OverviewSuggest Edit

Lincoln Educational Services provides various career-oriented post-secondary education services in the United States. It offers bachelor's degree, associate's degree, and diploma and certificate programs in automotive technology, skilled trades, healthcare services, hospitality services, and business and information technology areas to recent high school graduates and working adults.
TypePublic
Founded1946
HQWest Orange, US
Websitelincolntech.edu

Latest Updates

Employees (est.) (Dec 2018)1,520(-5%)
Revenue (FY, 2018)$263.2 M
Share Price (Jun 2019)$2.6 (-1%)

Lincoln Educational Services Office Locations

Lincoln Educational Services has an office in West Orange
West Orange, US (HQ)
200 Executive Dr
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Lincoln Educational Services Financials and Metrics

Lincoln Educational Services Revenue

Lincoln Educational Services's revenue was reported to be $263.20 m in FY, 2018
USD

Revenue (FY, 2018)

263.2m

Net income (FY, 2018)

(6.5m)

EBIT (FY, 2018)

(4.0m)

Market capitalization (10-Jun-2019)

65.9m

Closing stock price (10-Jun-2019)

2.6

Cash (31-Dec-2018)

17.6m
Lincoln Educational Services's current market capitalization is $65.9 m.
Annual
USDFY, 2013FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

345.0m193.2m196.9m261.9m263.2m

General and administrative expense

178.5m98.3m103.1m138.8m141.2m

Operating expense total

178.5m192.4m202.1m266.6m267.2m

EBIT

(9.6m)778.0k(5.2m)(4.7m)(4.0m)
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

77.2m84.7m76.7m72.4m79.0m43.4m41.9m49.8m65.3m61.9m67.3m61.9m61.1m

General and administrative expense

45.6m42.3m44.0m41.2m34.9m27.0m23.1m24.4m38.3m35.6m35.5m37.5m34.5m

Operating expense total

45.6m42.3m44.0m41.2m34.9m27.0m23.1m24.4m38.3m35.6m35.5m37.5m72.0m

EBIT

(10.0m)(42.3m)(5.4m)(6.2m)4.6m(6.3m)(2.8m)1.0m(5.7m)(6.0m)(731.0k)(6.3m)(3.5m)
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

12.9m12.3m38.4m21.1m14.6m17.6m

Accounts Receivable

Inventories

2.3m1.5m1.0m1.1m1.7m1.5m

Current Assets

103.6m113.1m105.3m66.3m44.7m57.1m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

6.8m12.7m5.2m4.9m32.4m20.2m11.0m19.2m8.7m7.2m7.3m4.9m3.1m

Inventories

2.2m2.2m1.6m1.6m1.6m1.1m1.3m1.1m1.7m1.9m1.8m1.9m1.8m

Current Assets

45.9m43.5m79.4m80.9m106.6m89.2m79.4m91.2m59.3m52.8m40.2m37.9m36.7m

Goodwill

62.5m23.5m22.2m22.2m22.0m14.5m14.5m14.5m14.5m14.5m14.5m14.5m14.5m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(51.3m)(56.1m)(3.3m)(28.3m)(11.5m)(6.5m)

Depreciation and Amortization

23.7m19.3m14.5m11.1m8.7m8.4m

Inventories

408.0k372.0k9.0k201.0k30.0k206.0k

Accounts Payable

1.5m(2.7m)1.0m742.0k(3.2m)3.8m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

(22.7m)(60.8m)(6.9m)(14.5m)(11.9m)(6.1m)(9.2m)(9.7m)(10.9m)(17.7m)(19.2m)(6.9m)(11.0m)

Depreciation and Amortization

10.0m14.8m7.2m10.7m3.4m6.1m8.6m4.3m6.4m2.1m4.2m

Inventories

76.0k47.0k1.6m(83.0k)(135.0k)(29.0k)(128.0k)24.0k1.7m(197.0k)(100.0k)(253.0k)(145.0k)

Accounts Payable

(3.9m)(5.0m)11.5m3.0m3.3m208.0k(1.1m)3.8m10.6m(28.0k)(3.3m)3.0m5.0m
USDY, 2018

Revenue/Employee

173.2k
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Lincoln Educational Services Online and Social Media Presence

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Lincoln Educational Services News and Updates

Lincoln 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. A news release outl…

Lincoln Educational Services Corporation Student Starts Continued to Grow During First Quarter 2019 While Operating and Financial Performance Continued Favorable Trends; Company Reiterates 2019 Guidance

WEST ORANGE, N.J., May 09, 2019 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today reported financial results for the first quarter ended March 31, 2019 and reiterated full year 2019 guidance.

Lincoln 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. A news release outlining L…

Lincoln 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

WEST ORANGE, N.J., March 06, 2019 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today reported financial results for the fourth quarter and full year ended December 31, 2018.  The Company achieved all of its guidance metrics for 2018.

Lincoln Educational Services Corporation Continues Student Start Growth on Same School Basis; Raises 2018 Guidance and Expects to Achieve Positive Net Income for 2019

WEST ORANGE, N.J., Nov. 07, 2018 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today reported financial results for the third quarter ended September 30, 2018. 
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Lincoln Educational Services Blogs

Campus Spotlight: Queens, NY

Some things just go together, complement each other.  Like Lincoln Tech, Queens and the Greater New York Automotive Dealers Association (GYNADA). The two have been located in the same building for over 13 years, and since that time more than a third of Lincoln’s graduates have found exciting careers…

Train at Lincoln Tech for Massage Therapy Careers

As the weather’s heating up, so can your career prospects!  Lincoln Tech’s Somerville, Massachusetts campus will kick off its Massage Therapy training program on June 10th, giving you an exciting new opportunity to train for a career in massage therapy in the Boson area. Massage therapy careers in B…

Discover a new career path at Lincoln Tech, Lincoln Culinary Institute and Euphoria Institute

“Discovery Days” Open Houses across the country highlight training programs, career opportunities & more Whether you’re about to graduate high school and are looking ahead to what comes next, you’ve been out of the workforce for a while and are ready to make a new start, or it’s just time for a …

I-CAR Scholarship Presented to Lincoln Student

      The Collision Industry Conference (CIC) held this April in Nashville, Tennessee was a great day for Lincoln Tech student Zaccheus Stephens. During the conference, Zac was awarded a Nashville I-CAR scholarship of $14,000. Behind the scenes, it was revealed that I-CAR (the Inter-Industry Confere…

Philadelphia Job Market Offers Opportunities For Auto Technicians

Lincoln Tech has helped auto enthusiasts enter the Philadelphia job market as skilled, trained technicians for more than 50 years.  On March 25th, the Philadelphia campus teamed up with Pep Boys and their parent company Icahn Automotive Group to unveil a new sponsored classroom, present an Icahn Aut…

Lincoln Tech Steers Grads Towards Chicago Transit Authority Careers

Lincoln Tech’s Melrose Park campus has been working closely with the Chicago Transit Authority (CTA) for years. One of the reasons so many Melrose Park Automotive Technology graduates find rewarding careers with the CTA is Lincoln Tech alumnus Chris Christakes, Jr.  Chris graduated from Lincoln Tech…
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Lincoln Educational Services Frequently Asked Questions

  • When was Lincoln Educational Services founded?

    Lincoln Educational Services was founded in 1946.

  • How many employees does Lincoln Educational Services have?

    Lincoln Educational Services has 1,520 employees.

  • What is Lincoln Educational Services revenue?

    Latest Lincoln Educational Services annual revenue is $263.2 m.

  • What is Lincoln Educational Services revenue per employee?

    Latest Lincoln Educational Services revenue per employee is $173.2 k.

  • Who are Lincoln Educational Services competitors?

    Competitors of Lincoln Educational Services include AVADO, Edusson and Club Z.

  • Where is Lincoln Educational Services headquarters?

    Lincoln Educational Services headquarters is located at 200 Executive Dr, West Orange.

  • Where are Lincoln Educational Services offices?

    Lincoln Educational Services has an office in West Orange.

  • How many offices does Lincoln Educational Services have?

    Lincoln Educational Services has 1 office.