Nelnet Reschedules Release of Third Quarter Results
November 03 2016 - 4:41PM
PR Newswire (US)
LINCOLN, Neb., Nov. 3, 2016 /PRNewswire/ -- Nelnet,
Inc. (NYSE: NNI) today announced it has rescheduled the
release of earnings for the third quarter ended September
30, 2016 until after the close of the New York Stock
Exchange on Wednesday, November 9, 2016. Due to recent
accounting interpretations related to how borrower defaults should
be considered in determining the constant prepayment rate used by
the company to accrete its net student loan discount, Nelnet is
reviewing the recent information and the potential impact on these
financial reporting estimates.
Upon release of earnings on November
9, additional earnings information will be available at
www.nelnetinvestors.com.
Learn more about Nelnet at www.nelnet.com.
(code #: nnif)
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SOURCE Nelnet
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