LINC Q3 2021 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

Q3 2021 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$89M+13.0% YoY

Gross Profit

$51M57.2% margin

Operating Income

$6M6.5% margin

Net Income

$4M4.3% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

+10.7%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$15M

Stock-Based Comp.

$756,000

Balance Sheet

Total Assets

$253M

Total Liabilities

$140M

Stockholders' Equity

$114M

Cash & Equivalents

$47M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$89M	$79M	+13.0%
Gross Profit	$51M	$45M	+14.4%
Operating Income	$6M	$4M	+49.6%
Net Income	$4M	$4M	+9.3%

Revenue Segments

Transportation and Skilled Trades

$65M73%

Healthcare and Other Professions Business Segment

$24M27%