Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts for the Third Quarter 2024 and Raises 2024 Outlook
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., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the third quarter ended September 30, 2024, as well as recent business developments. Third Quarter 2024 Financial Highlights & Recent Operating Developments* Revenue increased by 15.0% to $114.4 millionStudent starts grew by 21.1%; quarter-end student population rose by 13.3%Net income of $4.0 million and adjusted EBITDA of $10.2 millionTotal liquidity in excess of $90 million, no debt outstandingRecently opened East Point, Georgia campus outperforming first-year operating planRaised 2024 financial guidance *Note: The highlighted financial results exclude the Transitional segment results of the prior year. A reconciliation of GAAP / non-GAAP measures is included in this release. “Lincoln’s third quarter performance illustrates how well our team is serving America’s growing interest in educational alternatives to a traditi
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News
- Lincoln Educational Services to Meet Analysts and Institutional Investors at the Southwest IDEAS Investor ConferenceGlobeNewswire
- Lincoln Educational Services Corp (LINC) Q3 2024 Earnings Call Highlights: Strong Revenue ... [Yahoo! Finance]Yahoo! Finance
- Surging Earnings Estimates Signal Upside for Lincoln Educational Services (LINC) Stock [Yahoo! Finance]Yahoo! Finance
- Here's Why Momentum in Lincoln Educational Services (LINC) Should Keep going [Yahoo! Finance]Yahoo! Finance
- Institutional investors control 56% of Lincoln Educational Services Corporation (NASDAQ:LINC) and were rewarded last week after stock increased 25% [Yahoo! Finance]Yahoo! Finance
LINC
Earnings
- 11/11/24 - Miss
LINC
Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 144
- 11/18/24 - Form 144
- LINC's page on the SEC website