Lincoln Tech

Lincoln Tech Opens New Atlanta Campus; Grand Opening Takes Place May 9th

Retrieved on: 
Friday, May 3, 2024
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The campus is Lincoln’s second in the Atlanta area.

Key Points: 
  • The campus is Lincoln’s second in the Atlanta area.
  • Associate degree-granting Service Management programs will also be available for students looking to further their career opportunities after graduation.
  • The East Point campus will introduce new programs and open new career paths for our students.”
    The opening of the new campus will not impact the Marietta campus, located north of Atlanta.
  • * Career growth projections can be found at onetonline.org for the years 2020-2030 and are current as of April 17, 2024.

Lincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call

Retrieved on: 
Thursday, April 25, 2024
LINC, Conference, News, PIN, Lincoln Tech

PARSIPPANY, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its first quarter financial results on Monday, May 6, 2024 at 10:00 a.m. Eastern time.

Key Points: 
  • PARSIPPANY, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its first quarter financial results on Monday, May 6, 2024 at 10:00 a.m. Eastern time.
  • A news release outlining Lincoln’s results will be issued before 9:30 a.m. Eastern time on that day.
  • To access the live webcast of the conference call, please go to the investor relations section of Lincoln’s website at http://www.lincolntech.edu .
  • Participants may also register via teleconference at: Q1 2024 Lincoln Educational Services Earnings Conference Call .

Maryland CareerQuest Connects Area Students with Training and Education Opportunities for Hands-On Careers

Retrieved on: 
Tuesday, April 23, 2024
Republic Services, FAFSA, LINC, City, Transport, Student, Local union, Plumber, Fortis College, Welding, Veteran, Lincoln Tech, AVP, Workforce, Military, School, HVAC, Organization, Health, Nursing

Hotel in Hanover, MD on Monday, April 29 beginning at 10am will feature a keynote address by Maryland Lieutenant Governor Aruna Miller.

Key Points: 
  • Hotel in Hanover, MD on Monday, April 29 beginning at 10am will feature a keynote address by Maryland Lieutenant Governor Aruna Miller.
  • Maryland CareerQuest 2024 will include workshops led by industry representatives, outlining the opportunities in today’s job market and detailing the qualifications job seekers will need.
  • Lincoln Tech, other career schools, and community colleges will assist attendees in determining what types of career training programs are available to them.
  • "Maryland CareerQuest ‘24 goes beyond the four-year degree," says Frank Galindo, AVP of Public Relations for Lincoln Tech.

Lincoln Tech Awards Scholarships to Two Chicago-area Students

Retrieved on: 
Tuesday, April 16, 2024
Education, CDL, Life, Senior, Amoco, LINC, Lincoln, History, Family, GPA, Lincoln Tech, Sibling, BP, Student, Nursing

The campus has been one of Lincoln Tech’s longest-running schools, with a history of strong placement rates for graduates and close partnerships with area employers.

Key Points: 
  • The campus has been one of Lincoln Tech’s longest-running schools, with a history of strong placement rates for graduates and close partnerships with area employers.
  • Martiez Caffey and Dalia Alvarez will receive the Lawrence Arthur Pritchett Memorial Scholarship Award, which is funded through the Lincoln Foundation for Education, Inc. (LiFE).
  • His family created the scholarship in his honor so that other students could pursue career training for the industry he was so passionate about.
  • Commitment to their future career paths is what solidified the choice of these two particular students for the scholarship.

Lincoln Educational Services Projects Student Start Growth of Approximately 15% During First Quarter 2024

Retrieved on: 
Tuesday, March 19, 2024
Lincoln Tech, Growth, LINC

PARSIPPANY, N.J., March 19, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), which is hosting its first Investor Day today at its new East Point campus in Georgia, expects to continue its strong business momentum during the first quarter ending March 31, 2024. Student start growth is projected to significantly improve from the prior year, with growth of approximately 15.0% compared to 6.4%, excluding the transitional segment in 2022.

Key Points: 
  • Student start growth is projected to significantly improve from the prior year, with growth of approximately 15.0% compared to 6.4%, excluding the transitional segment in 2022.
  • “Our team continues to successfully execute the Company’s transformative growth strategies as the interest in skilled trade careers continues to grow,” said Scott Shaw, President and CEO.
  • Participants may also register at: Lincoln Educational Services Investor Day .
  • The Company plans to report financial results for the three months ending March 31, 2024 on May 6, 2024.

Lincoln Educational Services Corporation Announces Barry Morrow’s Retirement as Chair of the Board and Names John Bartholdson as Chair following the 2024 Annual Meeting of Shareholders

Retrieved on: 
Friday, March 15, 2024
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PARSIPPANY, N.J., March 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that J. Barry Morrow has notified the Company’s Board of Directors of his decision not to stand for re-election at the Company’s 2024 Annual Meeting of Shareholders.

Key Points: 
  • PARSIPPANY, N.J., March 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that J. Barry Morrow has notified the Company’s Board of Directors of his decision not to stand for re-election at the Company’s 2024 Annual Meeting of Shareholders.
  • Mr. Morrow joined the Board in 2006 and currently serves as non-executive Chair of the Board.
  • The Company also announced that the Board of Directors had selected current Board member John A. Bartholdson to succeed Mr. Morrow as the next Chair of the Board following the 2024 Annual Meeting of Shareholders to be held in May.
  • Mr. Bartholdson has been a member of the Board of Directors since 2019.

Lincoln Educational Services Hosting Investor Day on March 19th

Retrieved on: 
Tuesday, March 12, 2024
Lincoln Tech, Interest, EDT, LINC

Parsippany, NJ, March 12, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it will host an Investor Day at its East Point, GA campus, on Tuesday, March 19, 2024, with presentations starting at 12:00 pm EDT.

Key Points: 
  • Parsippany, NJ, March 12, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it will host an Investor Day at its East Point, GA campus, on Tuesday, March 19, 2024, with presentations starting at 12:00 pm EDT.
  • To access the live Investor Day webcast, please go to the ‘Events’ section of the Investor Relations page within Lincoln’s website at http://www.lincolntech.edu/investor-events .
  • Copies of the slides presented during the Investor Day event will be available via the website.
  • A replay of the Investor Day webcast will also be available after the event via Lincoln’s website.

Lincoln Educational Services to Highlight Recent Growth and Operating Momentum at the Sidoti Spring 2024 Small Cap Conference

Retrieved on: 
Monday, March 11, 2024
LINC, Health, Lincoln Tech, Lincoln, Conference

Mr. Shaw’s presentation will be webcast on Thursday, March 14th beginning at 9:15am EDT.

Key Points: 
  • Mr. Shaw’s presentation will be webcast on Thursday, March 14th beginning at 9:15am EDT.
  • In addition to the presentation, Mr. Shaw will also be hosting virtual one-on-one meetings throughout the day on both Wednesday and Thursday, March 13th and 14th, respectively.
  • Management will discuss the Company’s progress on their strategic goals, including highlighting their most recent quarterly performance.
  • “I believe the recent business momentum has piqued investors and the Sidoti conference allows us to connect with both new and existing investors,” commented Mr. Shaw.

Lincoln Educational Services Reports Results for Fourth Quarter and Full Year 2023

Retrieved on: 
Monday, February 26, 2024
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PARSIPPANY, N.J., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the fourth quarter and full year ended December 31, 2023, as well as recent business developments.

Key Points: 
  • ET
    PARSIPPANY, N.J., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced financial and operating results for the fourth quarter and full year ended December 31, 2023, as well as recent business developments.
  • “During the fourth quarter, we achieved a 16% increase in student starts, all from existing campus operations, and grew revenue to more than $100 million.
  • The Lincoln 10.0 platform’s hybrid teaching model increases program efficiency and delivers accelerated revenue recognition in certain evening programs.
  • Educational services and facilities increased $4.5 million, or 12.4% to $41.0 million from $36.5 million in the prior year comparable period.

Lincoln Educational Services Announces New $40 Million Revolving Credit Facility Increasing Capital Resource Flexibility

Retrieved on: 
Friday, February 23, 2024
LINC, Lincoln Tech, Lincoln, Fifth Third Bank, Student, Bank

Parsippany, NJ, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it has entered into a $40 million revolving credit facility with Fifth Third Bank.

Key Points: 
  • Parsippany, NJ, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it has entered into a $40 million revolving credit facility with Fifth Third Bank.
  • “This new revolving credit facility, complemented with an already robust balance sheet, enhances additional financial resources to execute our near- and longer-term growth initiatives,” commented Scott Shaw, Lincoln’s President & CEO.
  • “We remain committed to our students and the proceeds from this credit facility will allow Lincoln greater financial flexibility to continue delivering positive student experiences.
  • Additional information regarding the terms of the new credit facility are contained in a Form 8-K filed with the SEC.