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Stock impact report

Lincoln Educational Services Corp (LINC) Reports Solid Financial Results for Q4 and Full Year 2023 [Yahoo! Finance]

Lincoln Educational Services Corporation (LINC) 
Last lincoln educational services corporation earnings: 2/26 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Net Income : Q4 net income was $6.8 million; full-year net income totaled $26 million. Adjusted EBITDA : Q4 Adjusted EBITDA rose to $15.7 million; full-year Adjusted EBITDA was $26.5 million. Student Population : Average enrollment grew to 13,983, reflecting a strong demand for skilled trades education. Financial Position : Ended the year with $80.3 million in cash and cash equivalents, with no debt. 2024 Guidance : Revenue projected between $410 million and $420 million, with Adjusted EBITDA between $35 million and $40 million. Expansion Plans : New campus openings and relocations in Georgia, Texas, Tennessee, and Pennsylvania. Warning! GuruFocus has detected 6 Warning Sign with LINC. On February 26, 2024, Lincoln Educational Services Corp ( NASDAQ:LINC ) released its 8-K filing , detailing the financial and operational highlights for the fourth quarter and full year ended December 31, 2023. The company, a leading provider of diversified career-oriented post-secondary Show less Read more
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