Lincoln Educational Services Reports Results for Fourth Quarter and Full Year 2023 [Yahoo! Finance]
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: Yahoo! Finance
PARSIPPANY, N.J., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the fourth quarter and full year ended December 31, 2023, as well as recent business developments. Fourth Quarter 2023 Financial Highlights* Revenue grew 13.6% to $102.5 million New student starts increased 16.0% Adjusted EBITDA of $15.7 million Adjusted net income of $10.0 million Earnings per share of $0.23 Cashflow from operations of $21.9 million Full Year 2023 Financial and Operational Highlights* Revenue grew 10.3% to $376.6 million New student starts increased 11.4% Adjusted EBITDA of $26.5 million Adjusted net income of $14.8 million Earnings per share of $0.86 Total liquidity of $80.3 million; no debt outstanding Ended year with student population of 13,270, 8.8% higher than 2022 Exceeded all guidance metrics for 2023 Recent Developments Entered into new credit facility with Fifth T
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News
- We Think The Compensation For Lincoln Educational Services Corporation's (NASDAQ:LINC) CEO Looks About Right [Yahoo! Finance]Yahoo! Finance
- Lincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call [Yahoo! Finance]Yahoo! Finance
- Lincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference CallGlobeNewswire
- Maryland CareerQuest Connects Area Students with Training and Education Opportunities for Hands-On Careers [Yahoo! Finance]Yahoo! Finance
- Maryland CareerQuest Connects Area Students with Training and Education Opportunities for Hands-On CareersGlobeNewswire
LINC
Earnings
- 2/26/24 - Miss
LINC
Sec Filings
- 4/3/24 - Form DEF
- 3/19/24 - Form 8-K
- 3/15/24 - Form 8-K
- LINC's page on the SEC website