Lincoln Educational Services (LINC) Tops Q1 EPS by 7c

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Lincoln Educational Services Corporation Reports First Quarter Results

May 6, 2015 7:15 AM EDT

Total Revenue Declines 3.1%; Total Operating Loss Reduced 36.9%Net Loss of $0.30 per share from Continuing Operations as Compared to Net Loss of $0.45 per share for 2014Total Starts Down 8.2%Leadership Transition Announced2015 Guidance Updated

WEST ORANGE, N.J., May 6, 2015 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today reported financial results for the first quarter ended March 31, 2015.  

We continued to... More

Lincoln Educational Services Announces Leadership Transition

May 6, 2015 7:00 AM EDT

WEST ORANGE, N.J., May 6, 2015 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), today announced a leadership transition.  Scott M. Shaw, currently Lincolns President and Chief Operating Officer, will succeed current Chief Executive Officer Shaun McAlmont and become Lincolns President and Chief Executive Officer on July 1.  Mr. McAlmont is resigning effective June 30, 2015 after 5 years as Lincolns CEO to focus on his family and explore other career interests.  In addition, J. Barry Morrow, currently a member of the Board of Directors and Chairman of the Boards Compensation Committee, will succeed... More