Lincoln Educational Services Gears Up for Investor Conference
Lincoln Educational Services Gears Up for Important Investor Conference
Lincoln Educational Services Corporation (NASDAQ: LINC), a prominent name in specialized technical training for over 75 years, is set to make its mark at the upcoming Southwest IDEAS Investor Conference. This prestigious event, where Scott Shaw, the President and CEO, will share insights into the company's progress, is drawing attention from institutional investors eager to learn about Lincoln's recent successes.
Highlighting Impressive Growth Statistics
During the conference, Mr. Shaw will discuss Lincoln's remarkable performance in the third quarter, indicating a robust 15% revenue growth. Furthermore, the number of student starts surged by 21.1%, showcasing the company's effectiveness in attracting new learners. The increase in adjusted EBITDA by an impressive 67% compared to the previous year's third quarter further emphasizes the effectiveness of their strategic initiatives.
Overview of the Company's Strategy
Mr. Shaw is excited to elaborate on the driving forces behind this growth. He will provide an overview of Lincoln's ambitious long-term business strategy aimed at enhancing shareholder value. The conversation promises to highlight how the company is not just expanding but doing so in a sustainable manner.
The Growing Demand for Skilled Trades Training
“Our strong third-quarter results reflect our commitment to growth initiatives, including new campus openings and the replication of successful programs at existing locations,” stated Mr. Shaw. He pointed out the escalating interest in skilled trades as viable alternatives to traditional four-year college routes, a trend that resonates well with students and institutional investors alike.
About Lincoln Educational Services Corporation
Founded in 1946, Lincoln Educational Services Corporation stands as a leader in career-oriented post-secondary education. The company focuses on addressing America’s skills gap through diversified programs in automotive technology, health sciences, skilled trades, business information technology, and hospitality services. With 22 campuses across 13 states under various brand names, Lincoln is dedicated to providing optimal training to both recent high school graduates and working adults.
Contact Information for Investor Inquiries
If you wish to reach out for further information, you can contact Michael Polyviou at EVC Group LLC via telephone at 732-933-2754 or via email at mpolyviou@evcgroup.com.
Frequently Asked Questions
What is the purpose of the Southwest IDEAS Investor Conference?
The conference serves as a platform for companies like Lincoln Educational Services to present their growth strategies, performance metrics, and future Outlook to institutional investors.
Who is Scott Shaw?
Scott Shaw is the President and CEO of Lincoln Educational Services Corporation, an experienced leader in the field of technical training and education.
How has Lincoln Educational Services performed recently?
Recently, the company reported a 15% revenue growth, a 21.1% increase in student starts, and a 67% rise in adjusted EBITDA year-over-year.
What are Lincoln's main areas of study?
Lincoln offers programs in five primary areas: automotive technology, health sciences, skilled trades, business information technology, and hospitality services.
How can investors get in touch with Lincoln Educational Services?
Investors can contact Michael Polyviou from EVC Group LLC via email at mpolyviou@evcgroup.com or by calling 732-933-2754 for more information.
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