Lincoln Educational Services (LINC) Misses Q2 EPS by 6c

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Lincoln Educational Services Reports Second Quarter 2022 Results

August 8, 2022 8:00 AM EDT

Actions Taken to Execute Five Year Growth Strategy

Conference Call Today at 10 a.m. ET

PARSIPPANY, N.J., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today reported operating and financial results for the second quarter as well as recent business developments.

Second Quarter 2022 vs Second Quarter 2021 Financial Highlights and Recent Operating Developments  

Revenue of $82.1 million, up 2.1%Student starts increased by 4.0%Adjusted EBITDA* of $2.4 millionCash of $67.0 million and debt free; Generated cash from operations of... More