LINC Q2 2024 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

Q2 2024 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$103M+16.1% YoY

Gross Profit

$57M55.7% margin

Operating Income

-$1M-1.1% margin

Net Income

-$682,000-0.7% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-0.4%

Cash Flow

Operating Cash Flow

$8M

Free Cash Flow

-$3M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$366M

Total Liabilities

$202M

Stockholders' Equity

$165M

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$103M	$89M	+16.1%
Gross Profit	$57M	$49M	+18.0%
Operating Income	-$1M	$24M	-104.7%
Net Income	-$682,000	$17M	-104.0%

Revenue Segments

Campus Operations

$103M100%