Lincoln Educational Services ( (LINC) ) has released its Q2 earnings. Here is a breakdown of the information Lincoln Educational Services presented to its investors.
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Lincoln Educational Services Corporation is a prominent provider of career-oriented post-secondary education, focusing on skilled trades, automotive, health sciences, and information technology, operating 21 campuses across 12 states in the United States.
In its latest earnings report for the second quarter of 2025, Lincoln Educational Services showcased a strong financial performance, with significant growth in revenue and student enrollment. The company also announced an increase in its financial outlook for the full year, reflecting confidence in its ongoing strategies and market demand.
Key highlights from the report include a 13.2% increase in revenue to $116.5 million and a substantial rise in adjusted EBITDA by 68.4% to $10.5 million. The company also reported a net income of $1.6 million, a notable improvement from a net loss of $0.7 million in the previous year. Student starts saw a remarkable increase of 19.5%, with organic growth at 18.6%, indicating strong demand for Lincoln’s educational programs.
The company completed significant campus developments, including the relocation of its Nashville, TN campus, which exceeded expectations in student starts and revenue. The Houston, TX campus received regulatory approval, and the Levittown, PA campus relocation was finalized, with new programs set to launch. These developments are part of Lincoln’s strategy to expand its reach and meet the growing demand for career-focused education.
Looking ahead, Lincoln Educational Services is optimistic about its growth prospects, raising its full-year guidance for revenue, adjusted EBITDA, and net income. The company continues to explore opportunities for new campus developments to address unmet market needs and is well-positioned to achieve its long-term targets set for 2027.