Lincoln Educational Services

Lincoln Educational Services Corp. engages in the provision of a career-oriented post-secondary education to recent high school graduates and working adults. It operates through the following segments: Transportation and Skilled Trades, Healthcare and Other Professions, and Corporate. The Transportation and Skilled Trades segment offers academic programs mainly in the disciplines of transportation and skilled trades such as automotive, diesel, heating, ventilation, and air conditioning, welding, and manufacturing. The Healthcare and Other Professions segment provides academic programs in the disciplines of health sciences, hospitality and business, and information technology. The Corporate segment represents unallocated corporate activity. The company was founded in 1946 and is headquartered in Parsippany, NJ.

Earnings data Q1 2024

Lincoln Educational Services Reports Strong Q1 Performance and Expansion Plans

Lincoln Educational Services delivered strong financial results and outlined ambitious growth plans, emphasizing its alternative career-focused education approach. While facing challenges in student demand and operational aspects, the company is well-positioned to capitalize on the changing perception of traditional college degrees and its expansion initiatives.

Lincoln Educational Services reports robust Q2 results and outlines growth plans

Lincoln Educational Services' strong Q2 performance, debt-free status, and strategic growth initiatives position the company for continued success. The company's adaptability and innovation in its teaching model and program adjustments demonstrate a proactive approach to meeting evolving market demands. While expansion and maintaining quality pose challenges, the company's focus on efficiency, innovation, and growth initiatives presents significant opportunities for future success.

Lincoln Educational Services reports robust Q3 performance and outlines expansion plans

Lincoln Educational Services delivered strong financial results in Q3 2023, driven by revenue growth, student start expansion, and the success of its hybrid instructional platform. The company's strategic expansion plans and ability to adapt to market shifts position it well for future growth, despite potential regulatory challenges.

Lincoln Educational Services excels in 2023, sets ambitious targets for 2024

Lincoln Educational Services showcased robust financial performance, strong operational execution, and a clear growth strategy during the Q4 2023 earnings call. The company's focus on innovation, expansion, and student success bodes well for future performance and market positioning. LINC's guidance for 2024 reflects confidence in sustained growth and profitability.

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Lincoln Educational Services Corp. engages in the provision of a career-oriented post-secondary education to recent high school graduates and working adults. It operates through the following segments: Campus Operations and Transitional. The Campus Operations segment includes campuses that are continuing in operation and contribute to the company’s core operations and performance. The Transitional segment refers to businesses that are marked for closure and are currently being taught-out. The Corporate segment represents unallocated corporate activity. The company was founded in 1946 and is headquartered in Parsippany, NJ.

Parsippany, NJ, April 16, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has awarded a pair of scholarships to Automotive Service & Technology students training at the campus in Melrose Park, IL, a suburb of Chicago. The campus has been one of Lincoln Tech's longest-running schools, with a history of strong placement rates for graduates and close partnerships with area employers.

Lincoln Tech Awards Scholarships to Two Chicago-area Students

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Lincoln's (LINC) Campus Operations segment contribution bodes well.

Lincoln (LINC) to Witness Solid Student Start Growth in Q1

Reiterates Full year 2024 Outlook Company Hosting Investor Day Today Beginning at Noon ET PARSIPPANY, N.J., March 19, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), which is hosting its first Investor Day today at its new East Point campus in Georgia, expects to continue its strong business momentum during the first quarter ending March 31, 2024.

Lincoln Educational Services Projects Student Start Growth of Approximately 15% During First Quarter 2024

PARSIPPANY, N.J., March 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that J. Barry Morrow has notified the Company's Board of Directors of his decision not to stand for re-election at the Company's 2024 Annual Meeting of Shareholders. Mr. Morrow joined the Board in 2006 and currently serves as non-executive Chair of the Board.

Lincoln Educational Services Corporation Announces Barry Morrow's Retirement as Chair of the Board and Names John Bartholdson as Chair following the 2024 Annual Meeting of Shareholders

Parsippany, NJ, March 12, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it will host an Investor Day at its East Point, GA campus, on Tuesday, March 19, 2024, with presentations starting at 12:00 pm EDT.  A live webcast of the presentations along with a question-and-answer session with the Company's executive leaders and guests will focus on Lincoln's strategic priorities, growth initiatives and 2024 plan.

Lincoln Educational Services Hosting Investor Day on March 19th

Parsippany, NJ, March 11, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology, announced that Scott Shaw, President and Chief Executive Officer will be providing an overview of the Company, along with the recent progress and operating momentum, at the Sidoti Small Cap Conference. Mr. Shaw's presentation will be webcast on Thursday, March 14th beginning at 9:15am EDT.

Lincoln Educational Services to Highlight Recent Growth and Operating Momentum at the Sidoti Spring 2024 Small Cap Conference

Lincoln Educational Services Corporation (LINC) Q4 2023 Earnings Call Transcript

Conference Call Today at 10 a.m. ET PARSIPPANY, N.J.

Lincoln Educational Services Reports Results for Fourth Quarter and Full Year 2023

Parsippany, NJ, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it has entered into a $40 million revolving credit facility with Fifth Third Bank. The credit agreement, which has a term of 36 months and matures on February 16, 2027, is for an aggregate principal amount of $40 million, including a $10 million sublimit for letters of credit and an additional accordion option to upsize the credit facility by an additional $20 million upon satisfaction of certain terms and conditions. The proceeds may be used for working capital, general corporate purposes and to support the Company's strategic growth initiatives, including program and campus expansions.

Lincoln Educational Services Announces New $40 Million Revolving Credit Facility Increasing Capital Resource Flexibility

PARSIPPANY, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its fourth quarter and year-end financial results on Monday, February 26, 2024 at 10:00 a.m. Eastern time. A news release outlining Lincoln's results will be issued before 9:30 a.m. Eastern time on that day.

Lincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2023 Earnings Release and Conference Call

Parsippany, NJ, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has entered into a sale-leaseback agreement for the property located at 311 Veterans Highway, Levittown, PA. As previously reported, the Company purchased this 90,000 square foot facility in September 2023.

Lincoln Educational Services Completes the Sale-Leaseback of Newly Acquired Levittown, PA Facility

Parsippany, NJ, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced the appointment of an organizational leader to an important statewide labor initiative. Cory Hughes, President of Lincoln Tech's Columbia, MD campus, has been selected to join the Maryland Governor's Workforce Development Board (GWDB), thanks to his service to area students and employers since 1987.

Lincoln Tech Campus President Appointed to Maryland State Workforce Development Board

Lincoln Education Services has provided investors with a 220.82% return in the last five years. The company has an upward trending TTM top and bottom lines and aims to double its EBITDA by FY2025. LINC is implementing a new hybrid instructional platform and expanding its campuses, showing commitment to innovation and growth.

Lincoln Educational: Bridging The Career Gap With Hands-On Skills

Perdoceo Education

Investors looking for stocks in the Schools sector might want to consider either Perdoceo Education (PRDO) or Lincoln Educational Services Corporation (LINC). But which of these two stocks presents investors with the better value opportunity right now?

PRDO vs. LINC: Which Stock Is the Better Value Option?

Lincoln Educational Services Corporation (NASDAQ:LINC ) Q3 2023 Earnings Conference Call November 6, 2023 10:00 AM ET Company Participants Michael Polyviou - Investor Relations Scott Shaw - President and Chief Executive Officer Brian Meyers - Chief Financial Officer Conference Call Participants Steven Frankel - Rosenblatt Securities Eric Martinuzzi - Lake Street Capital Markets Raj Sharma - B. Riley Robert Puopolo - Epic Partners Operator Good day, and thank you for standing by.

Lincoln Educational Services Corporation (LINC) Q3 2023 Earnings Call Transcript

PARSIPPANY, N.J., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the third quarter as well as recent business developments.

Lincoln Educational Services Reports Continuing Growth in the Third Quarter with 10.5% Revenue Growth and a 7.1% Increase in Student Starts

Real estate deals advance Lincoln Educational Services' strategic growth initiatives for 2024 and beyond, expanding Southern presence and moving historic Nashville campus to a more modern facility. Real estate deals advance Lincoln Educational Services' strategic growth initiatives for 2024 and beyond, expanding Southern presence and moving historic Nashville campus to a more modern facility.

Lincoln Tech Announces Signing of Lease Agreements for Future Houston, TX Campus and New Location for Nashville, TN Campus

PARSIPPANY, N.J., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its third quarter financial results on Monday, November 6, 2023 at 10:00 a.m. Eastern time. A news release outlining Lincoln's results will be issued before 9:30 a.m. Eastern time on that day.

Lincoln Educational Services Corporation Schedules Third Quarter Earnings Release and Conference Call

Bright Horizons Family Solutions

Investors with an interest in Schools stocks have likely encountered both Lincoln Educational Services Corporation (LINC) and Bright Horizons Family Solutions (BFAM). But which of these two companies is the best option for those looking for undervalued stocks?

LINC vs. BFAM: Which Stock Is the Better Value Option?

Lincoln Educational Services Corporation (LINC) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Lincoln Educational Services Corporation (LINC) Is a Great Choice for 'Trend' Investors, Here's Why

The new larger facility will provide three new career training programs – Welding Technology, HVAC and Electrical and Electronic Systems Technology (EEST) – in addition to the Automotive Technology program offered at the current Philadelphia campus. The new larger facility will provide three new career training programs – Welding Technology, HVAC and Electrical and Electronic Systems Technology (EEST) – in addition to the Automotive Technology program offered at the current Philadelphia campus.

Lincoln Educational Services Advances Plans to Relocate its Philadelphia Campus to Levittown, PA and Expand its Program Offerings

Investors interested in stocks from the Schools sector have probably already heard of Lincoln Educational Services Corporation (LINC) and Bright Horizons Family Solutions (BFAM). But which of these two stocks presents investors with the better value opportunity right now?

LINC or BFAM: Which Is the Better Value Stock Right Now?

If you are looking for stocks that are well positioned to maintain their recent uptrend, Lincoln Educational Services Corporation (LINC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why Momentum in Lincoln Educational Services Corporation (LINC) Should Keep going

Parsippany, NJ, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology, announced that Scott Shaw, President and Chief Executive Officer will be providing an overview of the Company, along with the recent progress and operating momentum, at the Sidoti Virtual Investor Conference.

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