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Lincoln Educational Services Corporation (LINC) Q3 2024 Earnings Call Transcript Summary

Lincoln Educational Services Corporation (LINC) Q3 2024 Earnings Call Transcript Summary

林肯教育服務公司(LINC)2024年第三季度業績會成績單摘要
富途資訊 ·  11/12 06:17  · 電話會議

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。


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