Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts During Second Quarter 2024
LINCLincoln Educational Services(LINC) Newsfilter·2024-08-08 20:00

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 102.9millionStudentstartsincreased12.3102.9 millionStudent starts increased 12.3%; 11.4% increase in quarter-end student populationNet loss of 700,000 and Adjusted EBITDA of 6.2millionTotalliquidityofmorethan6.2 millionTotal liquidity of more than 100 million; no debt outstan ...