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Article: Nelnet Reports Adjusted Base Net Income for the First Six Months Up 21 percent to $0.82 Per Share.
- Article from:
- PR Newswire
- Article date:
- July 28, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* Net student loan assets up $1.1 billion to $22.4 billion for second quarter
* Adjusted base net income for the second quarter $0.37 per share
* Fee-based revenue represents 43 percent of total revenue
LINCOLN, Neb., July 28 /PRNewswire-FirstCall/ -- Nelnet, Inc. today reported GAAP net income for the first six months of 2006 of $97.8 million, or $1.80 per share, compared with $66.3 million, or $1.23 per share, for the first six months of 2005. Base net income for the first six months of 2006 was $62.6 million, or $1.15 per share, compared with $62.5 million, or $1.16 per share, for the first six months of 2005.
GAAP net income for ...
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