Lincoln Educational Services Expands Credit Facility to Support Growth Initiatives
Lincoln Educational Services Corporation (LINC)
Last lincoln educational services corporation earnings: 2/26 08:00 am
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US:NASDAQ Investor Relations:
investors.lincolneducationalservices.com/investor-overview
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Source: GlobeNewswire
PARSIPPANY, N.J., March 11, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced an amendment to its secured credit agreement with Fifth Third Bank, National Association, increasing the aggregate principal borrowing amount from $40 million to $60 million. This increase enhances the Company’s financial flexibility, and the additional liquidity enables the Company to execute its growth initiatives to meet its long-term operating objectives. Furthermore, the maturity date has been extended through March 7, 2028. Additionally, the accordion feature of the agreement has been expanded from $20 million to $25 million, further strengthening the Company's ability to pursue growth opportunities. "We curr
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LINC
News
- Lincoln Educational Services Co. (NASDAQ: LINC) is now covered by analysts at B. Riley. They set a "buy" rating and a $23.00 price target on the stock.MarketBeat
- Lincoln Educational Services Co. (NASDAQ: LINC) had its "outperform" rating re-affirmed by analysts at Barrington Research. They now have a $22.00 price target on the stock.MarketBeat
- https://seekingalpha.com/article/4766279-lincoln-educational-services-let-your-winners-run [Seeking Alpha]Seeking Alpha
- Lincoln Educational Services Co. (NASDAQ: LINC) had its price target raised by analysts at Rosenblatt Securities from $20.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- Lincoln Educational Services Reports Strong Results for Fourth Quarter and Full Year 2024; Provides Outlook for Continued Strong Growth in 2025 [Yahoo! Finance]Yahoo! Finance
LINC
Earnings
- 2/24/25 - Miss
LINC
Sec Filings
- 3/17/25 - Form 4/A
- 3/17/25 - Form 4
- 3/12/25 - Form 4
- LINC's page on the SEC website