MARKET COMPOSITE
LINC - Lincoln Educational Services Corp7:59:47 PM 4/26/2024
Price
$10.12
+ 0.15 (1.50%)
Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates through three segments: Transportation and Skilled Trades, Healthcare and Other Professions, and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades, including welding, computerized numerical control, and electrical and electronic systems technology, as well as heating, ventilating, and air conditioning programs; healthcare services comprising nursing, dental assistant, medical administrative assistant, etc.; hospitality services, such as culinary, therapeutic massage, cosmetology, and aesthetics; and information technology. The company operates 22 campuses in 14 states under the Lincoln Technical Institute, Lincoln College of Technology, Lincoln Culinary Institute, and Euphoria Institute of Beauty Arts and Sciences, as well as associated brand names. As of December 31, 2019, it had 11,285 students enrolled at 22 campuses. Lincoln Educational Services Corporation was founded in 1946 and is based in West Orange, New Jersey.
Financials
Quarterly financials
(USD)Sep 2023Q/Q
Revenue99.6MM+12%
Gross Profit56.5MM-
Cost Of Revenue43.1MM+8%
Operating Income2MM-92%
Operating Expenses54.5MM-
Net Income2.1MM-88%
G&A54.5MM+5%
Interest Expense21K-25%
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