Lincoln (LINC) to Witness Solid Student Start Growth in Q1 [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
The company projects student start growth to improve by approximately 15% compared with 6.4% (excluding the transitional segment) in the first quarter of 2023. Scott Shaw, president and CEO of LINC, said, “Our expected strong start growth in Q1 builds on the momentum we generated during 2023, which led to increased student starts, student retention, graduation and placement rates with employers as well as the achievement of all of our financial guidance objectives during the year.” In 2023, new student starts increased 11.4% from 2022. Revenues increased 8.6% to $376.6 million, backed by a 10.3% rise in Campus Operations segment revenues. For 2024, the company expects revenues in the range of $410-$420 million, with starts growth between 7% and 12%. Adjusted EBITDA is likely to be $35-$40 million versus $26.5 million reported in 2023. Image Source: Zacks Investment Research Shares of this Zacks Rank #3 (Hold) company have surged 98.8% compared with the Zacks Schools industry
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LINC
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