LINC Q2 2020 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

Q2 2020 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$62M-1.7% YoY

Gross Profit

$36M58.0% margin

Operating Income

$1M1.9% margin

Net Income

$783,0001.3% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-10.8%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$17M

Stock-Based Comp.

$325,000

Balance Sheet

Total Assets

$195M

Total Liabilities

$141M

Stockholders' Equity

$54M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$62M	$64M	-1.7%
Gross Profit	$36M	$34M	+7.1%
Operating Income	$1M	-$2M	+155.4%
Net Income	$783,000	-$3M	+125.6%

Revenue Segments

Transportation and Skilled Trades

$43M69%

Healthcare and Other Professions Business Segment

$20M31%