NELNET INC : Results of Operations and Financial Condition (form 8-K)
November 08, 2021 at 05:07 pm EST
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Item 2.02 Results of Operations and Financial Condition.
On November 8, 2021, Nelnet, Inc. (the "Company") issued a press release with
respect to its financial results for the quarter ended September 30, 2021. A
copy of the press release is furnished as Exhibit 99.1 to this report. In
addition, a copy of the supplemental financial information for the quarter ended
September 30, 2021, which was made available on the Company's website at
www.nelnetinvestors.com on November 8, 2021 in connection with the press
release, is furnished as Exhibit 99.2 to this report.
The above information and Exhibits 99.1 and 99.2 shall not be deemed filed for
purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange
Act"), nor shall such information and Exhibits be deemed incorporated by
reference in any filing under the Securities Act of 1933 or the Exchange Act,
except as shall be expressly set forth by specific reference in such a filing.
In addition, information on the Company's website is not incorporated by
reference into this report and should not be considered part of this report.
Certain statements contained in the exhibits furnished with this report may be
considered forward looking in nature and are subject to various risks,
uncertainties, and assumptions. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove incorrect, the
Company's actual results may vary materially from those anticipated, estimated,
or expected. Among the key risks and uncertainties that may have a direct
bearing on the Company's future operating results, performance, or financial
condition expressed or implied by the forward-looking statements are the matters
discussed in the Risk Factors section of the Company's Annual Report on Form
10-K for the year ended December 31, 2020 filed with the SEC on February 25,
2021. Although the Company may from time to time voluntarily update its prior
forward-looking statements, it disclaims any commitment to do so except as
required by securities laws.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are furnished as part of this report:
Exhibit
No. Description
Press Release dated November 8, 2021 - "Nelnet Reports Third Quarter 2021
99.1 Results"
99.2 Supplemental Financial Information for the Quarter Ended September 30, 2021
Cover Page Interactive Data File (formatted as Inline XBRL and included as
104 Exhibit 101).
Nelnet, Inc. operates businesses that are engaged in loan servicing and education technology services and payments. The Company's segments include Loan Servicing and Systems (LSS), Education Technology Services and Payments (ETSP), Asset Generation and Management (AGM), and Nelnet Bank. The LSS segment is focused on student and consumer loan servicing, loan servicing-related technology solutions and outsourcing business services. This segment includes the brands Nelnet Diversified Solutions, Nelnet Government Services and others. The ETSP segment provides education and payment technology and services for K-12 schools, higher education institutions, churches, and businesses in the United States and internationally. The AGM segment includes the acquisition and management of student and other loan assets, including investment interests therein. The Nelnet Bank includes an Internet Utah-chartered industrial bank focused on the private education and unsecured consumer loan markets.
NELNET, INC. 
