Lincoln Educational Services

Lincoln Educational Services Corp. engages in the provision of a career-oriented post-secondary education to recent high school graduates and working adults. It operates through the following segments: Transportation and Skilled Trades, Healthcare and Other Professions, and Corporate. The Transportation and Skilled Trades segment offers academic programs mainly in the disciplines of transportation and skilled trades such as automotive, diesel, heating, ventilation, and air conditioning, welding, and manufacturing. The Healthcare and Other Professions segment provides academic programs in the disciplines of health sciences, hospitality and business, and information technology. The Corporate segment represents unallocated corporate activity. The company was founded in 1946 and is headquartered in Parsippany, NJ.

Earnings data Q1 2021

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Lincoln Educational Services excels in 2022, eyes growth and efficiency

Lincoln Educational Services reported positive performance in 2022, with a focus on enhancing student outcomes and operational efficiency. The company's strong balance sheet, strategic initiatives, and growth projections indicate a promising outlook. Despite challenges such as higher tax rates and increased expenses, Lincoln Educational Services remains optimistic about its expansion opportunities and commitment to student success.

Lincoln Educational Services (LINC) reports robust Q1 performance and growth outlook

Lincoln Educational Services (LINC) delivered a strong Q1 2023 performance, showcasing revenue and EBITDA growth, strategic partnerships, and expansion plans. The company's focus on innovation, financial strength, and employee dedication positions it well for future growth and success in the education sector.

Lincoln Educational Services excels in Q2, eyes growth through partnerships

Lincoln Educational Services' Q2 performance exceeded expectations, showcasing strong financial health and strategic growth initiatives. While facing challenges in program replication and graduation rates, the company is well-positioned to capitalize on opportunities through partnerships and innovative education delivery models.

Lincoln Educational Services reports robust Q3 growth and expansion plans

Lincoln Educational Services saw strong revenue growth and plans for expansion despite operational challenges.
The company's financial position remains robust with no debt and a healthy cash balance.
Strategic initiatives like new programs, campus openings, and tuition increases signal a positive outlook for future growth.

Lincoln Educational Services excels in Q4 2023, eyes revenue growth

Lincoln Educational Services delivered strong financial results, showcasing growth in student metrics and revenue, while maintaining a healthy balance sheet. The company's strategic initiatives and focus on new programs position it well for future success.

Lincoln Educational Services excels in Q1, eyes strategic growth

Lincoln Educational Services reported stellar Q1 performance, with strong growth in key metrics and a positive outlook for the year. The company's focus on innovation, strategic expansion, and financial strength positions them well for future success in the education sector.

Lincoln Educational Services excels in Q3, eyes expansion and innovation

Lincoln Educational Services delivered a strong performance in Q3 2024, marked by revenue growth, increased EBITDA, and successful student start initiatives.
The company's strategic focus on growth, partnerships with industry leaders, and financial stability position it well for future expansion and innovation.
While facing challenges such as campus divestment and maintaining growth momentum, Lincoln has opportunities to enhance its teaching model, expand campuses, and drive further growth.

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Lincoln Educational Services Corp. engages in the provision of a career-oriented post-secondary education to recent high school graduates and working adults. It operates through the following segments: Campus Operations and Transitional. The Campus Operations segment includes campuses that are continuing in operation and contribute to the company’s core operations and performance. The Transitional segment refers to businesses that are marked for closure and are currently being taught-out. The Corporate segment represents unallocated corporate activity. The company was founded in 1946 and is headquartered in Parsippany, NJ.

PARSIPPANY, N.J., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC) today announced that Sylvia Jean Young, MSHA, FACHE, has been appointed to the Company's Board of Directors. With over 35 years of corporate leadership experience in the healthcare industry, Ms. Young's contributions are expected to further broaden the Board's perspective and enhance the Company's ability to execute on its long-term growth strategy. In connection with her appointment to the Board, Ms. Young was also appointed to the Board's Compensation Committee.

Lincoln Educational Services Corporation Welcomes Healthcare Executive Sylvia Jean Young to its Board of Directors

Lincoln Educational Services Corporation (LINC) delivered earnings and revenue surprises of 28% and 2.13%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Lincoln Educational Services Corporation (LINC) Surpasses Q4 Earnings and Revenue Estimates

Conference Call Today at 10 a.m. ET Conference Call Today at 10 a.m. ET

Lincoln Educational Services Reports Fourth Quarter & FY 2022 Results; Outlines Accelerated Organic Growth Plans

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.

Lincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2022 Earnings Release and Conference Call

Johnson Controls

Innovative Johnson Controls Academy provides six weeks of intensive training toward full-time employment,  as well as housing near the Lincoln Tech campus in Columbia, Maryland Participants transition to Johnson Controls field locations throughout the United States upon completion of the program, with relocation assistance provided  The program is designed to tackle the skilled-labor gap through hands-on training that develops new and rewarding career pathways MILWAUKEE and COLUMBIA, Md. , Feb. 6, 2023 /PRNewswire/ -- Lincoln Educational Services Corporation (NASDAQ: LINC) and Johnson Controls, the global leader for smart, healthy and sustainable buildings, announced the launch of the Johnson Controls Academy, a six-week intensive training program focused on developing the next generation of building technicians.

Lincoln Tech and Johnson Controls Launch New Career Pathways Program to Close the Skills Gap

Global brand looks to hire Lincoln graduates for HVAC and Electrical positions; opens student lounge on Atlanta, GA campus Global brand looks to hire Lincoln graduates for HVAC and Electrical positions; opens student lounge on Atlanta, GA campus

Lincoln Tech Celebrates Donation of Student Lounge and Career Opportunities with Marriott Hotels International

Director of Education at Grand Prairie, TX campus follows a family tradition of hands-on manufacturing career excellence. Director of Education at Grand Prairie, TX campus follows a family tradition of hands-on manufacturing career excellence.

Lincoln Tech Instructor Publishes Second Textbook on Computerized Manufacturing

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.

Correction Notice to Press Release Announcing Lincoln Educational Services Corporation Reports Mandatory Conversion of Series A Convertible Preferred Stock

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 outstanding were converted into 5,381,360 shares of Common Stock.

Lincoln Educational Services Corporation Reports Mandatory Conversion of Series A Convertible Preferred Stock

New program launches at Nashville, TN and South Plainfield, NJ campuses as employers aim to fill 450,000 projected openings nationwide by 2031; students can earn their Certificate in as little as eight weeks. New program launches at Nashville, TN and South Plainfield, NJ campuses as employers aim to fill 450,000 projected openings nationwide by 2031; students can earn their Certificate in as little as eight weeks.

Lincoln Tech Introduces Heavy Equipment Operator Training

Class begins November 30th, addressing tremendous employer demand across New England and New York. Class begins November 30th, addressing tremendous employer demand across New England and New York.

Lincoln Tech Introduces Medical Assistant Training at East Windsor, CT Campus

Lincoln Educational Services Corporation (NASDAQ:LINC ) Q3 2022 Earnings Conference Call November 7, 2022 10:00 AM ET Company Participants Michael Polyviou - IR Scott Shaw - President and CEO Brian Meyers - CFO Conference Call Participants Alex Paris - Barrington Research Steve Frankel - Rosenblatt Securities Eric Martinuzzi - Lake Street Capital Markets Raj Sharma - B. Riley Operator Hello and thank you for standing by.

Lincoln Educational Services Corporation (LINC) Q3 2022 Earnings Call Transcript

Lincoln Educational Services Corporation (LINC) delivered earnings and revenue surprises of -9.09% and 3.46%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Lincoln Educational Services Corporation (LINC) Misses Q3 Earnings Estimates

Lincoln Educational Services Reports Third Quarter 2022 Results

Lincoln Educational Services Corporation (LINC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Lincoln Educational Services Corporation (LINC) Stock Jumps 11.9%: Will It Continue to Soar?

Lincoln is expected to announce $0.11 in GAAP earnings per share on sales of just under $89 million. The fundamentals in terms of the lack of skilled workers are a clear tailwind for Lincoln.

Lincoln: Bullish Trends As We Approach Q3 Earnings Print

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.

Lincoln Educational Services Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call

The advanced training program at Lincoln's Grand Prairie, TX campus has produced over 200 technicians since 2018 with a 96% job placement rate. The advanced training program at Lincoln's Grand Prairie, TX campus has produced over 200 technicians since 2018 with a 96% job placement rate.

Lincoln Tech Celebrates 20th Graduating Class from the Hussmann TechX Training Center

Parsippany, NJ, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced that student Avery Hill has been selected to receive a Work Ethic Scholarship from the Mike Rowe Works Foundation. Hill, who is currently enrolled in the Heating, Ventilation and Air Conditioning career training program at Lincoln's East Windsor, CT campus, was selected to receive the $5,000 scholarship as part of the Foundation's efforts to promote career-focused education for students seeking to enter in-demand, hands-on trades.

Lincoln Tech Student Receives Mike Rowe Works Foundation Scholarship

Parsippany, NJ, Sept. 01, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training for more than 75 years, has announced that Angela Reppert has received the Accrediting Commission of Career Schools & Colleges' (ACCSC) Commitment to Education Award for 2022. Reppert, President at Lincoln Tech's Allentown, PA campus since 2019, will celebrate 30 years with the organization next year and personifies dedication to student success.

Lincoln Tech Campus President Honored by ACCSC with Commitment to Education Award

Lincoln Educational Services Corporation (NASDAQ:LINC ) Q2 2022 Earnings Conference Call August 8, 2022 10:00 AM ET CompanyParticipants Scott Shaw - President and CEO Brian Meyers - CFO Michael Polyviou - IR Conference Call Participants Alex Paris - Barrington Research Eric Martinuzzi - Lake Street Capital Markets Rajiv Sharma - B. Riley Justin Putman - Talanta Investment Group Operator Good day, and thank you for standing by.

Lincoln Educational Services Corporation (LINC) CEO Steve Hodgson on Q2 2022 Results - Earnings Call Transcript

Lincoln Educational Services Corporation (LINC) delivered earnings and revenue surprises of -100% and 1.93%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Lincoln Educational Services Corporation (LINC) Reports Break-Even Earnings for Q2

Actions Taken to Execute Five Year Growth Strategy

Lincoln Educational Services Reports Second Quarter 2022 Results

New agreement with global auto innovator reinforces Lincoln's commitment to delivering industry-leading EV training program for its students. New agreement with global auto innovator reinforces Lincoln's commitment to delivering industry-leading EV training program for its students.

Lincoln Tech Signs Agreement with Tesla to Train Future EV Technicians

Lincoln Educational Services Corporation (LINC) closed at $7 in the latest trading session, marking no change from the prior day.

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