|06.20.17||Lincoln Tech selected as MINI's exclusive educational partner!|
|WEST ORANGE, N.J., June 20, 2017 /PRNewswire/ -- Lincoln Tech's Grand Prairie, TX campus has served as a training site for BMW North America's Service Technician Education Program (STEP) since 2013. Lincoln Educational Services Corporation (NASDAQ: LINC), parent company of Lincoln Tech, announces that the campus has now launched its first program for MINI STEP. Lincoln Tech in Grand Prairie will serve as the nation's only training site for MINI STEP.
|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... |
|03.01.17||Lincoln Educational Services Corporation Reports Fourth Quarter and Full Year 2016 Results; Achieves All 2016 Guidance Metrics|
|Total Company Q4 Revenue of $72.6 Million; Total Company Full Year Revenue of $285.6 Million
Q4 Revenue from Continuing Operations of $50.3 Million; $196.9 Million for Full Year
Year-End Cash, Cash Equivalents and Restricted Cash of $47.7 Million
Q4 Transportation and Skilled Trades Segment Net Income Up 14.9 % to $9.3 million ; Q4 Segment Student Starts Increase 2.3%
Q4 Healthcare and Other Professions Segment (excluding closed schools) Student Starts Up 6.3%
Provides Prelimi... |
|02.23.17||Lincoln Tech Announces Sponsorship of Schmidt Peterson Motorsports in 2017|
|Associate sponsorship includes opportunities for students to become participating members of the IndyCar team.
WEST ORANGE, N.J., Feb. 23, 2017 /PRNewswire/ -- Lincoln Technical Institute (NASDAQ: LINC), a national leader in specialized automotive training, is proud to announce it will be an associate sponsor of the No. 5 Arrow Electronics Honda driven by James Hinchcliffe for Schmidt Peterson Motorsports (SPM) in the 2017 season of the Verizon IndyCar Series competition.
|02.10.17||Lincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2016 Earnings Release and Conference Call|
|WEST ORANGE, N.J., Feb. 10, 2017 (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 Wednesday, March 1, 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... |
|01.17.17||Lincoln Tech Launches New Training Programs For Welding Careers in Texas, Tennessee|
|GRAND PRAIRIE, Texas, Jan. 17, 2017 /PRNewswire/ -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training, is introducing two new training options this spring to help students begin hands-on careers that fill critical needs in the American job market. In Nashville, TN a new Welding Technology program is now available, and the Grand Prairie, TX campus will begin offering an expanded Welding Technology program featuring pipefitting ... |