Performance was driven by a 13-quarter streak of student start growth, fueled by a societal shift toward skilled trades as the value of traditional four-year degrees is increasingly questioned. Management attributes the 15.7% start growth to a combination of new greenfield campuses and program replications, alongside a robust 4% organic growth rate in core operations. The Lincoln 10.0 hybrid teaching platform has improved instructional efficiency and organizational productivity by reducing the time st ...

Houston, Texas: The company opened a new campus in Houston, with classes beginning in late September. Shaw said early enrollments at campuses opened in 2025 are meeting or exceeding expectations and are expected to support continued start growth in 2026.Philadelphia area: Lincoln relocated its Philadelphia automotive technician program to a 90,000-square-foot facility in Levittown, Pennsylvania, and added newly opened HVAC, electrical, and welding programs alongside automotive training.Nashville, Tennessee: ...

Financial Data and Key Metrics Changes - In Q4 2025, Lincoln Educational Services reported a revenue increase of $25.2 million, or 21.4%, reaching $142.9 million [20] - Net income surged over 70% to $12.7 million, equating to $0.40 per diluted share, while adjusted net income rose to $15.8 million, or $0.50 per diluted share [24] - Adjusted EBITDA increased by 51.2% to $29.1 million, with an EBITDA margin expanding over 400 basis points to 20.4% [24] Business Line Data and Key Metrics Changes - Student starts grew by 15.7% in Q4, marking 13 consecutive quarters of growth, with transportation and skilled trades accounting for 80% of the student population and generating a 23.4% increase [9][22] - Healthcare and other professions, representing about 20% of the population, saw a 2% decline in starts, attributed to the exit from the culinary program and a pause in nursing enrollments [22][41] Market Data and Key Metrics Changes - The company is expanding its presence in Texas, with a new campus in Houston, and anticipates significant job creation in skilled trades in the region [11][12] - The demand for skilled trades training is increasing as employer needs outpace supply, with a growing public interest in alternatives to traditional four-year college education [7][8] Company Strategy and Development Direction - Lincoln is focusing on expanding its network of schools and replicating in-demand programs at existing campuses to address the skills gap in the U.S. [18] - The company plans to initiate two new campus projects each year, with new campuses in Hicksville, New York, and Rowlett, Texas, expected to open in 2026 [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth trends for 2026, projecting revenue could approach $600 million, with adjusted EBITDA expected to grow by approximately 30% [17][30] - The company is optimistic about the demand for skilled trades and the effectiveness of its hybrid teaching model, which combines hands-on learning with online instruction [15][18] Other Important Information - The company has made significant strides in reducing bad debt levels, which, along with operational efficiencies, is expected to enhance the student experience and profitability [17] - Lincoln's graduation rate declined to 67.5%, while the placement rate increased to 82.8% [67] Q&A Session Summary Question: Demand for high school initiatives - Management noted a shift in high school receptiveness to skilled trades, with expectations for growth in high school student enrollment over the next few years [38] Question: Performance in healthcare and other professions - Management indicated that healthcare sector growth is expected to resume with the re-enrollment of nursing students, despite previous declines due to program exits [41][42] Question: 2026 guidance assumptions - Management discussed the balance of organic growth and new campuses contributing to the 2026 guidance, emphasizing the importance of existing programs [48][52] Question: CapEx and expansion opportunities - Management confirmed that the East Point campus expansion is on track, with potential for similar expansions at other campuses based on market demand [55][57] Question: Graduation and placement rates - Management provided metrics indicating a graduation rate of 67.5% and a placement rate of 82.8%, with expectations for improvement in high school initiatives [67][68]

（来源：唐山劳动日报） 本报讯 （记者梁赞英 通讯员韩志红)近日，由河北省教育厅主办的2026年河北省职业院校技能大赛焊接 技术赛项收官。滦南县职教中心焊接技术应用专业两支参赛队凭借精湛技艺和出色临场发挥，最终从44 支参赛队伍中脱颖而出，分获一、二等奖，喜提焊接省赛九连冠。 本次赛事设立"实操竞技"和"综合展示"两大模块。其中"实操竞技"模块占总分数80%，涵盖焊条电弧 焊、钨极氩弧焊、熔化极气体保护焊及机器人熔化极混合气体保护焊四项核心赛项。"综合展示"模块占 总分20%。滦南县职教中心参赛选手沉着冷静、稳扎稳打，凭借扎实的操作熟练度顶住4小时高强度比 赛压力，在规定时间内高质量完成各类试件的焊接任务，取得优异成绩。 近年来，滦南县职教中心坚持"以赛促教、以赛促学、以赛促改，以赛促建"，不断完善竞赛育人模式， 实现技能大赛获奖数量和层次新提升。截至目前，该校已和54家知名企业开设"冠名班"，实行订单培 养，累计输送毕业生近4000人。中心将企业真实生产环节引入校园，建成7个校内实训基地、71个实训 室，设备总值近4800万元。校企共同技术攻关，已荣获多项专利和省级科技成果。 ...

Conestoga Capital Advisors, an asset management company, released its fourth-quarter 2025 investor letter. US equities experienced solid returns in 2025, with double-digit gains across all major indices. A copy of the letter can be downloaded here. In 2025, the Conestoga Micro Cap Composite met its purpose of preserving capital during negative market returns and capturing upside during strong market returns. Micro Caps faced significant volatility in 2025. During the course of events, Conestoga Micro Cap Co ...

Core Viewpoint - Lincoln Educational Services Corporation will host a conference call to discuss its fourth quarter and year-end financial results on February 23, 2026, at 10:00 a.m. Eastern time [1]. Group 1: Conference Call Details - The conference call will be accessible via a live webcast on Lincoln's investor relations website [2]. - Participants can register for the teleconference and will receive a personalized PIN for access [2]. - Registration is recommended at least 15 minutes before the call starts [2]. Group 2: Company Overview - Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education [4]. - The company offers programs in skilled trades, automotive technology, health sciences, and information technology [4]. - Lincoln has been providing skilled technicians since its establishment in 1946 [4]. Group 3: Operational Footprint - Lincoln operates 22 campuses across 12 states under three brands: Lincoln College of Technology, Lincoln Technical Institute, and Nashville Auto Diesel College [5].

Core Insights - Lincoln Educational Services is expected to report Q4 2025 earnings of $0.42 per share on February 23, 2026 [2] - The stock price opened at $28.90, with a market cap of $913.82 million and a P/E ratio of 64.22 [3] Financial Performance - The company has a 50-day moving average of $25.15 and a 200-day moving average of $22.44 [3] - The stock has fluctuated between a 12-month low of $14.10 and a high of $30.21 [3] Insider Activity - Director Kevin M. Carney sold 13,866 shares at an average price of $22.18, resulting in a total transaction of approximately $307,547.88, reducing his ownership by 35.84% [4] Institutional Holdings - 72.23% of Lincoln Educational Services' stock is owned by institutional investors [5] - Notable institutional activity includes MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increasing its stake by 3.7% and Intech Investment Management LLC by 6.5% [5][6] Analyst Ratings - Wall Street Zen upgraded the stock from "hold" to "buy" [7] - B. Riley Financial raised the price target from $27.00 to $33.00, maintaining a "buy" rating [7][8] - The consensus rating is "Buy" with a price target of $29.00 [8] Company Overview - Lincoln Educational Services provides career-focused post-secondary vocational education in the U.S. under the Lincoln Tech and Lincoln Culinary Institute brands [9] - The company offers programs in automotive technology, skilled trades, health sciences, information technology, culinary arts, and public safety [10]

This presentation contains forward-looking statements within the meaning of the safe harbor from civil liability provided for such statements by the Private Securities Litigation Reform Act of 1995 (set forth in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). Forward-looking statements may contain words such as "goal," "target," "future," "estimate,""expect," "anticipate," "intend," "plan," "believe," "seek," "project," "may," "shou ...

Core Insights - Universal Technical Institute (UTI) is expanding its operations by opening new campuses in Atlanta and San Antonio, scheduled for Summer 2026 and Spring 2026 respectively, pending regulatory approvals [1][2][3] Group 1: Campus Details - UTI-Atlanta will be the first campus in Georgia, featuring a 117,000 square foot facility that will offer training programs in automotive, diesel, aviation, electrical, robotics and automation, HVACR, and welding [2] - UTI-San Antonio will focus exclusively on skilled trades programs, with a 51,000 square foot facility offering training in aviation, welding, HVACR, and electrical training suites [3] Group 2: Accreditation and Enrollment - Both campuses have applied for accreditation from the Accrediting Commission of Career Schools and Colleges (ACCSC), which is recognized by the U.S. Department of Education [4] - Prospective students can begin the enrollment process through the UTI website [4] Group 3: Company Overview - Universal Technical Institute, founded in 1965, is a leading provider of workforce solutions, operating 17 campuses in 10 states under its UTI division, and 18 campuses in eight states under Concorde Career Colleges [5]

转自：衢州日报 （来源：衢州日报） 三篇案例全部入选，是衢州第二中专长期坚持深化职业教育改革、聚力推进产教融合的重要体现和阶段 性成果。 本报讯 （记者 郑理致 通讯员 郭超婷） 近日，浙江省教育科学研究院公布了2025年省职业教育改革典 型案例入选名单，衢州第二中专报送的三篇案例全部成功入选，创造了该校历史最佳成绩，同时也是本 次评选中衢州市中职学校取得的最好成果。 此次入选的三篇案例涵盖了服务乡村振兴、促进城乡融合和深化产教融合等多个关键领域。其中，《小 猕猴桃 大共富经：服务"土特产富"重大战略的山区县涉农匠才培养创新》与《从"断点"到"通途"：城乡 共富的县域职教接驳行动》两篇案例获评"优秀典型案例"。前者以"猕猴桃产业学院"为载体，创新"项 目全流程+AI赋能+岗课赛证融合"育人模式，着力破解产学脱节难题，有效助力了农户增收与产业升 级。后者聚焦城乡融合发展，构建了"平台、技术、体验、人才"四维互通体系，有力推动了城乡资源对 接与人才协同共育。另一篇案例《双线驱动 平台赋能：门业定制家居产业学院生态育人的创新实践》 也获评"典型案例"。该案例深化产教融合，系统探索了门业定制家居领域复合型技术技能人才 ...