NNI Q3 2017 Earnings — Nelnet, Inc. Revenue & Financial Results | Market Cap Arena

NNINelnet, Inc.

$5B

Q3 2017 Earnings

Financial Services Financial - Credit Services

Income Statement

Revenue

$308M-6.6% YoY

Gross Profit

$179M58.3% margin

Operating Income

$69M22.4% margin

Net Income

$46M15.0% margin

EPS (Diluted)

$1.11

QoQ Revenue Growth

+16.7%

Cash Flow

Operating Cash Flow

$98M

Free Cash Flow

$62M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$24.8B

Total Liabilities

$22.6B

Stockholders' Equity

$2.1B

Cash & Equivalents

$254M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$308M	$329M	-6.6%
Gross Profit	$179M	$227M	-21.0%
Operating Income	$69M	$132M	-47.7%
Net Income	$46M	$84M	-45.1%

Revenue Segments

Student Loan and Guaranty Servicing

$11M100%