Lincoln Educational Services Reports Q3 Earnings Beat on Revenue and EPS
Lincoln Educational Services (LINC) reported third-quarter financial results that exceeded analyst expectations for both earnings per share and revenue. The company posted a GAAP EPS of $0.15, surpassing estimates by $0.02, while total revenue reached $159.2 million, representing a 12.6% increase year-over-year and beating projections by $6.93 million. Profitability metrics showed significant growth, with adjusted EBITDA rising 30.8% to $17.4 million compared to $13.3 million in the prior year period. Net income also saw a substantial boost, increasing 24.1% to $4.7 million from $3.8 million, signaling strong operational efficiency and top-line momentum.
Tickers: $LINC
Topics: earnings beat EBITDA increase net income growth revenue growth