Lincoln Educational Services (LINC) Tops Q2 EPS by 59c, beats revenue, provides outlook

Lincoln Educational Services (NASDAQ: LINC) reported Q2 EPS of $0.57, $0.59 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $88.2 million versus the consensus estimate of $84.71 million.
FY 2023 Business Outlook:

Revenue in the range of $360 million to $370 million
Adjusted EBITDA* in the range of $22 million to $26 million
Adjusted Net income* in the range of $10 million to $13 million
Student start growth in the range of 6% to 10%

For earnings history and earnings-related data on Lincoln Educational Services (LINC) click here.

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