💨 Abstract

Navient Corp., a student loan servicing company, reported a loss of $2 million in its first quarter of 2025, resulting in a loss of 2 cents per share. However, the adjusted earnings of 28 cents per share surpassed Wall Street expectations. Revenue totaled $828 million, with adjusted revenue at $144 million, both figures also exceeding analysts' forecasts.

Courtesy: wtop.com

Summarized by Einstein Beta 🤖