The earnings call indicates a robust performance with significant revenue and enrollment growth, successful acquisition integration, and a strong cash position. However, the increase in expenses and impact of seasonality are noted as challenges. Overall, the positives significantly outweigh the negatives.

Company Guidance

During the Legacy Education Third Quarter Fiscal 2025 earnings call, the company highlighted its impressive financial performance, demonstrating robust growth across multiple key metrics. Revenue increased by 50.7% year-over-year, reaching $18.6 million, driven by a 70.7% surge in new student starts and a 49.8% rise in ending enrollment to 3,245 students. This growth was partly attributed to the acquisition of Contra Costa Medical Career College, which expanded their student base by 468. The company achieved a net income of $2.8 million, or $0.21 per diluted share, marking a 57.1% increase from the previous year, and an adjusted EBITDA of $3.9 million, up 60% year-over-year. Operationally, Legacy Education's six campuses in California experienced strong enrollment trends, leveraging hybrid learning models and advanced simulation technology. Financial stability was underscored by $17.3 million in cash and $22 million in working capital. Legacy Education also reported an overall nursing NCLEX pass rate of 83%, with placement rates of 75% and 76% through accrediting bodies ACCET and ABHES, respectively. Looking ahead, the company aims to continue expanding its program offerings and evaluating acquisition opportunities to further enhance its market presence.

Record-Breaking Revenue Growth

Legacy Education reported a 50.7% year-over-year revenue increase to $18.6 million for Q3, marking the 11th consecutive quarter of double-digit revenue growth.

Significant Increase in Student Enrollment

There was a 70.7% increase in new student starts and a 49.8% growth in ending enrollment, reaching 3,245 students as of March 31, 2025.

Profitable Financial Performance

Net income increased 57.1% to $2.8 million, and adjusted EBITDA rose 60% to $3.9 million year-over-year.

Successful Acquisition Integration

The acquisition of Contra Costa Medical Career College added 468 students and expanded the company's footprint in high-demand healthcare markets.

Strong Cash Position

Legacy Education has $17.3 million in cash and $22 million in working capital, providing ample liquidity for growth and acquisitions.

Legacy Education Inc. (LGCY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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LGCY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 13, 2025	2025 (Q4)	- / -	0.21	―	―	―
May 15, 2025	2025 (Q3)	0.13 / 0.21	0.158	32.91% (+0.05)
Feb 13, 2025	2025 (Q2)	0.11 / 0.10	0.114	-12.28% (-0.01)
Nov 14, 2024	2025 (Q1)	- / -	0.094	―
Oct 07, 2024	2024 (Q4)	0.10 / 0.21	0.094	123.40% (+0.12)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

LGCY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 15, 2025	$7.78	$9.08	+16.71%
Feb 13, 2025	$9.68	$8.64	-10.74%
Nov 14, 2024	$5.60	$6.52	+16.43%
Oct 07, 2024	$4.87	$5.07	+4.11%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Legacy Education Inc. (LGCY) report earnings?

Legacy Education Inc. (LGCY) is schdueled to report earning on Oct 13, 2025, Before Open (Confirmed).

What is Legacy Education Inc. (LGCY) earnings time?

Legacy Education Inc. (LGCY) earnings time is at Oct 13, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

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What is LGCY EPS forecast?

Currently, no data Available

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