Lincoln Educational Services Reports Strong Results for Fourth Quarter and Full Year 2024; Provides Outlook for Continued Strong Growth in 2025 [Yahoo! Finance]

Lincoln Educational Services Corporation (LINC)
Last lincoln educational services corporation earnings: 2/26 08:00 am
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investors.lincolneducationalservices.com/investor-overview
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Source: Yahoo! Finance
Corporation (Nasdaq: LINC) today announced financial and operating results for the fourth quarter and fiscal year ended December 31, 2024, as well as recent business developments. Fourth Quarter 2024 Financial Highlights Revenue increased by 16.4% to $119.4 million Student starts grew by 9.6%; quarter-end student population rose by 14.1% Net income of $6.8 million and adjusted EBITDA of $19.2 million Total liquidity of nearly $100 million, no debt outstanding Cashflow from operations of $30.3 million Full Year 2024 Financial and Operational Highlights Achieved or surpassed fiscal year 2024 guidance ranges for all key financial metrics Revenue increased 16.4% to $440.1 million Student starts grew by 15.2% Net income of $9.9 million
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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
- Lincoln Educational Services Expands Credit Facility to Support Growth InitiativesGlobeNewswire
- 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
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