LINC Q4 2023 Earnings — Lincoln Educational Services Corporation Revenue & Financial Results | Market Cap Arena

LINCLincoln Educational Services Corporation

$1B

Q4 2023 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$103M+11.7% YoY

Gross Profit

$61M60.0% margin

Operating Income

$9M8.7% margin

Net Income

$7M6.6% margin

EPS (Diluted)

$0.22

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$345M

Total Liabilities

$178M

Stockholders' Equity

$167M

Cash & Equivalents

$76M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$103M	$92M	+11.7%
Gross Profit	$61M	$55M	+11.3%
Operating Income	$9M	$11M	-20.9%
Net Income	$7M	$9M	-20.6%

Revenue Segments

Campus Operations

$103M100%

Transitional

$12,0000%