LINC FY 2023 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

FY 2023 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$378M+8.6% YoY

Gross Profit

$216M57.1% margin

Operating Income

$33M8.8% margin

Net Income

$26M6.9% margin

EPS (Diluted)

$0.85

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

-$15M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$345M

Total Liabilities

$178M

Stockholders' Equity

$167M

Cash & Equivalents

$76M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$378M	$348M	+8.6%
Gross Profit	$216M	$200M	+8.1%
Operating Income	$33M	$16M	+104.9%
Net Income	$26M	$13M	+105.8%