NNI Q2 2017 Earnings — Nelnet, Inc. Revenue & Financial Results | Market Cap Arena

NNINelnet, Inc.

$5B

Q2 2017 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$264M+13.4% YoY

Gross Profit

$148M55.9% margin

Operating Income

$41M15.4% margin

Net Income

$29M10.9% margin

EPS (Diluted)

$0.68

QoQ Revenue Growth

-8.5%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$14M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$25.3B

Total Liabilities

$23.2B

Stockholders' Equity

$2.1B

Cash & Equivalents

$69M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$264M	$233M	+13.4%
Gross Profit	$148M	$136M	+8.1%
Operating Income	$41M	$41M	-1.3%
Net Income	$29M	$26M	+9.9%

Revenue Segments

Student Loan and Guaranty Servicing

$10M

Intersegment Eliminations

-$10M