Navient Corporation reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported net income was USD 24 million compared to net loss of USD 28 million a year ago. Basic earnings per share from continuing operations was USD 0.23 compared to basic loss per share from continuing operations of USD 0.25 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to diluted loss per share from continuing operations of USD 0.25 a year ago. For the full year, net income was USD 131 million compared to USD 228 million a year ago. Basic earnings per share from continuing operations was USD 1.2 compared to USD 1.87 a year ago. Diluted earnings per share from continuing operations was USD 1.18 compared to USD 1.85 a year ago.
Navient is a Delaware-based fintech platform that offers solutions such as education financing, and asset recovery for individuals and sectors including healthcare and public.