Sallie Mae Reports About $375 Million in Revenue, $0.19 Per-Share Loss

Sallie Mae reported about $375 million in revenue and a GAAP diluted loss of $0.19 per common share in its Oct. 22 earnings release, giving a snapshot of its financial performance. Net interest income was $339 million, while noninterest income was $36 million. Those rounded figures support a revenue total of roughly $375 million. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost