Strong Student Start Growth
Third quarter student start growth of 6% exceeded internal forecasts, marking the 12th consecutive quarter of growth over the prior year's period.
Record Revenue and EBITDA Growth
Revenue for the quarter was $141.4 million, an increase of 25.4%. Adjusted EBITDA grew by 65.1%, reaching $16.9 million.
Expanding Campus Network
New campuses in East Point and Houston opened, and expansions in Nashville and Philadelphia. Plans to open a new campus in Rowlett, Texas, adding 1,600 student capacity.
Successful Implementation of Lincoln 10.0
Realized increasing levels of instructional efficiencies, space efficiencies, and organizational productivity through the Lincoln 10.0 hybrid teaching platform.