LINC

InspireMD Announces Abstract of One-Year Follow-Up Results from the C-GUARDIANS U.S. Investigational Device Exemption (IDE) Clinical Trial Accepted for Presentation at LINC 2024

Retrieved on: 
Tuesday, March 26, 2024

TEL AVIV, Israel and MIAMI, March 26, 2024 (GLOBE NEWSWIRE) -- InspireMD, Inc. (Nasdaq: NSPR), developer of the CGuard™ Embolic Prevention Stent System (EPS) for the prevention of stroke, today announced that an abstract of the one-year outcomes from its C-GUARDIANS IDE clinical trial of the CGuard™ Prime Carotid Stent System for the treatment of carotid artery stenosis has been accepted for presentation at the Leipzig Interventional Course (LINC) 2024, which is being held May 28-31, in Leipzig, Germany.

Key Points: 
  • TEL AVIV, Israel and MIAMI, March 26, 2024 (GLOBE NEWSWIRE) -- InspireMD, Inc. (Nasdaq: NSPR), developer of the CGuard™ Embolic Prevention Stent System (EPS) for the prevention of stroke, today announced that an abstract of the one-year outcomes from its C-GUARDIANS IDE clinical trial of the CGuard™ Prime Carotid Stent System for the treatment of carotid artery stenosis has been accepted for presentation at the Leipzig Interventional Course (LINC) 2024, which is being held May 28-31, in Leipzig, Germany.
  • Chris Metzger, M.D., System Vascular Chief at Ohio Health, and lead investigator of the C-Guardians trial
    Marvin Slosman, chief executive officer of InspireMD, stated, “At last year’s VIVA and VEITH conferences in November, Dr. Metzger, principal investigator for the C-GUARDIANS trial, presented positive 30-day follow-up data from the trial which demonstrated a DSMI1 rate of just 0.95% in the Intent-To-Treat (ITT) analysis population, and 0.63% in the per-protocol (PP) analysis population.
  • We are very excited to announce today that an abstract of the 12-month outcomes data from this important trial has been accepted for presentation at the upcoming LINC 2024 conference, which is among the most influential and widely attended meetings focused on vascular intervention.
  • We are optimistic that the results will show a similar level of neuroprotection, which may support a Premarket Approval Application (PMA) later this year and allow us to prepare for a commercial launch of CGuard Prime in the U.S. in the first half of 2025, if approved.”

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

Retrieved on: 
Tuesday, March 19, 2024

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

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

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

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

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

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.

Lincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2023 Earnings Release and Conference Call

Retrieved on: 
Tuesday, February 20, 2024

PARSIPPANY, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its fourth quarter and year-end financial results on Monday, February 26, 2024 at 10:00 a.m. Eastern time.

Key Points: 
  • PARSIPPANY, N.J., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its fourth quarter and year-end financial results on Monday, February 26, 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: Q4 2023 Lincoln Educational Services Earnings Conference Call .

Lincoln Educational Services Completes the Sale-Leaseback of Newly Acquired Levittown, PA Facility

Retrieved on: 
Thursday, February 1, 2024

The facility will be the future home of Lincoln Tech’s Philadelphia campus, which is being relocated from its current location at 9191 Torresdale Avenue in Philadelphia, where it has been in operation for more than 60 years.

Key Points: 
  • The facility will be the future home of Lincoln Tech’s Philadelphia campus, which is being relocated from its current location at 9191 Torresdale Avenue in Philadelphia, where it has been in operation for more than 60 years.
  • With this move, the campus will be able to offer additional career training programs and accommodate more students.
  • When the new campus opens in Levittown, we’ll be able to support employer demand in these industries as well.
  • While the current campus can accommodate 250 students, the new facility will have more than triple that capacity with room for additional expansion.

Lincoln Tech Campus President Appointed to Maryland State Workforce Development Board

Retrieved on: 
Thursday, January 25, 2024

Cory Hughes, President of Lincoln Tech’s Columbia, MD campus, has been selected to join the Maryland Governor’s Workforce Development Board (GWDB), thanks to his service to area students and employers since 1987.

Key Points: 
  • Cory Hughes, President of Lincoln Tech’s Columbia, MD campus, has been selected to join the Maryland Governor’s Workforce Development Board (GWDB), thanks to his service to area students and employers since 1987.
  • Hughes has served in several capacities at Lincoln Tech, first from 1999 to 2002 and then from 2015 through to his current role today.
  • As a Board member, he will work toward meeting the challenges facing employers across the state in identifying, hiring, and retaining talent for their teams.
  • Under Hughes’ leadership, Lincoln Tech’s Columbia campus provides career training for the Automotive, HVAC, Electrical, Welding, Medical Assisting and Culinary Arts industries.