Lincoln Educational Services Reports 15% Revenue Increase, Adjusted EPS Rises to $0.09 in Q2 2025

Reuters
Aug 14
Lincoln Educational Services Reports 15% Revenue Increase, Adjusted EPS Rises to $0.09 in <a href="https://laohu8.com/S/QTWO">Q2</a> 2025

Lincoln Educational Services Corporation has reported strong results for the second quarter of 2025, showing notable growth across several financial metrics. The company achieved a revenue of $116.5 million, marking a 15% increase from the previous year. The net income for Q2 2025 reached $1.6 million, a significant improvement compared to a net loss of $0.02 million in the same quarter last year. Earnings per share $(EPS)$ rose to $0.05 from a loss of $0.02 per share in the prior year. Adjusted EPS also increased to $0.09, up from $0.05 in the previous year. The company has raised its full-year 2025 guidance, projecting revenue between $490 million to $500 million and adjusted EBITDA between $60 million to $65 million. The net income for the full year is expected to range from $13 million to $18 million, with starts anticipated to grow by 12% to 15%. Capital expenditures are forecasted to be between $75 million and $80 million, with approximately 80% of these expenditures related to growth initiatives, including new campuses, campus relocations, and new programs. Operationally, Lincoln Educational Services is focusing on expanding its hybrid learning model and standardizing curriculum to enhance efficiency. The company is also working on expanding its footprint with the successful relocation of its Nashville, TN campus and the upcoming opening of its Houston, TX campus, which has received regulatory approval. Additionally, the Levittown, PA campus is on track to add three new programs in September. The company continues to focus on organic growth opportunities and exploring new markets for expansion.

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