|05.11.17||Lincoln Educational Services Reports First Quarter Results; Student Starts for Transportation & Skilled Trades Segment Up 3.9%|
|Board Ends Divesture Process for Healthcare and Other Professions Segment (HOPS)
Total Revenue of $65.3 Million; Transportation & Skilled Trades $42.2 Million, Healthcare and Other Professions $18.8 Million; and Transitional $4.3 Million
Repays and Replaces $44.3 Million Term Loan with New Up-to-$55.0 Million Secured Revolving Credit Facility Having More Favorable Terms
Enters into Additional $8.0 Million Short Term Secured Term Loan Collateralized by West Palm Beach Property that i... |
|04.11.17||Lincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call|
|WEST ORANGE, N.J., April 11, 2017 (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 Thursday, May 11, 2017 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 h... |
|04.07.17||Lincoln Tech, Schmidt Peterson Motorsports Send Automotive Student to Grand Prix of Long Beach|
|Denver Campus Trainee Will Experience Life as a Crew Member at Long Beach This Weekend
WEST ORANGE, N.J., April 7, 2017 /PRNewswire/ -- Lincoln Technical Institute (NASDAQ: LINC), a national leader in specialized automotive training, will send Tyler Crist, a student from the Denver, CO campus, to this weekend's Verizon IndyCar Series event in Long Beach, CA. Crist will participate as a member of the race team; he is the first of six students to be chosen this season as Lincoln Tech and Schm... |
|04.06.17||Lincoln Educational Services Completes New $55 Million Secured Revolving Credit Facility Increasing Capital Resource Flexibility and Creating $3 Million in Lower Interest Costs|
|WEST ORANGE, N.J., April 06, 2017 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq:LINC), announced today it has completed a new $55 million secured revolving credit facility with Sterling National Bank. The new credit facility, which expires in May 2020, replaces an existing $45 million term loan that has been repaid in full and terminated concurrently with the closing of the new credit facility.
"This new credit facility provides us with a number of advantages over our... |