
$NAVI 📲 #DePIN The Future of Infrastructure A true DePIN it’s a game-changing system that solves real-world problems and creates new possibilities that don’t exist in a monolithic system: 🔹 Real-time traffic updates: from traffic jams and accidents to road closures and more, processing 100x more data than any other navigation app. 🔹 Predictive analytics for smarter autonomous vehicles. 🔹 Smart city planning and efficient maintenance. 🔹 Huge rewards! 🚙 Together, we're shaping the future of mobility, one mile at a time, one city at a time. Build the future with us! 📲 #NAVI #DePIN
$NAVI Navient: Phase 1 of turnaround to focus on cost reductions, capital allocation Says Phase 2 update in 2H to focus on growth initiatives, cost of equity/valuation, and additional cost reductions. Comments taken from Q4 earnings conference call presentation slides.
$NAVI Navient reports Q4 core EPS (24c), consensus 22c GAAP and Core Earnings results included a net reduction to pre-tax income of $68M, or 49c diluted loss per share, comprised of: A loss of $28M resulting from the classification of our government services business as held for sale. $32M of Private Education Loan provision for loan losses in connection with a general reserve build and lowering the expected recovery rate on defaulted loans. $8M of regulatory-related and restructuring expenses. "A year ago, we announced three ambitious strategic actions-outsourcing servicing, divesting our business processing businesses, a non-strategic asset, and a more cost efficient and streamlined structure," said David Yowan, president and CEO, Navient. "We are pleased to say that we achieved our 2024 objectives against an aggressive timeline. These actions provide clear line of sight to our expense reduction targets, deliver value and position us for the future. We accomplished these steps while at the same time achieved strong loan origination growth, with full year 2024 refi originations 60% higher than last year."
Wallet addresses by amount held in USD
Traders are addresses that have been holding for less than one month; holders are addresses that have been holding for longer than one year.
Whales are wallet addresses holding over 1% of the circulating supply.
Wallet addresses by amount held in USD
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