Welcome to our dedicated page for Lincoln Edl Svcs news (Ticker: LINC), a resource for investors and traders seeking the latest updates and insights on Lincoln Edl Svcs stock.
News about Lincoln Educational Services Corporation (Nasdaq: LINC) focuses on its role as a provider of career-oriented post-secondary education and specialized technical training. Company announcements regularly cover financial results, campus development, and program expansions that reflect demand for skilled labor in fields such as skilled trades, automotive, health sciences and information technology.
Investors and observers following LINC news will see recurring updates on quarterly earnings, student enrollment trends, and guidance communicated through press releases that are also furnished on Form 8-K. These items highlight metrics such as revenue growth, student starts and student population, as well as commentary from management on operating performance and growth plans.
Lincoln’s news flow also includes details on campus openings, relocations and expansions. Recent releases describe new or relocated campuses in markets including Nashville, Tennessee; Levittown, Pennsylvania; Houston, Texas; East Point, Georgia; and a planned campus in Rowlett, Texas, along with construction of a campus in Hicksville, New York. The company presents these developments as part of a broader campus expansion strategy in markets it characterizes as under-served for technical and skills training.
Program-related news highlights the introduction or return of specific training offerings, such as electrical and electronic systems technology at the South Plainfield, New Jersey campus and advanced manufacturing with robotics at the Mahwah, New Jersey campus. Other releases note external recognition, including campuses named among “America’s Top Vocational Schools” in a USA Today list.
This page aggregates such announcements so readers can review Lincoln Educational Services’ earnings releases, campus initiatives, program launches and recognition in one place. For those tracking LINC, the news stream provides context on how the company is positioning its technical education offerings and campus network over time.
Lincoln Educational Services Corporation (Nasdaq: LINC) announced that CEO Scott Shaw will present at the Lytham Partners Virtual Investor Conference on October 6, 2020, at 10:00am EDT. Following the presentation, a Fireside Chat will be held with investors. The next day, Mr. Shaw will conduct virtual one-on-one meetings with interested investors. Shaw emphasized the company's commitment to addressing the skills gap in the U.S. workforce and the growing demand for trained workers across various sectors.
Lincoln Educational Services Corporation (Nasdaq: LINC) announced its participation in the Colliers Institutional Investor Conference on September 10, 2020. CEO Scott Shaw and CFO Brian Meyers will present an overview of the company's progress and achievements. Shaw emphasized Lincoln's role in addressing the skills gap exacerbated by rising unemployment rates, positioning the company as a key player in facilitating career transitions into essential fields. The event will include virtual meetings between Lincoln executives and investors.
Lincoln Educational Services Corporation (NASDAQ: LINC) announced that Zacharey Smith, a 2015 graduate from the Denver campus, has been named Outstanding Graduate of the Year by ACCSC. Smith operates Best Mobile Auto & Diesel, offering mobile mechanic services in Denver. His business gained acclaim by servicing over 150,000 vehicles, including contracts with Uber. The recognition highlights Smith's academic achievements and his contribution to Lincoln's students through mentorship and internship programs. Lincoln Tech continues to provide diverse career-oriented education across various sectors.
Lincoln Educational Services Corporation (Nasdaq: LINC) will showcase its recent achievements and progress at the Barrington Research Virtual Fall Investor Conference on September 9, 2020. Executives Scott Shaw and Brian Meyers will lead the discussion, emphasizing the company’s role in addressing the skills gap amid rising unemployment. Shaw noted Lincoln's potential to equip Americans with essential skills for new careers in growing fields, underlining a commitment to enhancing shareholder value.
Lincoln Educational Services Corporation (NASDAQ: LINC) announced that Gabriel Denison, a student from its New Britain, CT campus, has received a $10,000 Work Ethic Scholarship from the Mike Rowe Works Foundation. Denison, who is pursuing training in Heating, Ventilation and Air Conditioning (HVAC), was one of fewer than 200 recipients nationwide. The scholarship aims to support students in hands-on trades education, alleviating financial burdens. Lincoln Tech, a leader in career-oriented education, continues to empower students across diverse fields, including automotive technology and health sciences.
Lincoln Educational Services Corporation (Nasdaq: LINC) reported second-quarter 2020 results with revenues of $62.5 million, a 1.7% decline year-over-year. Student starts surged 15.2%, contributing to a 7.5% increase in ending student population. Despite the impact of COVID-19, EBITDA reached $3.0 million, while net income improved to $800,000, or $0.02 per diluted share. The company saw lower operating costs due to effective management strategies, and all campuses were gradually reopening. Lincoln received approximately $27.4 million from the CARES Act to support educational continuity.
Lincoln Educational Services Corporation (NASDAQ: LINC) announces the appointment of Carlton Rose and Dr. Michael Plater to its Board of Directors, following the retirement of Alvin "Bud" Austin. Rose, President of Global Fleet Maintenance at UPS, brings expertise in transportation, while Plater, with a robust educational background, aims to enhance Lincoln's mission of addressing the Skills Gap. Chairman Barry Morrow commended Austin for his contributions. The company, a leader in technical training, operates 22 campuses nationwide, offering programs across diverse fields.
Lincoln Educational Services Corporation (Nasdaq: LINC) will host a conference call on August 11, 2020, at 10:00 a.m. Eastern time to discuss its second-quarter financial results. A news release detailing these results will be issued by 9:30 a.m. on the same day. Interested parties can access the live webcast via Lincoln's investor relations website or by dialing in, using the provided access code. An archived version of the webcast will be available for 90 days, while a replay of the call will be accessible for seven days.
Lincoln Educational Services Corporation (NASDAQ: LINC) has officially reopened its Queens, NY campus for on-site instruction as of August 3, 2020. This marks the return of all 22 Lincoln Tech campuses to normal operations, with safety measures like social distancing and face masks in place. Currently, around 380 students are enrolled, focusing on essential careers in automotive technology and electrical systems. The reopening aligns with the company's commitment to health and safety while ensuring effective education delivery through a blended learning format.
Lincoln Educational Services Corporation (NASDAQ: LINC) has received over $110,000 in new training equipment for its Diesel Technology program at the Denver campus, thanks to Terex Corporation's donation. This partnership aims to enhance career opportunities for students, featuring an internship program to place graduates in entry-level diesel technician positions across six states. The donation includes essential equipment like Cummins engines, addressing the demand for skilled technicians in Colorado and nearby areas.