Strong Revenue Growth
Revenue for the third quarter exceeded expectations, increasing 15% year-over-year to $204.3 million.
Significant Increase in Net Income
Net income increased roughly 114% year-over-year to $10.7 million with diluted earnings per share of $0.19.
Adjusted EBITDA Growth
Adjusted EBITDA grew over 37% year-over-year to $25.3 million.
Growth in Full-Time Students
Average full-time active students grew nearly 13% year-over-year to 23,757 students.
Expansion of HVACR Programs
HVACR programs were added to Rancho Cucamonga and Miramar campuses, bringing the program's footprint to 11 campuses across 7 states.
Aviation Program Achievements
Graduated the first class from aviation maintenance programs and won first place at the 2025 Aerospace Maintenance Competition.
Lifting of Concorde Career Colleges Growth Restrictions
Approval to lift growth restrictions on Concorde Career Colleges, allowing for accelerated expansion plans.
Raising of Fiscal 2025 Guidance
Raised the low end of fiscal 2025 guidance ranges for both revenue and new student starts.