Lincoln Educational Services Corporation (LINC) Q2 2024 Earnings Call Transcript

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Q2: 2024-08-08 Earnings Summary

EPS of -$0.02 misses by $0.01
 | Revenue of $102.91M (16.10% Y/Y) beats by $2.32M

Lincoln Educational Services Corporation (NASDAQ:LINC) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET

Company Participants

Michael Polyviou - Investor Relations
Scott Shaw - President and CEO
Brian Meyers - Chief Financial Officer

Conference Call Participants

Alex Paris - Barrington Research
Steven Frankel - Rosenblatt Securities
Raj Sharma - B. Riley
Eric Martinuzzi - Lake Street Capital Markets

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the second quarter Lincoln Educational Services Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker’s presentation, there will be a question-and-answer session. [Operator Instructions]

Please be advised that today’s conference is being recorded. I would like now to turn the conference over to Michael Polyviou, Investor Relations. Please go ahead.

Michael Polyviou

Thank you, Michelle. Good morning, everyone. Before the market opened today, Lincoln Educational Services issued its news release reporting financial results in recent corporate developments for the second quarter in six months ended June 30, 2024. The release is available on the Investor Relations portion of the company’s corporate website at www.lincolntech.edu.

Joining us today on the call is Scott Shaw, President and CEO; and Brian Meyers, Chief Financial Officer. Today’s call is being recorded and is being broadcast live on the company’s website. A replay of the call will be archived on the company’s website.

Statements made by Lincoln’s management on today’s call regarding the company’s business that are not historical facts may be forward-looking statements as the term is identified in federal securities laws.

The words may, will, expect, believe, anticipate, project, plan, intend, estimate and continue, as well as similar expressions are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance.

The company cautions you that these statements reflect

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