Expansion PlansLincoln plans to open 1-2 campuses per year for the next 5 years, with new campuses expected in Levittown, PA; Nashville, TN; and Houston, TX in 2025.
Financial PerformanceLincoln Educational Services reported financial results of its first quarter that were above expectations, and its full-year guidance was raised.
Student Population GrowthRevenue in the first quarter increased 13.7% to $117.5 million, due primarily to a 13.1% increase in average student population, driven by starts growth of 16.2%.