Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts During Second Quarter 2024

PARSIPPANY, N.J., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (NASDAQ:LINC) today announced financial and operating results for the second quarter ended June 30, 2024, as well as recent business developments. Second Quarter 2024 Financial Highlights* Revenue grew 16.1% to $102.9 million Student starts increased 12.3%; 11.4% increase in quarter-end student population Net loss of$ 700,000 and Adjusted EBITDA of $6.2 million Total liquidity of more than$ 100 million; no debt outs ...