NNI

Nelnet Board Approves Dividend

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星期四, 一月 27, 2022
NNI, NYSE, Holding company

LINCOLN, Neb., Jan. 27, 2022 /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 $0.24 per share.

Key Points: 
  • LINCOLN, Neb., Jan. 27, 2022 /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 $0.24 per share.
  • The dividend will be paid on Tuesday, March 15, 2022, to shareholders of record at the close of business on Tuesday, March 1, 2022.

Nelnet to Announce Fourth Quarter and Year-End Results

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星期四, 一月 20, 2022
NYSE, NNI, Amusement arcade, Private investigator

LINCOLN, Neb., Jan. 20, 2022 /PRNewswire/ --Nelnet, Inc.(NYSE: NNI) today announced it will release earnings for the fourth quarterand year endedDecember 31, 2021, after the close of theNew York Stock ExchangeonMonday, February 28, 2022.

Key Points: 
  • LINCOLN, Neb., Jan. 20, 2022 /PRNewswire/ --Nelnet, Inc.(NYSE: NNI) today announced it will release earnings for the fourth quarterand year endedDecember 31, 2021, after the close of theNew York Stock ExchangeonMonday, February 28, 2022.
  • Upon release, additional earnings information will be available at www.nelnetinvestors.com .

Nelnet Diversified Services Maintains Effective Security Controls, According to Recent SOC 2(SM) Report

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星期三, 十二月 8, 2021
BARR, NYSE, Risk, Technology, System and Organization Controls, API, Omsk Institute of Consumer Service Technology, Confidentiality, Velocity, Software, Freedom, NDS, SOC, Pressure, Industry, NNI, Nelnet, Health, Government, Achievement, Compliance, Software as a service, Audit

The resulting report confirms that NDS maintained effective controls over security, availability, and processing integrity of its Velocity system.

Key Points: 
  • The resulting report confirms that NDS maintained effective controls over security, availability, and processing integrity of its Velocity system.
  • A SOC 2SM report is designed to provide assurances about the effectiveness of controls related to security, availability, and processing integrity.
  • Our SOC 2SM report further proves Velocity's industry-leading privacy, confidentiality, processing integrity, availability, and security capabilities."
  • About Nelnet and Nelnet Diversified Services:A diverse company headquartered in Lincoln, Nebraska, Nelnet, Inc. (NYSE: NNI) is a technology company, idea incubator, start-up accelerator, and education expert.

Nelnet Reports Third Quarter 2021 Results

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星期一, 十一月 8, 2021
Mission statement, Federal Family Education Loan Program, Contract, Government, Educational technology, Security (finance), Department, HP EliteBook, Income, Growth, Investment, COVID-19, Coronavirus, Loan servicing, Great Lakes, U.S. Department of Commerce Office of Security, Risk, Sale, NNI, Travel, AGM, Risk management, U.S. Securities and Exchange Commission, Environment, Disclosure, LIBOR, GAAP, Forest Law Enforcement and Governance Program, NYSE, Program, Budget, Consumer, Payment, Economy, Wells Fargo, Lithium, Real estate, Insurance, Bank, Tutoring

"Nelnet's core businesses delivered solid operating results in the third quarter," said Jeff Noordhoek, Chief Executive Officer of Nelnet.

Key Points: 
  • "Nelnet's core businesses delivered solid operating results in the third quarter," said Jeff Noordhoek, Chief Executive Officer of Nelnet.
  • On November 2, 2020, Nelnet Bank launched operations and its financial results are presented by the company as a reportable segment.
  • The company recognized expense from derivative settlements of $5.9 million and $2.4 million during the third quarter of 2021 and 2020, respectively.
  • Net interest income less derivative settlements was $77.2 million in the third quarter of 2021, compared with $77.8 million in the third quarter of 2020.

Northern Rivers Family of Services Supports Their Mission and Finds Savings by Partnering with Nelnet Renewable Energy for Community Solar

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星期四, 十一月 4, 2021
Organization, School, NYSE, Partnership, NNI, Acquisition, Telecommunication, Environment, Multimedia, Community, Nelnet, Renewable energy

ALBANY, N.Y., Nov. 4, 2021 /PRNewswire/ -- Nelnet Renewable Energy today announced Northern Rivers Family of Services ("Northern Rivers") as a partner and anchor tenant for community solar in upstate New York.

Key Points: 
  • ALBANY, N.Y., Nov. 4, 2021 /PRNewswire/ -- Nelnet Renewable Energy today announced Northern Rivers Family of Services ("Northern Rivers") as a partner and anchor tenant for community solar in upstate New York.
  • Northern Rivers leadership saw community solar as an appealing solution because it reflects the spirit of collaboration and action of the member agencies that comprise Northern Rivers.
  • By subscribing to New York community solar with Nelnet Renewable Energy, Northern Rivers receives solar credits that reduce their monthly utility bill, saving them up to 10%1 on their monthly energy costs.
  • As an early adopter of community solar, Northern Rivers hopes to set an example for others in the community and Nelnet Renewable Energy is excited about working with Northern Rivers to help educate others about the sustainability and cost savings benefits of community solar.

DE-CIX Dallas Welcomes Gigabit Communications’ Network

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星期二, 十一月 2, 2021
Data Management, Technology, Other Technology, Telecommunications, Mobile, Wireless, Networks, Internet, Microsoft, Internet service provider, United Arab Emirates Internet Exchange, Amazon, German Commercial Register, Google, General manager, TBPS, NNI, Internet exchange point, VP, Terabit, LLC, Internet, DE, DE-CIX, Solution, Network interface, RGV, SLA, IX, Gigabit Communications, DE-CIX, GIGABIT COMMUNICATIONS, DE-CIX

By establishing a Layer 2 Network to Network Interface (NNI) connection with DE-CIX Dallas, Gigabits network can now deliver seamless connectivity to the largest carrier and data center neutral IX operating in Texas, ranking among the top 15 IXs in the United States.

Key Points: 
  • By establishing a Layer 2 Network to Network Interface (NNI) connection with DE-CIX Dallas, Gigabits network can now deliver seamless connectivity to the largest carrier and data center neutral IX operating in Texas, ranking among the top 15 IXs in the United States.
  • By joining the DE-CIX Transport Partner Program , Gigabit adds DE-CIX Dallas as a destination on its network to deliver private connectivity to DE-CIXs industry-leading multi-service interconnection platform.
  • DE-CIX Dallas welcomes Gigabit Communications and its extensive network reach as a Transport Partner, now enabling network operators throughout the South Texas market to readily access a major peering exchange, comments Ed dAgostino, VP and General Manager of DE-CIX North America.
  • The multi-service interconnection platform is accessible from over 40 neutral data center and colocation facilities throughout the market, with extended access from network operators, including Gigabit Communications.

Currax Pharmaceuticals Announces the Appointment of Ed Cinca to Senior Vice President, Global Marketing and Strategic Alliance Management

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星期二, 十月 26, 2021
Steps, Death, Sumatriptan, SVP, Disease, Industry, Association, Obesity, Patient, New, Lehigh University, NNI, Capital punishment, Senior, LLC, Company, CEO, Novo Nordisk, Prevalence, Doxepin, Fordham University, Management, Pharmaceutical industry

Ed will also oversee the Company's global partnerships and strategic alliances.

Key Points: 
  • Ed will also oversee the Company's global partnerships and strategic alliances.
  • "Currax is committed to this challenge and having Ed join our executive team increases our ability to support patients with obesity.
  • He previously held the roles of Vice President, Sales Execution and Operations, as well as Senior Brand Director of Saxenda at NNI.
  • Ed earned an MBA in Marketing and Finance from Fordham University and a Bachelor of Science in Finance from Lehigh University.

Nelnet to Announce Third Quarter Results

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星期三, 十月 13, 2021
NYSE, NNI, Animal, Private investigator

LINCOLN, Neb., Oct. 13, 2021 /PRNewswire/ -- Nelnet, Inc.(NYSE: NNI) today announced it will release earnings for the third quarterendedSeptember 30, 2021, after the close of theNew York Stock ExchangeonMonday, November 8, 2021.

Key Points: 
  • LINCOLN, Neb., Oct. 13, 2021 /PRNewswire/ -- Nelnet, Inc.(NYSE: NNI) today announced it will release earnings for the third quarterendedSeptember 30, 2021, after the close of theNew York Stock ExchangeonMonday, November 8, 2021.
  • Upon release, additional earnings information will be available at www.nelnetinvestors.com .

Ripple and Nelnet Announce $44 Million Clean Energy Fund for a More Sustainable Future

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星期一, 十月 11, 2021
Crypto, XRP, Social impact, Investment, ESG, NNI, SAN, Carbon, Rocky, Rocky Mountains, Blockchain, HQ, Industry, Telecommunication, U.S. Department of Energy, Office of Inspector General, S&P Global, Adoption, U.S. Department of Defense Strategy for Operating in Cyberspace, CO2, Ripple (payment protocol), IOV, NYSE, Partnership, Solar energy, Risk, Ripple, Technology, Internet, Gasoline, Renewable energy, Cryptocurrency

The joint investment, majority funded by Ripple, will fund solar energy projects throughout the U.S. in support of the transition to a cleaner and more stable energy future.

Key Points: 
  • The joint investment, majority funded by Ripple, will fund solar energy projects throughout the U.S. in support of the transition to a cleaner and more stable energy future.
  • "Guaranteeing a clean energy future is a major priority across every industry, not only to drive future economic growth but also to ensure a more sustainable world.
  • Nelnet and its co-investors are proud of their part in transitioning the country to cleaner and more reliable energy sources.
  • The solar projects financed by the Ripple Nelnet Renewable Energy Fund are estimated to offset over 1.5 million tons of carbon dioxide over 35 years, which is the equivalent amount of CO2 emissions from consuming 154 million gallons of gasoline.

Nelnet Reports Second Quarter 2021 Results

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星期四, 八月 5, 2021
Federal Family Education Loan Program, Program, Forest Law Enforcement and Governance Program, Investment, U.S. Securities and Exchange Commission, Economy, NNI, Federal Deposit Insurance Corporation, Educational technology, Technology, AGM, HP EliteBook, Government, Omnibus spending bill, Internet, Mission statement, Consumer, Contract, Coronavirus, Financial institution, Loan servicing, COVID-19, Utah Department of Corrections, Budget, Department, Payment, Environment, Sale, Culture, K–12, Risk, CD2, New York Stock Exchange, Consolidated Appropriations Act, 2021, Income, Libor, Disclosure, Risk management, GAAP, Acquisition, Security (finance), Animal, Lithium, Bank, Tutoring

"Nelnet delivered strong results across our core business segments," said Jeff Noordhoek, Chief Executive Officer of Nelnet.

Key Points: 
  • "Nelnet delivered strong results across our core business segments," said Jeff Noordhoek, Chief Executive Officer of Nelnet.
  • The company recognized expense from derivative settlements of $5.4 million during the second quarter of 2021, compared with income of $5.8 million for the same period in 2020.
  • Net interest income and derivative settlements increased to a net of $75.9 million in the second quarter of 2021, up from a total of $71.9 million in the second quarter of 2020, due to an increase in core loan spread.
  • Core loan spread was positively impacted in the second quarter of 2021 by lower interest rates.