LINC Q2 2022 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

Q2 2022 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$82M+2.1% YoY

Gross Profit

$46M56.0% margin

Operating Income

$396,0000.5% margin

Net Income

$259,0000.3% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$2M

Stock-Based Comp.

$491,000

Balance Sheet

Total Assets

$285M

Total Liabilities

$147M

Stockholders' Equity

$138M

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$80M	+2.1%
Gross Profit	$46M	$47M	-1.6%
Operating Income	$396,000	$3M	-88.5%
Net Income	$259,000	$2M	-89.3%

Revenue Segments

Transportation and Skilled Trades

$58M71%

Healthcare and Other Professions Business Segment

$24M29%