LINCLincoln Educational Services Corporation

$1B

Q3 2019 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$73M+3.6% YoY

Gross Profit

$39M54.3% margin

Operating Income

$2M3.0% margin

Net Income

$1M1.8% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+14.2%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$4M

Stock-Based Comp.

$218,000

Balance Sheet

Total Assets

$162M

Total Liabilities

$128M

Stockholders' Equity

$34M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$73M	$70M	+3.6%
Gross Profit	$39M	$37M	+7.6%
Operating Income	$2M	$76,000	+2719.7%
Net Income	$1M	-$600,000	+323.3%

LINC Q3 2019 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena