News Releases

Date Title
12.09.19
Summary ToggleLincoln Educational Services Corporation Reports 10b5-1 Plan Establishment By President & CEO; Directors’ Open Market Purchases of Common Shares; Reiterates Full Year 2019 Guidance Summary ToggleLincoln Educational Services Corporation Reports 10b5-1 Plan Establishment By President & CEO; Directors’ Open Market Purchases of Common Shares; Reiterates Full Year 2019 Guidance WEST ORANGE, N.J. , Dec. 09, 2019 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), today reports that Scott Shaw , Lincoln’s President and Chief Executive Officer, has established a personal stock trading plan in accordance with Rule 10b5-1 under the Securities and
11.14.19
Summary ToggleLincoln Educational Services Corporation Increases Liquidity and Strengthens Balance Sheet to Leverage Growth Opportunities; Completes $60 Million New Credit Facility and Raises $12.7 Million in Private Placement of Convertible Preferred Stock Summary ToggleLincoln Educational Services Corporation Increases Liquidity and Strengthens Balance Sheet to Leverage Growth Opportunities; Completes $60 Million New Credit Facility and Raises $12.7 Million in Private Placement of Convertible Preferred Stock WEST ORANGE, N.J. , Nov. 14, 2019 (GLOBE NEWSWIRE) -- Positioning itself for future growth opportunities, Lincoln Educational Services Corporation (Nasdaq: LINC) completed two financing transactions increasing liquidity by approximately $35 million and bolstering its balance sheet.    The
11.14.19
Summary ToggleLincoln Educational Services Corporation Earns Net Income of $1.3 million, Generates Eighth Consecutive Quarter of Student Start Growth During Third Quarter; Reiterates Full Year Guidance Summary ToggleLincoln Educational Services Corporation Earns Net Income of $1.3 million, Generates Eighth Consecutive Quarter of Student Start Growth During Third Quarter; Reiterates Full Year Guidance Conference call today at 10 a.m. ET WEST ORANGE, N.J. , Nov. 14, 2019 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today reported operating and financial results for the third quarter and nine months ended September 30, 2019 .
11.11.19
Summary ToggleLincoln Educational Services Corporation Schedules Third Quarter Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules Third Quarter Earnings Release and Conference Call WEST ORANGE, N.J. , Nov. 11, 2019 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its third quarter financial results on Thursday, November 14, 2019 at 10:00 a.m. Eastern time .
10.22.19
Summary ToggleLincoln Tech Graduate Wins National Tech Competition Summary ToggleLincoln Tech Graduate Wins National Tech Competition WEST ORANGE, N.J. , Oct. 22, 2019 /PRNewswire/ -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training, recently announced that Travis Cox of Lincoln Tech's  East Windsor, CT campus took first place in a national student technician competition
10.15.19
Summary ToggleLincoln Tech's NADC Celebrates 100th Anniversary Summary ToggleLincoln Tech's NADC Celebrates 100th Anniversary NASHVILLE, Tenn. , Oct. 15, 2019 /PRNewswire/ --  Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training, celebrated the 100 th Anniversary of Lincoln Tech's Nashville Auto-Diesel College on Saturday, October 5 th .
10.04.19
Summary ToggleLincoln Tech Hosts Successful Skills Gap Summit in New Jersey Summary ToggleLincoln Tech Hosts Successful Skills Gap Summit in New Jersey   SOUTH PLAINFIELD, N.J. , Oct. 4, 2019 /PRNewswire/ --  Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training, brought together government officials and hiring managers from across the state on Friday, September 27 th for its first New Jersey
09.24.19
Summary ToggleSecond Lincoln Tech Campus Earns AED Foundation Accreditation for Heavy Equipment Training Summary ToggleSecond Lincoln Tech Campus Earns AED Foundation Accreditation for Heavy Equipment Training   SOUTH PLAINFIELD, N.J. , Sept. 24, 2019 /PRNewswire/ -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training, has announced that its South Plainfield, NJ campus has earned accreditation by the Associated Equipment Distributors Foundation
09.17.19
Summary ToggleLincoln Tech Introduces Welding Training Program to Columbia, MD Campus Summary ToggleLincoln Tech Introduces Welding Training Program to Columbia, MD Campus COLUMBIA, Md. , Sept. 17, 2019 /PRNewswire/ --  Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training, will introduce a Welding and Metal Fabrication program at the Columbia, Maryland campus this fall.  The first class is slated for an October
08.20.19
Summary ToggleLincoln Tech & Mazda Brand Announce New Technician Training Opportunity at Queens campus Summary ToggleLincoln Tech & Mazda Brand Announce New Technician Training Opportunity at Queens campus Eligible students may receive loan repayment, guaranteed living wage and more. WHITESTONE , QUEENS, N.Y. , Aug. 20, 2019 /PRNewswire/ --  Lincoln Tech (NASDAQ: LINC), a national leader in career training, recently announced a partnership with Mazda North American Operations.  The automaker's dealer
08.14.19
Summary ToggleLincoln Educational Services Corporation Reports Seventh Consecutive Quarter of Student Start Growth and Improved Operating Performance During Second Quarter; Remains on Target to Achieve Full Year 2019 Profitability Summary ToggleLincoln Educational Services Corporation Reports Seventh Consecutive Quarter of Student Start Growth and Improved Operating Performance During Second Quarter; Remains on Target to Achieve Full Year 2019 Profitability Conference call today at 10 a.m. ET Total revenue increased 4% to $63.6 million ; same school revenue up 6.6%. Same school average student population rose approximately 5.8%. Same school student starts increased approximately 3.6%. Reiterates 2019 guidance. WEST ORANGE, N.J. , Aug.
08.07.19
Summary ToggleLincoln Educational Services Corporation Schedules Second Quarter Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules Second Quarter Earnings Release and Conference Call WEST ORANGE, N.J. , Aug. 07, 2019 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its second quarter financial results on Wednesday, August 14, 2019 at 10:00 a.m. Eastern time .
07.30.19
Summary ToggleLincoln Tech Hosts Lt. Governor Sheila Oliver at Union Campus Summary ToggleLincoln Tech Hosts Lt. Governor Sheila Oliver at Union Campus UNION, N.J. , July 30, 2019 /PRNewswire/ -- With New Jersey employers speaking out about the skills gap that exists in today's workforce, Lt. Governor Sheila Oliver paid a visit to Lincoln Tech's Union campus recently to see firsthand how the state's leading career training school is preparing
05.09.19
Summary ToggleLincoln Educational Services Corporation Student Starts Continued to Grow During First Quarter 2019 While Operating and Financial Performance Continued Favorable Trends; Company Reiterates 2019 Guidance Summary ToggleLincoln Educational Services Corporation Student Starts Continued to Grow During First Quarter 2019 While Operating and Financial Performance Continued Favorable Trends; Company Reiterates 2019 Guidance Same schools starts increased 5.6%. Total revenue up 2.2% to $63.3 million ; same school basis revenue up 6.3%, or $3.8 million . On a same school basis, 2019 beginning population higher by approximately 760 students compared to prior year. Reiterates 2019 full year guidance.
05.03.19
Summary ToggleLincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call WEST ORANGE, N.J. , May 03, 2019 (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 9, 2019 at 10:00 a.m. Eastern time .
04.11.19
Summary ToggleLincoln Tech, Arrow Schmidt Peterson Motorsports Kick Off Third Partnership Season Summary ToggleLincoln Tech, Arrow Schmidt Peterson Motorsports Kick Off Third Partnership Season Mentorship program continues; Lincoln student joining ASPM team for Long Beach race WEST ORANGE, N.J. , April 11, 2019 /PRNewswire/ --  Lincoln Technical Institute (NASDAQ: LINC), a national leader in specialized automotive training, will send Kyle Martin , a student from the Denver, CO campus, to
03.06.19
Summary ToggleLincoln Educational Services Corporation Reports Fourth Quarter & FY 2018 Results; Fifth Consecutive Quarter of Student Start Growth; Total Revenue and Same School Revenue Grew 4% and 7.5% Respectively During Fourth Quarter Summary ToggleLincoln Educational Services Corporation Reports Fourth Quarter & FY 2018 Results; Fifth Consecutive Quarter of Student Start Growth; Total Revenue and Same School Revenue Grew 4% and 7.5% Respectively During Fourth Quarter Total Student Starts increased 11.6%; Same School Student Starts up 12.1%; Transportation and Skilled Trades segment Student Starts up 6.6%; Healthcare and Other Professions segment Student Starts up 19.3%. Total Revenue of $70.1 million ; Transportation and Skilled Trades $49.4 million ;
03.01.19
Summary ToggleLincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2018 Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2018 Earnings Release and Conference Call WEST ORANGE, N.J. , March 01, 2019 (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 6, 2019 at 10:00 a.m. Eastern time .
11.07.18
Summary ToggleLincoln Educational Services Corporation Continues Student Start Growth on Same School Basis; Raises 2018 Guidance and Expects to Achieve Positive Net Income for 2019 Summary ToggleLincoln Educational Services Corporation Continues Student Start Growth on Same School Basis; Raises 2018 Guidance and Expects to Achieve Positive Net Income for 2019 Fourth consecutive quarter of student start growth. Total student starts increased 4.7%; same school starts up 7.5%; Transportation and Skilled Trades segment student starts up 10.2%; Healthcare and Other Professions segment student starts up 0.7%.  Total Revenue of $70.1 million ; Transportation
10.29.18
Summary ToggleLincoln Educational Services Corporation Schedules Third Quarter Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules Third Quarter Earnings Release and Conference Call WEST ORANGE, N.J. , Oct. 29, 2018 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) (“Lincoln”) announced today that it will host a conference call to discuss its third quarter financial results on Wednesday, November 7, 2018 at 10:00 a.m. Eastern time .
08.08.18
Summary ToggleLincoln Educational Services Corporation Reports 11.6% Growth in Student Starts During Second Quarter; 2018 Guidance Raised Summary ToggleLincoln Educational Services Corporation Reports 11.6% Growth in Student Starts During Second Quarter; 2018 Guidance Raised

Total Revenue of $61.1 million ; Transportation and Skilled Trades Segment $42.1 million , Healthcare and Other Professions Segment $19.0 million .   Transportation and Skilled Trades Segment Student Starts up 7.5%; Healthcare and Other Professions Segment Student Starts up 21.1%.

08.01.18
Summary ToggleLincoln Tech Opens Hussmann TechX Center for Advanced Refrigeration Career Training at Grand Prairie, TX Campus Summary ToggleLincoln Tech Opens Hussmann TechX Center for Advanced Refrigeration Career Training at Grand Prairie, TX Campus

Employer will cover tuition, room, board and travel costs for all accepted students as it looks to fill HVAC/R technician positions around the country. WEST ORANGE, N.J. , Aug. 1, 2018 /PRNewswire/ -- Lincoln Tech's Grand Prairie, TX campus opened the Hussmann TechX Advanced Refrigeration training

07.25.18
Summary ToggleLincoln Educational Services Corporation Schedules Second Quarter Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules Second Quarter Earnings Release and Conference Call

WEST ORANGE, N.J. , July 25, 2018 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq:LINC) (“Lincoln”) announced today that it will host a conference call to discuss its second quarter financial results on Wednesday, August 8, 2018 at 10:00 a.m. Eastern time .

05.30.18
Summary ToggleLincoln Tech Expands Partnership with Bridgestone Retail Operations to Provide Nationwide Workforce Development Summary ToggleLincoln Tech Expands Partnership with Bridgestone Retail Operations to Provide Nationwide Workforce Development

WEST ORANGE, N.J. , May 30, 2018 /PRNewswire/ --  Lincoln Educational Services Corporation (NASDAQ: LINC), a leading provider of specialized technical training, has expanded its partnership with Bridgestone Retail Operations (BSRO), building on its current technician training program and helping to

05.09.18
Summary ToggleLincoln Educational Services Corporation Reports First Quarter 2018 Results Summary ToggleLincoln Educational Services Corporation Reports First Quarter 2018 Results

Same School Revenue Increases 1.5%, Same School Student Starts Increases 2.2%, Total Company Revenue $61.9 million Company Announces Partnership with Bridgestone Retail Operations, Third Corporate Partnership Created in 2018 Company Reiterates 2018 Guidance Conference Call Today at 10 a.m.

04.24.18
Summary ToggleLincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call

WEST ORANGE, N.J. , April 24, 2018 (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 Wednesday, May 9, 2018 at 10:00 a.m. Eastern time .

04.12.18
Summary ToggleLincoln Tech, Johnson Controls Team Up To Build Technical Workforce of the Future Summary ToggleLincoln Tech, Johnson Controls Team Up To Build Technical Workforce of the Future

Partnership will enable career opportunities for students in HVAC and electrical fields. WEST ORANGE, N.J. , April 12, 2018 /PRNewswire/ -- Lincoln Educational Services Corporation (NASDAQ: LINC), a leading provider of specialized technical training, has entered into an agreement with Johnson

03.20.18
Summary ToggleLincoln Tech Extends Sponsorship of Schmidt Peterson Motorsports for 2018 Summary ToggleLincoln Tech Extends Sponsorship of Schmidt Peterson Motorsports for 2018 Renewed associate sponsorship builds on successful 2017 season; expands Mentor Program for IndyCar team and select students. WEST ORANGE, N.J. , March 20, 2018 /PRNewswire/ -- Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized automotive training, announced
03.13.18
Summary ToggleLincoln Tech Expands Welding Training to Indianapolis Summary ToggleLincoln Tech Expands Welding Training to Indianapolis New program is part of a nationwide expansion planned for 2018 INDIANAPOLIS , March 13, 2018   /PRNewswire/ --  Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training, will introduce a new Welding and Metal Fabrication training program this
02.28.18
Summary ToggleLincoln Educational Reports 2017 Fourth Quarter and Year End Results Summary ToggleLincoln Educational Reports 2017 Fourth Quarter and Year End Results For the three months ended December 31, 2017 : Student Starts was up 11.2% on a same school basis. Total Student Starts growth was flat in the fourth quarter 2017. Net Income of $7.7 Million ; $9.2 million on a same school basis. Transportation and Skilled Trades Student Starts up 7.2%; Healthcare
02.22.18
Summary ToggleLincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2017 Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2017 Earnings Release and Conference Call WEST ORANGE, N.J. , Feb. 22, 2018 (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, February 28, 2018 at 10:00 a.m. Eastern time .
01.31.18
Summary ToggleLincoln Tech Partners With Commercial Refrigeration Innovator Hussmann Summary ToggleLincoln Tech Partners With Commercial Refrigeration Innovator Hussmann Grand Prairie, TX to open advanced training facility, prepare graduates for careers with Hussmann locations nationwide GRAND PRAIRIE, Texas , Jan. 31, 2018 /PRNewswire/ --  Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training, announced today
11.15.17
Summary ToggleLincoln Tech Helps Fort Dix Inmates Prepare For Careers and New Lives Summary ToggleLincoln Tech Helps Fort Dix Inmates Prepare For Careers and New Lives WEST ORANGE, N.J. , Nov. 15, 2017 /PRNewswire/ --  Lincoln Educational Services Corporation (NASDAQ: LINC), parent company of Lincoln Tech , is proud to announce the completion of career training for inmates of the Fort Dix Federal Correctional Institution in Burlington County , NJ.  Lincoln Tech's
11.08.17
Summary ToggleLincoln Educational Services Reports Improved Operating Performance for Transportation & Skilled Trades and Healthcare and Other Professions Segments for the Third Quarter Summary ToggleLincoln Educational Services Reports Improved Operating Performance for Transportation & Skilled Trades and Healthcare and Other Professions Segments for the Third Quarter Total Revenue of $67.3 Million; Transportation & Skilled Trades Segment $47.7 Million , Healthcare and Other Professions Segment $18.4 Million , and Transitional Segment $1.2 Million for the Three Months Ended September 30, 2017 Revenue for both the Transportation and Skilled Trades Segment and the
10.17.17
Summary ToggleLincoln Educational Services Corporation Schedules Third Quarter Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules Third Quarter Earnings Release and Conference Call WEST ORANGE, N.J. , Oct. 17, 2017 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq:LINC) (Lincoln) announced today that it will host a conference call to discuss its results for its third quarter on Wednesday, November 8, 2017 at 10:00 a.m. Eastern time .
08.16.17
Summary ToggleLincoln Educational Services Corporation Completes Sale of West Palm Beach Properties for $15.75 Million Summary ToggleLincoln Educational Services Corporation Completes Sale of West Palm Beach Properties for $15.75 Million Company Improves Balance Sheet Through Repayment of $8 Million Short-Term Loan WEST ORANGE, N.J. , Aug. 16, 2017 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq:LINC) announced today that its wholly-owned subsidiary, New England Institute of Technology at Palm Beach , Inc.
08.15.17
Summary Toggle"Monster" Mike Schultz, Haas Foundation Grant Highlight 2017 HTEC Conference Summary Toggle"Monster" Mike Schultz, Haas Foundation Grant Highlight 2017 HTEC Conference GRAND PRAIRIE, Texas , Aug. 15, 2017 /PRNewswire/ --  Lincoln Educational Services Corporation (NASDAQ: LINC), a national leader in specialized technical training, was proud to have been selected as host of this year's Haas Technical Education Center (HTEC) Americas CNC Educators Training
08.09.17
Summary ToggleCORRECTION: Lincoln Educational Services Corrects Arithmetical Error in the Reconciliation of Consolidated Net Loss to EBITDA in August 7, 2017 Earnings Release Summary ToggleCORRECTION: Lincoln Educational Services Corrects Arithmetical Error in the Reconciliation of Consolidated Net Loss to EBITDA in August 7, 2017 Earnings Release Total Revenue of $61.9 Million; Transportation & Skilled Trades Segment $41.3 Million , Healthcare and Other Professions Segment (HOPS) $17.9 Million ; and Transitional Segment $2.6 Million Revenue for the Transportation and Skilled Trades Segment Up Approximately 1%, HOPS Revenue Down
08.07.17
Summary ToggleLincoln Educational Services Reports Second Quarter Results; Student Starts for Healthcare and Other Professions Segment Up 2.7% Quarter over Quarter Summary ToggleLincoln Educational Services Reports Second Quarter Results; Student Starts for Healthcare and Other Professions Segment Up 2.7% Quarter over Quarter Total Revenue of $61.9 Million; Transportation & Skilled Trades Segment $41.3 Million , Healthcare and Other Professions Segment (HOPS) $17.9 Million ; and Transitional Segment $2.6 Million Revenue for the Transportation and Skilled Trades Segment Up Approximately 1%, HOPS Revenue Down
07.12.17
Summary ToggleLincoln Educational Services Corporation Schedules Second Quarter Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules Second Quarter Earnings Release and Conference Call
06.20.17
Summary ToggleLincoln Tech selected as MINI's exclusive educational partner! Summary ToggleLincoln Tech selected as MINI's exclusive educational partner!
05.11.17
Summary ToggleLincoln Educational Services Reports First Quarter Results; Student Starts for Transportation & Skilled Trades Segment Up 3.9% Summary ToggleLincoln Educational Services Reports First Quarter Results; Student Starts for Transportation & Skilled Trades Segment Up 3.9%
04.11.17
Summary ToggleLincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules First Quarter Earnings Release and Conference Call
04.07.17
Summary ToggleLincoln Tech, Schmidt Peterson Motorsports Send Automotive Student to Grand Prix of Long Beach Summary ToggleLincoln Tech, Schmidt Peterson Motorsports Send Automotive Student to Grand Prix of Long Beach
04.06.17
Summary ToggleLincoln Educational Services Completes New $55 Million Secured Revolving Credit Facility Increasing Capital Resource Flexibility and Creating $3 Million in Lower Interest Costs Summary ToggleLincoln Educational Services Completes New $55 Million Secured Revolving Credit Facility Increasing Capital Resource Flexibility and Creating $3 Million in Lower Interest Costs
03.01.17
Summary ToggleLincoln Educational Services Corporation Reports Fourth Quarter and Full Year 2016 Results; Achieves All 2016 Guidance Metrics Summary ToggleLincoln Educational Services Corporation Reports Fourth Quarter and Full Year 2016 Results; Achieves All 2016 Guidance Metrics
02.23.17
Summary ToggleLincoln Tech Announces Sponsorship of Schmidt Peterson Motorsports in 2017 Summary ToggleLincoln Tech Announces Sponsorship of Schmidt Peterson Motorsports in 2017
02.10.17
Summary ToggleLincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2016 Earnings Release and Conference Call Summary ToggleLincoln Educational Services Corporation Schedules Fourth Quarter and Year End 2016 Earnings Release and Conference Call
01.17.17
Summary ToggleLincoln Tech Launches New Training Programs For Welding Careers in Texas, Tennessee Summary ToggleLincoln Tech Launches New Training Programs For Welding Careers in Texas, Tennessee
11.29.16
Summary ToggleLincoln Tech's Electronics Students Reach 97% Pass Rate on Certification Exam Summary ToggleLincoln Tech's Electronics Students Reach 97% Pass Rate on Certification Exam