Lincoln Educational Services Corporation (LINC) Q3 2024 Earnings Call Transcript Summary
Lincoln Educational Services Corporation (LINC) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Lincoln Educational Services Corporation (LINC) Q3 2024 Earnings Call Transcript:
以下是林肯教育服務公司(LINC)2024年第三季度業績會交易報告摘要:
Financial Performance:
財務表現:
Lincoln Educational Services reported a revenue of $114.4 million in Q3, an increase of nearly 15% year-over-year.
Adjusted EBITDA grew 67% to $10.2 million in the third quarter.
The company has raised its full-year revenue guidance to between $430 million and $435 million and adjusted EBITDA to between $41 million and $43 million.
林肯教育服務報告,第三季度營業收入爲$11440萬,同比增長近15%。
調整後的EBITDA在第三季度增長了67%,達到$1020萬。
公司已將全年營業收入指導提升至$43000萬至$43500萬,調整後的EBITDA範圍在$4100萬至$4300萬之間。
Business Progress:
業務進展:
Continued execution of key growth initiatives including new campus development, program replication, and the rollout of Lincoln 10.0 hybrid teaching model.
Successfully opened HVAC programs at Morristown and Shelton campuses and expanded welding at Melrose Park.
Announced new corporate partnerships with Hyundai Motor of America, Genesis Motor of America, and the expansion of the Tesla training center.
Lincoln Tech's focus remains on skilled trades and nursing, providing high ROI on education for middle-skill jobs.
持續推進關鍵增長計劃,包括新校園開發、項目複製和林肯10.0混合教學模式的推出。
成功在莫里斯敦和雪爾頓校園開設暖通空調課程,並在梅爾羅斯公園擴大焊接課程。
宣佈與美國現代汽車、美國起亞汽車和特斯拉培訓中心擴展的新業務合作伙伴關係。
林肯科技的重點仍然放在熟練技工和護理領域,爲中技工作提供較高的教育回報率。
Opportunities:
機會:
Capitalizing on the national trend towards skilled trades education as alternatives to traditional four-year degrees, evidenced by increased lead generation and enrollment numbers.
利用國家對熟練技工教育趨勢的優勢,作爲傳統四年制學位的替代方案,這一趨勢體現在潛在客戶生成和入學人數的增加上。
Risks:
風險:
Regulatory challenges, particularly in New York state, could impact operations, as mentioned regarding the new Long Island campus.
監管挑戰尤其是紐約州可能會影響業務運營,正如新的長島校區的情況所提到的。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。