LINCLincoln Educational Services Corporation

$1B

Q2 2017 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$62M+47.7% YoY

Gross Profit

$29M47.6% margin

Operating Income

-$6M-9.7% margin

Net Income

-$7M-10.9% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-5.2%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$9M

Stock-Based Comp.

$293,000

Balance Sheet

Total Assets

$130M

Total Liabilities

$92M

Stockholders' Equity

$38M

Cash & Equivalents

$7M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$62M	$42M	+47.7%
Gross Profit	$29M	$20M	+45.6%
Operating Income	-$6M	-$3M	-112.4%
Net Income	-$7M	-$3M	-115.8%

Revenue Segments

Transportation and Skilled Trades

$41M67%

Healthcare and Other Professions Business Segment

$18M29%

Transitional

$3M4%

LINC Q2 2017 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena