the key risks and uncertainties that may have a direct bearing on the Company's future operating results, performance, or financial condition expressed or implied by the forward-looking statements are the matters discussed in the Risk Factors section of the Company's Annual Report on Form 10-K for the year ended December31, 2016 filed with the SEC on February 27, 2017. Although the Company may from time to time voluntarily update its prior forward-looking statements, it disclaims any commitment to do so except as required by securities laws.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits. The following exhibits are furnished as part of this report:
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Exhibit No. |
Description |
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99.1 |
Press Release dated August 7, 2017 – “Nelnet Reports Second Quarter 2017 Results” |
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99.2 |
Supplemental Financial Information for the Quarter Ended June 30, 2017 |
NELNET INC ExhibitEX-99.1 2 exhibit9918717earningsrele.htm EXHIBIT 99.1 Exhibit Nelnet Reports Second Quarter 2017 Results•GAAP net income $0.68 per share,…To view the full exhibit click here
About NELNET, INC. (NYSE:NNI)
Nelnet, Inc. focuses on delivering education-related products and services and student loan asset management. The Company is engaged in student loan servicing, tuition payment processing and school information systems, and telecommunications. The Company’s segments include Student Loan and Guaranty Servicing, which focuses on student loan servicing, student loan servicing-related technology solutions, and outsourcing services for lenders, guaranty agencies and other entities; Tuition Payment Processing and Campus Commerce, which provides products and services to help students and families manage the payment of education costs at all levels (K-12 and higher education); Asset Generation and Management segment, which includes the acquisition and management of the Company’s student loan assets, and Telecommunications, which focuses on providing pure fiber optic service directly to homes and businesses for Internet, television and telephone services.