LINCOLN, Neb. (AP) — LINCOLN, Neb. (AP) — Nelnet Inc. (NNI) on Thursday reported earnings of $82.6 million in its first quarter.

On a per-share basis, the Lincoln, Nebraska-based company said it had profit of $2.26. Earnings, adjusted for non-recurring costs, were $2.39 per share.

The education services company posted revenue of $523.6 million in the period. Its adjusted revenue was $398.5 million.

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