LINC Q3 2024 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

Q3 2024 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$114M+14.8% YoY

Gross Profit

$66M58.0% margin

Operating Income

$6M5.1% margin

Net Income

$4M3.5% margin

EPS (Diluted)

$0.13

QoQ Revenue Growth

+11.2%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

-$14M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$404M

Total Liabilities

$234M

Stockholders' Equity

$170M

Cash & Equivalents

$54M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$114M	$100M	+14.8%
Gross Profit	$66M	$56M	+17.5%
Operating Income	$6M	$2M	+191.7%
Net Income	$4M	$2M	+91.5%

Revenue Segments

Campus Operations

$114M100%