Lincoln Educational Services Corporation (LINC) reported mixed results for third-quarter 2024. Its earnings missed the Zacks Consensus Estimate, but revenues topped the same.Nonetheless, both metrics increased year over year, driven by a 10.6% increase in the average student population. This uptick resulted from four consecutive quarters of double-digit start growth and the recently opened East Point, GA campus, which generated $3.4 million in revenues in the third quarter.Stay up-to-date with all quarterly ...

Exhibit 99.1 Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts for the Third Quarter 2024 and Raises 2024 Outlook Conference Call Today at 10 a.m. Eastern Standard Time PARSIPPANY, N.J., November 11, 2024 – 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* • ...

Lincoln Educational Services Corporation (NASDAQ:LINC) Q3 2024 Earnings Call Transcript November 11, 2024 10:00 AM ET Company Participants Michael Polyviou - IR Scott Shaw - President and CEO Brian Meyers - CFO Conference Call Participants Alex Paris - Barrington Research Eric Martinuzzi - Lake Street Capital Markets Steven Frankel - Rosenblatt Securities Raj Sharma - B. Riley Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2024 Lincoln Educational Services Earnings Conference ...

Lincoln Educational Services Corporation (LINC) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.14%. A quarter ago, it was expected that this company would post a loss of $0.01 per share when it actually produced earnings of $0.06, delivering a surprise of 700%.Over the last four q ...

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 liquidi ...

PARSIPPANY, NJ – November 7, 2024, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced that its partnership with Johnson Controls has resulted in more than 500 job placements for skilled building trade graduates since 2018. At a recent series of recruiting events, more than 100 Lincoln Tech students received job offers from Johnson Controls, the global leader in smart, healthy and ...

Lincoln Educational Services Corporation (LINC) shares rallied 9.1% in the last trading session to close at $15.09. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.4% gain over the past four weeks.This leading education stock gained on the expectations that some of the regulatory pressure on the industry will be eased after President-elect Donald Trump begins his term in January 2025.This company is expect ...

Parsippany, NJ, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced that two members of its Board of Directors have been named to Board Prospect Magazine’s annual list of Top 100 Latino Board Members. Anna Cabral and Marta Newhart were named to Board Prospect’s list, which is compiled each year in honor of Hispanic Heritage Month. “We’re proud to have two of our Directors named to ...

Parsippany, NJ, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has been recognized by Newsweek for its annual list of America's Greatest Workplaces. This marks the second consecutive year Lincoln has received the award, based on a review of both the corporate headquarters in Parsippany, NJ and its campuses across the country. "At Lincoln Educational Services, we know the value of developin ...

PARSIPPANY, N.J., Oct. 29, 2024 (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 11, 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. To access the live webcast of the conference call, please go to the investor relations section of Lincoln's website at http://www.linco ...