NNI

Nelnet Reports Fourth Quarter 2023 Results

Retrieved on: 
Tuesday, February 27, 2024
Consumer, Artificial intelligence, Forecasting, Risk, Payment, Investment, Loan servicing, NNI, NRE, Disclosure, Information, Climate change, GAAP, AGM, Tax, Security (finance), Failure, Bank statement, Environment, Bank

The AGM operating segment reported net interest income of $35.6 million during the fourth quarter of 2023, compared with $58.5 million for the same period a year ago.

Key Points: 
  • The AGM operating segment reported net interest income of $35.6 million during the fourth quarter of 2023, compared with $58.5 million for the same period a year ago.
  • The average balance of loans outstanding decreased from $14.8 billion for the fourth quarter of 2022 to $12.5 billion for the same period in 2023.
  • AGM recognized a provision for loan losses in the fourth quarter of 2023 of $8.3 million ($6.3 million after tax), compared with $27.4 million ($20.8 million after tax) in the fourth quarter of 2022.
  • The company acquired $196.4 million in loans in the fourth quarter of 2023, compared with $926.3 million for the same period in 2022.

Nelnet to Announce Fourth Quarter Results; Board Approves Dividend

Retrieved on: 
Thursday, February 1, 2024
NNI

LINCOLN, Neb., Feb. 1, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.28 per share.

Key Points: 
  • LINCOLN, Neb., Feb. 1, 2024 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced the Nelnet Board of Directors declared a first quarter cash dividend on the company's outstanding shares of Class A common stock and Class B common stock of $0.28 per share.
  • The dividend will be paid on Friday, March 15, 2024, to shareholders of record at the close of business on Friday, March 1, 2024.
  • The company also announced it will release earnings for the fourth quarter and year ended December 31, 2023, after the close of the New York Stock Exchange on Tuesday, February 27, 2024.
  • Upon release, additional earnings information will be available at www.nelnetinvestors.com .

Global Level Sensor Market Size, Share & Trends Analysis Report 2023-2030: Market Anticipates Robust Growth, Driven by Technological Advances in MEMS and Nanotechnology

Retrieved on: 
Monday, January 15, 2024
NSI, Drink, Food, Health, Grain, Food quality, Nanotechnology, Pasteurization, Government, Risk, Environment, MEMS, System, Carbon, Automotive industry, Movement, Safety, Pressure, USD, FDA, Food industry, NNI, Consumer electronics, Growth, Renewable energy

The global level sensor market size is anticipated to reach USD 8.37 billion by 2030, expanding at a CAGR of 7.3% over the forecast period.

Key Points: 
  • The global level sensor market size is anticipated to reach USD 8.37 billion by 2030, expanding at a CAGR of 7.3% over the forecast period.
  • Programmable measuring instruments and specialized accessories are likely to drive the level sensor market demand over the forecast period.
  • Level Sensor Market: Movement & Market Share Analysis, 2022 & 2030
    5.2.
  • Level Sensor Market: Movement & Market Share Analysis, 2022 & 2030

Global Nanotechnology Industry Research Report 2023: Historical Market Revenue Data for 2022, Estimates for 2023, and CAGR Projections through 2028 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 8, 2024
Robotics, Engineering, Data Management, Environment, Technology, Aerospace, Manufacturing, Environmental, Social and Governance (ESG), Nanotechnology, Genetics, Green Technology, Artificial Intelligence, Science, Professional Services, Health, IOT (Internet of Things), Stem Cells, Agriculture, Telecommunications, Natural Resources, Other Science, Research, Primary energy, Thermo Fisher Scientific, Sanofi, Gene editing, Massachusetts Institute of Technology, Government agency, Government, NNI, MIT, 3M, Electronics, ESG, Big data, NSF, Internet of things, Water purification, National Science Foundation, DOE, Miniaturization, Nanoparticle, EPA, Bangladesh Technical Education Board, Toxicity, Investment, NIH, Safety, Steel, Intelligence, Bruker, Renewable energy

The nanotechnology industry is anticipated to continue its growth trajectory, driven by advancements in research and development, increased adoption across industries and ongoing innovations in materials and processes.

Key Points: 
  • The nanotechnology industry is anticipated to continue its growth trajectory, driven by advancements in research and development, increased adoption across industries and ongoing innovations in materials and processes.
  • Global governments, academia and industries are investing in nanotechnology initiatives, which indicates a strong commitment to its development.
  • North America dominates the nanotechnology market with a 38.1% share in 2022 due to a significant rise in R&D investments in nanotechnology.
  • Rising competition among nanotechnology market players is continuously helping in product differentiation, cost reduction and innovation, which fuels market development.

IPC accredited as AWS Direct Connect Partner

Retrieved on: 
Tuesday, December 5, 2023
Gentlemen's agreement, AWS, IPC, NNI, Amazon, Certification, Amazon Web Services, Internet, APN, Video game

New York and London, Dec. 05, 2023 (GLOBE NEWSWIRE) -- IPC is delighted to announce its certification as an accredited Amazon Web Services (AWS) Direct Connect Partner.

Key Points: 
  • New York and London, Dec. 05, 2023 (GLOBE NEWSWIRE) -- IPC is delighted to announce its certification as an accredited Amazon Web Services (AWS) Direct Connect Partner.
  • Leveraging IPC’s core Network-to-Network Interface (NNI) with AWS, IPC customers now have even faster, more secure, and efficient access to AWS services.
  • AWS Direct Connect is a networking service that provides an alternative to using the internet to connect to AWS.
  • Tim Carmody, Chief Technology Officer at IPC said: “We are delighted to be accredited as an AWS Direct Connect Partner and to empower our customers’ cloud journey with secure, reliable, and fast connectivity to AWS.

Nelnet Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
NNI, Risk, Security (finance), Payment, NYSE, Educational technology, Information, Loan servicing, Corporation, AGM, Cyprus Securities and Exchange Commission, GAAP, Disclosure, Consumer, Bank statement, Environment, EPC, Forecasting, Forest Law Enforcement and Governance Program, Investment, Failure, Climate change, Bank, Video game, Cryptocurrency, Beauty salon, System, Nelnet

The AGM operating segment reported net interest income of $51.5 million during the third quarter of 2023, compared with $62.9 million for the same period a year ago.

Key Points: 
  • The AGM operating segment reported net interest income of $51.5 million during the third quarter of 2023, compared with $62.9 million for the same period a year ago.
  • As of September 30, 2023, Nelnet Bank had a $468.8 million loan portfolio and total deposits, including intercompany deposits, of $947.4 million.
  • Nelnet Bank recognized net income after tax for the quarter ended September 30, 2023 of $1.7 million, compared with $0.8 million for the same period in 2022.
  • The dividend will be paid on December 15, 2023, to shareholders of record at the close of business on December 1, 2023.

Nelnet to Announce Third Quarter Results

Retrieved on: 
Tuesday, October 17, 2023
NNI, NYSE, Rare-earth element, Mail order

LINCOLN, Neb., Oct. 17, 2023 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the third quarter ended September 30, 2023, after the close of the New York Stock Exchange on Tuesday, November 7, 2023.

Key Points: 
  • LINCOLN, Neb., Oct. 17, 2023 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the third quarter ended September 30, 2023, after the close of the New York Stock Exchange on Tuesday, November 7, 2023.
  • Upon release, additional earnings information will be available at www.nelnetinvestors.com .

GRNE Solar Rebrands as Nelnet Renewable Energy

Retrieved on: 
Tuesday, August 8, 2023
Heart, Maintenance, Partnership, NNI, EPC, Nelnet, Engineering, Growth, NYSE, Renewable energy

LINCOLN, Neb., Aug. 8, 2023 /PRNewswire/ -- GRNE Solar, a premier solar engineering, procurement and construction (EPC) firm, announced today it has transitioned to the Nelnet Renewable Energy brand.

Key Points: 
  • LINCOLN, Neb., Aug. 8, 2023 /PRNewswire/ -- GRNE Solar, a premier solar engineering, procurement and construction (EPC) firm, announced today it has transitioned to the Nelnet Renewable Energy brand.
  • Since 2012, GRNE Solar has installed commercial and residential solar energy solutions and utility-scale solar systems across 13 states.
  • "Our partnership with GRNE Solar aligned our complementary solutions with shared values and a focus on innovation and serving our customers," said Nelnet Renewable Energy President Scott Gubbels.
  • In addition to offering expert residential , commercial and small utility-scale installation services and greenfield development, Nelnet Renewable Energy, as part of Nelnet, Inc. (NYSE: NNI), is a leading solar tax equity investor .

Nelnet Awarded GSA Schedule to Expand Support for Government Agencies

Retrieved on: 
Wednesday, July 26, 2023
General Services Administration, Federal student loan consolidation, NNI, GSA, Bangladesh Administrative Service, MAS, Government, Public sector, Economy of the Federated States of Micronesia, NYSE, Education, Nelnet

As part of its strategic expansion efforts, Nelnet has secured a GSA Schedule with the General Services Administration (GSA), enabling the company to offer innovative solutions and expert team members to government agencies at fair and reasonable prices.

Key Points: 
  • As part of its strategic expansion efforts, Nelnet has secured a GSA Schedule with the General Services Administration (GSA), enabling the company to offer innovative solutions and expert team members to government agencies at fair and reasonable prices.
  • With decades of experience and a strong reputation for excellence, Nelnet is well-positioned to provide trusted and compliant support to federal, state, and local agencies.
  • Through its GSA Schedule, Nelnet aims to streamline processes, enhance government efficiency, and ensure the prompt delivery of services to help agencies achieve their goals more effectively.
  • "The GSA Schedule represents a significant milestone in Nelnet's growth strategy to serve better the needs of Federal, State, and Local Public Agencies," said Peter Sanderson, managing director and chief revenue officer of Nelnet Government Services .

Nelnet to Announce Second Quarter Results

Retrieved on: 
Thursday, July 13, 2023
NNI, NYSE, Rare-earth element, Private investigator

LINCOLN, Neb., July 13, 2023 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the second quarter ended June 30, 2023, after the close of the New York Stock Exchange on Monday, August 7, 2023.

Key Points: 
  • LINCOLN, Neb., July 13, 2023 /PRNewswire/ -- Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the second quarter ended June 30, 2023, after the close of the New York Stock Exchange on Monday, August 7, 2023.
  • Upon release, additional earnings information will be available at www.nelnetinvestors.com .