Core Insights - Lincoln Educational reported Q3 CY2025 revenue of $141.4 million, exceeding Wall Street expectations with a year-on-year growth of 23.6% [1][7] - The company's full-year revenue guidance is set at $507.5 million, which is 2.8% above analysts' estimates [1][7] - GAAP profit per share was $0.12, significantly surpassing analysts' consensus of $0.02 [1][7] Company Overview - Lincoln Educational, established in 1946, specializes in providing technical training and career-oriented programs in the United States [4] Revenue Growth - Over the last five years, Lincoln Educational has achieved an annual sales growth rate of 11.6%, which is considered acceptable but below the standards for the consumer discretionary sector [5] - The company has shown an annualized revenue growth of 16.1% over the last two years, indicating positive trends [6] Financial Performance - Revenue of $141.4 million compared to analyst estimates of $131.5 million, representing a 7.5% beat [7] - Adjusted EBITDA was $16.9 million, exceeding analyst estimates of $12.88 million, with a margin of 12% [7] - Free Cash Flow improved to $5.53 million from -$13.76 million in the same quarter last year [7] Student Enrollment - The number of enrolled students reached 18,244, an increase of 2,357 year-on-year [7][8] - The average year-on-year growth of enrolled students over the last two years was 10.8%, which is lower than the revenue growth, indicating improved monetization [8]