LINC - Earnings announcements

Parsippany, NJ, June 02, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC), a national leader in specialized technical training for 80 years, today announced that Scott Shaw, President and CEO, and Brian Meyers, Chief Financial Officer, will be participating at three investor conferences in June, further reflecting the rising interest level of institutional investors seeking to learn more about the Company and the growth drivers that are generating increased shareholder valuation. Rosenblatt Annual Technology Summit Conference – June 9 (virtual)East Coast IDEAS Conference – June 10 (in-person NYC)Northland Growth Conference – June 23 (virtual)

Conference Call Today, at 10:00 a.m. Eastern Standard Time PARSIPPANY, N.J., May 11, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today reported continued financial and operating momentum during the first quarter ended March 31, 2026, as well as recent business developments. First Quarter 2026 Financial and Operational Highlights(Quarter ended March 31, 2026, compared to quarter ended March 31, 2025, unless otherwise noted) Revenue increased 22.5% to $144.0 million from $117.5 millionNet income more than doubled to $4.4 million, or $0.14 per share, compared to $1.9 million, or $0.06 per shareAdjusted EBITDA1 increased 85% to $15.5 million from $8.4 mil

Parsippany, N.J., May 05, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC), a national leader in specialized technical training for 80 years, today announced that Scott Shaw, President and CEO, and Brian Meyers, Chief Financial Officer, will be attending several investor conferences in May, demonstrating heightened interest from institutional investors, and further highlighting the continued business momentum and growth drivers generating increased shareholder valuation. Needham Technology, Media, & Consumer Conference - May 12-14LD Micro Invitational Conference – May 17-19B Riley Institutional Investor Conference – May 20-21 Note: Investors

PARSIPPANY, N.J., April 17, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its first quarter financial results on Monday, May 11, 2026 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.lincolntech.edu. Participants may also register via teleconference at: Q1 2026 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be provided

PARSIPPANY, N.J., April 15, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced that it has entered into an amended and restated revolving credit facility with Fifth Third Bank, National Association, as lender and as administrative agent, joint lead arranger, joint bookrunner, and Flagstar Bank, N.A., Provident Bank, and Santander Bank, N.A., as lenders and as joint lead arrangers and joint bookrunners. The credit facility, which amends and restates the Company's prior credit facility with Fifth Third Bank, increases the aggregate principal amount from $60 million to $125 million, with a $10 million letter of credit sublimit and a $25 million acc

Company Provides Five Year Outlook for Financial Performance Live Video Webcast of Investor Day Presentations Begins at 11:00 a.m. ET PARSIPPANY, N.J., March 19, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) is hosting its 2026 Investor Day at 11:00am ET today at its Nashville, TN campus, and via a live video webcast. Scott Shaw, CEO and President and other members of senior management will review the Company's strategic priorities, growth initiatives and financial performance objectives through 2030. "Our first quarter momentum is demonstrating the same positive student start trends we have experienced over the previous 13 quarters, and we now anticipa

Parsippany, NJ, March 17, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced that it will be participating at the Roth Annual Growth Conference, being held March 22-24 in Laguna Niguel, CA. Scott Shaw, President and CEO, along with Brian Meyers, Chief Financial Officer, will be meeting growth-oriented institutional investors to provide an overview of the Company, recent success and growth initiatives over the next few years. Investors should reach out to their Roth sales representatives or contact mpolyviou@evcgroup.com to schedule a one-on-one meeting. "Our recent operating and financial success reflects the high demand for skilled workers

PARSIPPANY, NJ, March 12, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced that it will host an Investor Day conference at its new Nashville, TN campus, on Thursday, March 19, 2026, with presentations starting at 10:00 am CT (11am ET).  A video webcast of the presentations, along with a question-and-answer session with the Company's executive leaders and guests, will be livestreamed and will focus on Lincoln's strategic priorities and growth initiatives over the next five years, through 2030. To access the video webcast of the Investor Day, participants are requested to register in advance, or at a minimum, 15 minutes before the start of

Conference Call Today, at 10:00 a.m. Eastern Time Investor Day Scheduled for March 19, 2026, at the new Nashville, TN campus PARSIPPANY, N.J., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced financial and operating results for the fourth quarter and fiscal year ended December 31, 2025, as well as recent business developments. Fourth Quarter 2025 Financial and Operational Highlights Revenue of $142.9 million, increased $23.5 million, or 19.7%; 21.4% excluding the Transitional segmentNet income increased to $12.7 million, or $0.40 per share, compared to $6.8 million, or $0.22 per share last yearAdjusted EBITDA of $2

PARSIPPANY, N.J., Feb. 17, 2026 (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 23, 2026 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.lincolntech.edu. Participants may also register via teleconference at: Q4 2025 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participant

Conference Call Today at 10:00 a.m. Eastern Standard Time Investor Day Scheduled for March 19, 2026, at the new Nashville, TN Campus PARSIPPANY, N.J., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced financial and operating results for the third quarter ended September 30, 2025, as well as recent business developments. Third Quarter Financial and Operational Highlights(Quarter ended September 30, 2025, compared to the quarter ended September 30, 2024, unless otherwise noted) Financial Performance Revenue increased $27.0 million, or 23.6% to $141.4 million, or 25.4% excluding the Transitional segmentNet income of $3.8 million, or

PARSIPPANY, N.J., Oct. 27, 2025 (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 10, 2025 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.lincolntech.edu. Participants may also register via teleconference at: Q3 2025 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be prov

Parsippany, NJ, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC), a national leader in specialized technical training for more than 75 years, today announced that Scott Shaw, President and CEO, and Brian Meyers, Chief Financial Officer, will be attending several investor conferences in the coming weeks, highlighting the continued business momentum and growth drivers generating increased shareholder valuation. August 27th - Midwest IDEAS Conference, being held in Chicago.September 10th - B. Riley Securities Consumer & TMT Conference, being held in NYC.September 11th - Lake Street Capital Markets Best Ideas Growth Conference (BIG9), being held in

PARSIPPANY, N.J., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced financial and operating results for the second quarter ended June 30, 2025, as well as recent business developments. Second Quarter 2025 Financial and Operational Highlights(Quarter ended June 30, 2025, compared to June 30, 2024, unless otherwise noted) Financial Performance Revenue of $116.5 million, an increase of 13.2%, 15.1% excluding the Transitional segmentAdjusted EBITDA of $10.5 million, an increase of 68.4%Net income of $1.6 million, compared to $0.7 million net lossBased on strong first half performance and favorable operating trends, guidance for 2025 ha

PARSIPPANY, N.J., July 31, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its second quarter financial results on Monday, August 11, 2025 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.lincolntech.edu. Participants may also register via teleconference at: Q2 2025 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be provi

PARSIPPANY, N.J., July 29, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its second quarter financial results on Monday, August 11, 2025 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.lincolntech.edu. Participants may also register via teleconference at: Q2 2025 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be provi

PARSIPPANY, N.J., May 12, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced financial and operating results for the first quarter ended March 31, 2025, as well as recent business developments. First Quarter 2025 Financial and Operational Highlights Revenue increased by 13.7% to $117.5 millionStudent starts grew by 16.2%, starts increased 20.9% excluding the Transitional segmentQuarter-end student population rose by 15.2%, or 18.3% excluding the Transitional segmentAdjusted EBITDA of $10.6 million, compared to $6.5 millionNet income of $1.9 million, compared to $0.2 million net lossOperating leverage gains across instructional and marketing ex

PARSIPPANY, N.J., April 21, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its first quarter financial results on Monday, May 12, 2025 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.lincolntech.edu. Participants may also register via teleconference at: Q1 2025 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be provided

PARSIPPANY, N.J., March 11, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced an amendment to its secured credit agreement with Fifth Third Bank, National Association, increasing the aggregate principal borrowing amount from $40 million to $60 million. This increase enhances the Company's financial flexibility, and the additional liquidity enables the Company to execute its growth initiatives to meet its long-term operating objectives. Furthermore, the maturity date has been extended through March 7, 2028. Additionally, the accordion feature of the agreement has been expanded from $20 million to $25 million, further strengthening the Company's

PARSIPPANY, N.J., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced financial and operating results for the fourth quarter and fiscal year ended December 31, 2024, as well as recent business developments. Fourth Quarter 2024 Financial Highlights Revenue increased by 16.4% to $119.4 millionStudent starts grew by 9.6%; quarter-end student population rose by 14.1%Net income of $6.8 million and adjusted EBITDA of $19.2 millionTotal liquidity of nearly $100 million, no debt outstandingCashflow from operations of $30.3 million Full Year 2024 Financial and Operational Highlights Achieved or surpassed fiscal year 2024 guidance ranges for a

PARSIPPANY, N.J., Feb. 18, 2025 (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 24, 2025 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.lincolntech.edu. Participants may also register via teleconference at: Q4 2024 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participant

PARSIPPANY, N.J., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) (the "Company"), a national leader in specialized technical training for more than 75 years, today announced that Scott Shaw, President and CEO, will be participating at the 16th Annual Southwest IDEAS Investor Conference, being held in Dallas, TX on November 21 and 22, 2024. The presentation will be webcast and can be accessed through the conference host's main website at www.threepartadvisors.com/southwest. Mr. Shaw will review the recent third quarter performance, with revenue growing 15%, student starts increasing 21.1% and adjusted EBITDA increasing 67% compared to the year-ago

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 liquidity in excess of $90 million, no debt outstandingRecently opened East Point, Georgia campus outperforming first-year operating planRaised 2024 financial guidance *Note: The highlighted

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.lincolntech.edu. Participants may also register via teleconference at: Q3 2024 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be prov

PARSIPPANY, N.J., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) (the "Company"), a national leader in specialized technical training for more than 75 years, today announced that Scott Shaw, President and CEO, will be participating at the 17th Annual Barrington Research Virtual Fall Investment Conference, being held on Thursday, September 12th, 2024. Investors should reach out to their Barrington sales representatives or contact mpolyviou@evcgroup.com to schedule a virtual one-on-one meeting with Lincoln's management team. Mr. Shaw will review the recent second quarter performance, with revenue growing 16.1%, student starts increasing 12.3% and a

PARSIPPANY, N.J., Aug. 23, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) (the "Company"), a national leader in specialized technical training for more than 75 years, today announced that Scott Shaw, President and CEO, will be attending the Midwest IDEAS Conference, being held in Chicago, IL, on August 28th and 29th. Mr. Shaw will highlight the continued business momentum and growth drivers generating increased shareholder valuation, including the continued strong performance during the Company's second quarter ended June 30, 2024, with revenue growing 16.1%, student starts increasing 12.3% and adjusted EBITDA more than doubling compared to the year-ago qua

PARSIPPANY, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced financial and operating results for the second quarter ended June 30, 2024, as well as recent business developments. Second Quarter 2024 Financial Highlights* Revenue grew 16.1% to $102.9 millionStudent starts increased 12.3%; 11.4% increase in quarter-end student populationNet loss of $700,000 and Adjusted EBITDA of $6.2 millionTotal liquidity of more than $100 million; no debt outstandingNew East Point, Georgia campus student starts to date exceeds full-year planRaised outlook for full year Revenue; raised lower end of adjusted EBITDA, adjusted net income and s

PARSIPPANY, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its second quarter financial results on Thursday, August 8, 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.lincolntech.edu. Participants may also register via teleconference at: Q2 2024 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be prov

Parsippany, NJ, May 21, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC), a national leader in specialized technical training for more than 75 years, today announced that Scott Shaw, President and CEO, and Brian Meyers, Chief Financial Officer, will be attending several investor conferences and meetings in May and June, highlighting the continued business momentum and growth drivers generating increased shareholder valuation. May 22nd and 23rd - B. Riley Securities 24th Annual Institutional Investor Conference in Beverly Hills, CA will be holding a fireside chat with Mr. Shaw on Thursday, May 23rd at 1pm PT (4pm ET). One-on-one meetings with management

PARSIPPANY, N.J., May 07, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced that its Board of Directors has authorized extension of its share repurchase program for an additional twelve months through May 24, 2025. On May 24, 2022, the Company announced that its Board of Directors had authorized a share repurchase program of up to $30 million of the Company's outstanding common stock. The repurchase program was initially authorized for twelve months and has since been extended and increased to $40 million. Since inception of the program, the Company has made repurchases of approximately 1.7 million shares of the Company's common stock at an av

PARSIPPANY, N.J., May 06, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced financial and operating results for the first quarter ended March 31, 2024, as well as recent business developments. First Quarter 2024 Financial Highlights* Revenue grew 19.7% to $103.4 millionAdjusted EBITDA tripled to $6.5 millionStudent starts increased 15.3%Ended quarter with 1,388 additional students, a 11.2% increase in populationTotal liquidity of over $109 million; no debt outstandingIncreasing guidance for full year Revenue, Adjusted EBITDA and Adjusted Net Income Recent Developments Classes commenced at our newest campus in East Point, GeorgiaEnte

PARSIPPANY, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its first quarter financial results on Monday, May 6, 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.lincolntech.edu. Participants may also register via teleconference at: Q1 2024 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be provide

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. Student start growth is projected to significantly improve from the prior year, with growth of approximately 15.0% compared to 6.4%, excluding the transitional segment in 2022. "Our team continues to successfully execute the Company's transformative growth strategies as the interest in skilled trade careers co

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. The Company also announced that the Board of Directors had selected current Board member John A. Bartholdson to succeed Mr. Morrow as the next Chair of the Board following the 2024 Annual Meeting of Shareholders to be held in May. Mr. Bartholdson has been a member of the Board of Directors since 2019. "The Boar

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. To access the live Investor Day webcast, please go to the ‘Events' section of the Investor Relations page within Lincoln's website at http://www.lincolntech.edu/investor-events. Copies of the slides presented during the Investor Da

Conference Call Today at 10 a.m. ET 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 millionNew student starts increased 16.0%Adjusted EBITDA of $15.7 millionAdjusted net income of $10.0 millionEarnings per share of $0.23Cashflow from operations of $21.9 million Full Year 2023 Financial and Operational Highlights* Revenue grew 10.3% to $376.6 millionNew student starts increased 11.4%Adjusted EBITDA of $26.5 mi

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

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. To access the live webcast of the conference call, please go to the investor relations section of Lincoln's website at http://www.lincolntech.edu. Participants may also register via teleconference at: Q4 2023 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participant

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. Third Quarter 2023 Financial Highlights and Recent Operating Developments* Revenue grew 10.5% to $99.5 millionNew student starts increased 7.1%Adjusted EBITDA of $6.1 millionEarnings per share of $0.07Total liquidity of $70.3 million; no debt outstandingRecently announced strategic growth plans include new Houston campus and relocation and expansion of Nashville and Philadelphia campusesRaised outlook for full year revenue, student starts and adj

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. To access the live webcast of the conference call, please go to the investor relations section of Lincoln's website at http://www.lincolntech.edu. Participants may also register via teleconference at: Q3 2023 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be p

PARSIPPANY, N.J., July 25, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its second quarter financial results on Monday, August 7, 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. To access the live webcast of the conference call, please go to the investor relations section of Lincoln's website at http://www.lincolntech.edu. Participants may also register via teleconference at: Q2 2023 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be prov

Parsippany, NJ, June 26, 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, announces that it has been added to the broad-market Russell 3000® Index, effective today after the US markets open, as part of the 2023 Russell Indexes reconstitution "We are pleased that Lincoln Educational Services was added to the Russell 3000 Index, which I believe is a recognition of the business momentum we have generated and our ability to achieve the key operating objectives we have established," commented Scott Shaw, Lincoln T

Parsippany, NJ, June 13, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC), a national leader in specialized technical training for more than 75 years, announced today that it has closed on the sale of its Nashville campus to an affiliate of SLC Development, LLC for $33.8 million pursuant to the previously reported Contract for the Sale of Real Estate entered into in 2021. In connection with the sale, the parties entered into a lease agreement allowing Lincoln to continue to occupy the nearly 16-acre property located at 1524 Gallatin Avenue in East Nashville and operate its campus on a rent-free basis for a period of 15 months while the Company seeks to reloca

PARSIPPANY, N.J., May 08, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced operating and financial results for the first quarter as well as recent business developments. First Quarter 2023 Financial Highlights and Recent Operating Developments* Revenues of $86.4 million grew 6.9%New student starts increased 6.4%Adjusted EBITDA of $2.2 millionIncreasing outlook for revenues and earnings for the full year *Note: The highlighted financial results exclude the Transitional segment and results and guidance in this release, including the highlights above, include references to non-GAAP operating measures. A reconciliation of GAAP / non-GAAP measur

PARSIPPANY, N.J., April 24, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its first quarter financial results on Monday, May 8, 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. To access the live webcast of the conference call, please go to the investor relations section of Lincoln's website at http://www.lincolntech.edu. Participants may also register via teleconference at: Q1 2023 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be provided

PARSIPPANY, N.J., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced operating and financial results for the fourth quarter and full year ended December 31, 2022. In addition to providing its financial outlook for 2023, the Company introduced three-year growth objectives for financial performance driven by its business transformation investments and campus program expansions. Fourth Quarter 2022 Financial Highlights and Recent Operating Developments   Total Revenue of $91.8 million, up 4.5%; same school revenue up 4.8%Total student starts up 2.4%; same school student starts up 4.7%Adjusted EBITDA* of $15.7 million, up 7.4%Adjusted net

PARSIPPANY, N.J., Feb. 21, 2023 (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 27, 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. To access the live webcast of the conference call, please go to the investor relations section of Lincoln's website at http://www.lincolntech.edu. Participants may also register via teleconference at: Q4 2022 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participant

PARSIPPANY, N.J., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced that its press release issued under the headline "Lincoln Educational Services Corporation Reports Mandatory Conversion of Series A Convertible Preferred Stock" on November 30, 2022, was changed to correct the decimal point of the conversion ratio. The number of shares of Common Stock into which the shares of Series A Preferred Stock converted has not changed. The corrected press release is set forth in its entirety below. Lincoln Educational Services Corporation ReportsMandatory Conversion of Series A Convertible Preferred Stock Parsippany, NJ, November 30, 2022 (GL

PARSIPPANY, N.J., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced that it had exercised in full its right of mandatory conversion of the Company's Series A Convertible Preferred Stock. In connection with the conversion, each share of Series A Convertible Preferred Stock has been cancelled and converted into the right to receive 4.23729 shares of the Company's Common Stock, no par value per share. Shares of the Series A Convertible Preferred Stock are no longer be outstanding and all rights of the holders to receive future dividends have terminated. As a result of the conversion, the aggregate 12,700 shares of Series A Preferred Stock

PARSIPPANY, N.J., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today reported operating and financial results for the third quarter as well as recent business developments. Third Quarter 2022 Financial Highlights and Recent Operating Developments   Revenue of $91.8 millionNet income of $3.5 millionAdjusted EBITDA* of $7.4 millionEarnings per share of $0.10Cash of $69.6 million and debt freeRepurchased 668,440 shares of Company common stock for $4.2 million *See Use of "Non-GAAP Financial Information" below. "Our third quarter results were in line with our expectations, with our 3% revenue growth produced by our ability to generate a higher re

PARSIPPANY, N.J., Oct. 19, 2022 (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 7, 2022 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.lincolntech.edu. Participants may also register via teleconference at: Q3 2022 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be provi

Actions Taken to Execute Five Year Growth Strategy Conference Call Today at 10 a.m. ET PARSIPPANY, N.J., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today reported operating and financial results for the second quarter as well as recent business developments. Second Quarter 2022 vs Second Quarter 2021 Financial Highlights and Recent Operating Developments   Revenue of $82.1 million, up 2.1%Student starts increased by 4.0%Adjusted EBITDA* of $2.4 millionCash of $67.0 million and debt free; Generated cash from operations of $4.4 millionAnnounced new Atlanta, Georgia campus expected to open in third quarter of 2023Repurchased 414,963 shares of

PARSIPPANY, N.J., July 21, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its second quarter financial results on Monday, August 8, 2022 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.lincolntech.edu. Participants may also register via teleconference at: Q2 2022 Lincoln Educational Services Earnings Conference Call. Once registration is completed, participants will be prov

PARSIPPANY, N.J., May 24, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced that its Board of Directors has authorized a share repurchase program of up to $30 million of the Company's outstanding common stock. The repurchase program has been authorized for twelve months. Purchases may be made, from time to time, in open-market transactions at prevailing market prices, in privately negotiated transactions or by other means as determined by the Company's management and in accordance with applicable federal securities laws. The timing of purchases and the number of shares repurchased under the program will depend on a variety of factors including

PARSIPPANY, N.J., May 09, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today, reported operating and financial results for the first quarter as well as recent business developments. First Quarter 2022 vs First Quarter 2021 Financial Highlights and Recent Operating Developments Revenue of $82.6 million, up 5.8% compared to prior yearAdjusted EBITDA* of $2.4 million, compared to $5.4 million in prior yearAverage student population up 4.4%Beginning period population up 6.0%Reiterating 2022 guidance for all metrics including student starts, revenue, Adjusted EBITDA, net income and capital expenditures *See Us

PARSIPPANY, N.J., April 22, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) ("Lincoln") announced today that it will host a conference call to discuss its first quarter financial results on Monday, May 9, 2022 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.lincolntech.edu. Participants can also listen to the conference call by dialing 844-413-0946 (domestic) or 216-562-0456 (international) and providing access code 5333478. Please log in or dial int

PARSIPPANY, N.J., Feb. 17, 2022 (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 28, 2022 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.lincolntech.edu. Participants can also listen to the conference call by dialing 844-413-0946 (domestic) or 216-562-0456 (international) and providing access code 2498132. Please

PARSIPPANY, N.J., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today, reported operating and financial results for the third quarter ended September 30, 2021 as well as recent business developments. Third Quarter 2021 Financial Highlights and Recent Operating Developments Revenue of $89.1 million, a 13.0% increase compared to prior year quarterOperating income of $5.7 million, up 49.6% compared to prior year quarterAdjusted EBITDA* of $8.4 million compared to $6.3 million for the prior year quarterStudent starts of 5,430 compared to 5,510 for the prior year quarter despite limited access to high schools over the past 18 months due to C

Parsippany, NJ, Nov. 02, 2021 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC), marking 75 years in 2021 as a national leader in specialized technical training, has completed the sale and lease-back transactions of its Denver, CO and Grand Prairie, TX properties for an aggregate sale price of $46.5 million.   Simultaneously, Lincoln entered into a 20-year triple-net lease agreement for each property with renewal options. In connection with the sale, Lincoln anticipates recording a gain on sale of approximately $22 million in the fourth quarter of 2021. The transactions were initially announced in late September.   At closing, part of the proceeds were used

PARSIPPANY, N.J., Oct. 26, 2021 (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 8, 2021 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.lincolntech.edu. Participants can also listen to the conference call by dialing 844-413-0946 (domestic) or 216-562-0456 (international) and providing access code 4862849. Please log in or di