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Legacy Education Announces Six-Year Reaccreditation Grant for Integrity College of Health from ABHES
Prnewswire· 2026-02-17 14:00
Legacy Education Announces Six-Year Reaccreditation Grant for Integrity College of Health from ABHES [Accessibility Statement] Skip NavigationLANCASTER, Calif., Feb. 17, 2026 /PRNewswire/ -- Legacy Education Inc. ("Legacy Education" or the "Company") (NYSE American: LGCY), a leading provider of career education healthcare programs, proudly announces that [Integrity College of Health](ICH) has received a six-year grant of reaccreditation from the [Accrediting Bureau of Health Education Schools](ABHES).The si ...
Legacy Education Inc. (LGCY) Q2 Earnings and Revenues Top Estimates
ZACKS· 2026-02-12 23:15
分组1 - Legacy Education Inc. reported quarterly earnings of $0.15 per share, exceeding the Zacks Consensus Estimate of $0.13 per share, and showing an increase from $0.10 per share a year ago, resulting in an earnings surprise of +15.39% [1] - The company achieved revenues of $19.19 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.48%, and up from $13.64 million year-over-year [2] - Legacy Education Inc. has outperformed the market with a 3% increase in share price since the beginning of the year, compared to the S&P 500's gain of 1.4% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.17 on revenues of $19.5 million, and for the current fiscal year, it is $0.66 on revenues of $76.6 million [7] - The Zacks Industry Rank for Schools is in the top 27% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Legacy Education Inc. holds a Zacks Rank 3 (Hold), suggesting that the stock is expected to perform in line with the market in the near future [6]
Legacy Education Inc.(LGCY) - 2026 Q2 - Earnings Call Transcript
2026-02-12 22:32
Legacy Education (NYSEAM:LGCY) Q2 2026 Earnings call February 12, 2026 04:30 PM ET Company ParticipantsBrandon Pope - CFOLeeAnn Rohmann - CEONicole Joseph - SVPConference Call ParticipantsJeffrey Cohen - AnalystNone - AnalystOperatorGood day, and welcome to the Legacy Education Inc.'s second quarter fiscal year 2026 earnings conference call. Today's call is being recorded and broadcast live. It will also be archived on the Legacy Education website for future reference. To kick off the call, I will turn it o ...
Legacy Education Inc.(LGCY) - 2026 Q2 - Earnings Call Transcript
2026-02-12 22:32
Financial Data and Key Metrics Changes - Revenue grew 40.7% year-over-year to $19.2 million, marking the fourteenth consecutive quarter of double-digit revenue growth [7][15] - Adjusted EBITDA increased 61.6% to $3 million, reflecting scale and effective cost management [8][15] - Net income rose 46% to $2 million, or $0.15 per diluted share, up from $0.10 in the prior year quarter [8][16] - Year-to-date revenue for six months ended December 31, 2025, grew 39.6% to $38.6 million [18] Business Line Data and Key Metrics Changes - New student starts increased by 49.4% to 593 from 397 last year, driven by strong enrollment and disciplined marketing execution [15][16] - Enrollment at Contra Costa Medical Career College reached all-time highs of over 500 students [10] Market Data and Key Metrics Changes - The healthcare occupation sector is projected to be the fastest-growing major industry from 2024 to 2034, with about 1.9 million openings projected each year on average [5][6] Company Strategy and Development Direction - The company is focused on scaling quality, improving outcomes, and training job-ready graduates for essential roles in healthcare [5][7] - Strategic priorities include sustained enrollment growth, curriculum expansion, and operational innovation [21][23] - The company is pursuing additional regulatory approvals and evaluating accretive acquisitions to enhance growth [23][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's trajectory and operational execution, emphasizing the importance of maintaining high standards in curriculum and compliance [11][25] - The company is well-positioned to navigate regulatory changes and is focused on delivering strong outcomes for students [25][26] Other Important Information - The company has a strong balance sheet with $21.1 million in cash and little debt at $600,000 [19] - The effective tax rate increased to 28.9% from 27.3% due to fluctuations in stock option exercises [16] Q&A Session Summary Question: Discussion on new student starts - Management noted that the robust new student starts were driven by additional cohorts in hybrid programs and strong performance in vocational nursing and surgical tech programs [28][29] Question: Outlook on new program launches - Management confirmed optimism about new program launches in Q3 and Q4, including cardiac sonography and MRI programs [31][32] Question: Acquisition pipeline and geographic expansion - Management indicated that they are exploring acquisition opportunities both within and outside California, focusing on multi-campus opportunities [46][47] Question: Hybrid program structure and student commitments - Management clarified that hybrid programs require full-time commitment, with students balancing online theory and in-person lab sessions [50][51] Question: Revenue per student and program performance - Management explained that the increase in revenue per student is attributed to more students entering higher-margin programs and the impact of new enrollments [55]
Legacy Education Inc.(LGCY) - 2026 Q2 - Earnings Call Transcript
2026-02-12 22:30
Financial Data and Key Metrics Changes - Revenue grew 40.7% year-over-year to $19.2 million, marking the fourteenth consecutive quarter of double-digit revenue growth [6][7] - Adjusted EBITDA increased 61.6% to $3 million, reflecting scale and effective cost management [7][14] - Net income rose 46% to $2 million, or $0.15 per diluted share, up from $0.10 in the prior year quarter [7][15] - Year-to-date revenue for six months increased 39.6% to $38.6 million [17] Business Line Data and Key Metrics Changes - New student starts increased by 49.4% to 593 from 397 last year, driven by strong enrollment and disciplined marketing execution [14][15] - The company launched new programs, including MRI and cardiac sonography, contributing to enrollment growth [8][10] Market Data and Key Metrics Changes - The healthcare occupation sector is projected to be the fastest-growing major industry from 2024 to 2034, with about 1.9 million openings projected each year [5][6] - The aging population and expanded access to care are driving demand for skilled human expertise in healthcare [6] Company Strategy and Development Direction - The company is focused on scaling quality, improving outcomes, and training job-ready graduates for essential roles in healthcare [5][6] - Strategic priorities include sustained enrollment growth, curriculum expansion, and operational innovation [20][21] - The company is pursuing additional regulatory approvals and exploring both organic expansion and acquisitions [22][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate regulatory changes and maintain strong compliance [24] - The company is positioned for continued investment in growth, with a strong balance sheet and positive operating cash flow [25][24] Other Important Information - The company received reaccreditation for its Integrity College of Health campus, reflecting confidence in its academic delivery and student outcomes [10] - The integration of Contra Costa Medical Career College is complete, with enrollment reaching all-time highs [10] Q&A Session Summary Question: Discussion on new student starts - Management noted that the increase in new student starts was driven by additional cohorts in hybrid programs and strong performance in vocational nursing [27][30] Question: Outlook on new programs - Management confirmed that new programs starting in Q3 and Q4 are expected to support 20-30 student cohorts, with recurring starts every 3-6 months [35][36] Question: M&A activity and pipeline - Management indicated that they are exploring acquisition opportunities both within and outside California, with a goal to announce a deal within the fiscal year [36][44] Question: Hybrid program student commitments - Management stated that students in hybrid programs are primarily full-time, benefiting from the flexibility of online learning combined with in-person lab sessions [47][48] Question: Revenue per student increase - Management explained that the increase in revenue per student is attributed to more students entering higher-margin programs and the timing of revenue recognition [52]
Legacy Education Delivers Strong Second Quarter Fiscal 2026 Results with 40% Revenue Growth and Impressive Enrollment Gains
Prnewswire· 2026-02-12 21:05
Legacy Education Delivers Strong Second Quarter Fiscal 2026 Results with 40% Revenue Growth and Impressive Enrollment Gains [Accessibility Statement] Skip NavigationLANCASTER, Calif., Feb. 12, 2026 /PRNewswire/ -- Legacy Education Inc. ("Legacy Education" or the "Company") (NYSE American: LGCY), a leading provider of career education healthcare programs, today announced financial and operating results for the fiscal second quarter ended December 31, 2025.Legacy Education Inc. will host a conference call to ...
Legacy Education Inc.(LGCY) - 2026 Q2 - Quarterly Report
2026-02-12 21:02
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 WASHINGTON, D.C. 20549 For the quarterly period ended December 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q For the transition period from ___ to ____ Commission File Number: 001-42283 LEGACY EDUCATION INC. (Exact name of registrant as specified in its charter) | Nevada | 84-5167957 | | --- | --- | | (State ...
Legacy Education Appoints Joe Bartolome as Senior Vice President of Operations to Manage Scalable Growth Across Its Multi-Campus Platform
Prnewswire· 2026-02-05 14:00
LANCASTER, Calif., Feb. 5, 2026 /PRNewswire/ -- Legacy Education Inc. ("Legacy Education" or the "Company") (NYSE American: LGCY), a leading provider of career education healthcare programs, today announced the appointment of Joe Bartolome as Senior Vice President of Operations. Joe will report to Chief Executive Officer LeeAnn Rohmann and will serve as a member of the company's Senior Leadership Team. Joe brings more than 24 years of senior leadership experience in career and healthcare education, with a ...
Legacy Education Inc. Schedules Fiscal Year 2026 Second Quarter Earnings Release and Conference Call
Prnewswire· 2026-01-27 14:00
LANCASTER, Calif., Jan. 27, 2026 /PRNewswire/ -- Legacy Education Inc. ("Legacy Education" or the "Company") (NYSE American: LGCY), a leading provider of career education healthcare programs, announced today that it will host a conference call to discuss its second quarter financial results on Thursday, February 12, 2026 at 4:30 p.m. Eastern time. A news release outlining Legacy Education's results is anticipated to be issued by 4:05 p.m. Eastern time on that day. To access the live webcast of the conferen ...
Here are 5 School Stocks to Buy Before Moving Into 2026
ZACKS· 2025-12-15 14:31
Core Insights - The U.S. education market is transitioning from traditional methods to digital and career-focused programs, driven by student demand and government initiatives [2][11] - The Zacks Schools industry shows resilience, with median share prices above the S&P 500 composite, indicating promising mid to long-term prospects despite current stock performance [3] - Five education stocks are identified with expected earnings growth of over 10% year-over-year by 2026, including Chegg, Adtalem Global Education, Grand Canyon Education, Nerdy, and Legacy Education [4] Market Trends - The shift towards hybrid and AI-based learning models is gaining traction, with education companies adapting to meet the demand for flexible learning formats [5][8] - Companies like Chegg and Nerdy are benefiting from the rise of online and hybrid learning, leveraging AI-enhanced tools and subscription-based digital offerings [6][8] - The focus on career-oriented programs is increasing, particularly in high-demand fields like healthcare, aligning with workforce needs and supporting enrollment growth [9][10] Government Support - Federal and state initiatives are promoting EdTech adoption and workforce development, enhancing the prospects for education companies [11] - New interagency agreements aim to streamline program delivery and reduce administrative burdens, while a national policy established in April 2025 focuses on advancing AI education [11][12] Stock Performance - Chegg (CHGG) has a Zacks Rank of 1, with a projected earnings growth of 228.6% for 2026 despite a year-to-date drop of 42.9% [16] - Adtalem (ATGE) holds a Zacks Rank of 2, with a fiscal 2026 EPS estimate of $7.85 and expected growth of 17.7% [17] - Grand Canyon Education (LOPE) has a Zacks Rank of 2, with a projected earnings growth of 11.2% for 2026 [18] - Nerdy (NRDY) carries a Zacks Rank of 2, with an expected growth of 35.9% for 2026 despite a year-to-date decline of 16.7% [19] - Legacy Education (LGCY) also holds a Zacks Rank of 2, with a projected earnings growth of 11.9% for 2026 and a year-to-date gain of 23.8% [20]