Latest news with #LINC
Yahoo
5 days ago
- Business
- Yahoo
LINC Q1 Earnings Call: Student Growth and New Campus Investments Offset Revenue Miss
Education company Lincoln Educational (NASDAQ:LINC) missed Wall Street's revenue expectations in Q1 CY2025, but sales rose 13.7% year on year to $117.5 million. Its non-GAAP profit of $0.11 per share was significantly above analysts' consensus estimates. Is now the time to buy LINC? Find out in our full research report (it's free). Revenue: $117.5 million (13.7% year-on-year growth) Adjusted EPS: $0.11 vs analyst estimates of $0.04 (significant beat) Adjusted Operating Income: $3.41 million vs analyst estimates of -$1.41 million (2.9% margin, significant beat) EBITDA guidance for the full year is $60.5 million at the midpoint, above analyst estimates of $56.89 million Operating Margin: 2.9%, up from -0.4% in the same quarter last year Enrolled Students: 15,904, up 2,103 year on year Market Capitalization: $733.3 million Lincoln Educational's first quarter results were shaped by strong student enrollment growth, the expansion of its hybrid teaching model, and targeted campus investments. CEO Scott Shaw highlighted the impact of the Lincoln 10.0 hybrid model, which blends online and hands-on instruction to offer flexibility and improved graduation rates. The company benefited from higher student starts, particularly in transportation and skilled trades, while phasing out lower-demand programs. Marketing efficiencies also contributed, as cost per student start fell. Despite a shortfall in revenue against Wall Street expectations, management attributed double-digit revenue growth to sustained demand for skilled trades training and operational improvements at newly opened and relocated campuses. For the remainder of the year, management expects continued momentum driven by additional program replications, the opening of new campuses, and ongoing efficiency gains. CFO Brian Meyers noted that the company's raised full-year EBITDA guidance reflects confidence in operational leverage and enrollment trends. Shaw pointed to broader national trends favoring skilled trades and highlighted that regulatory changes and government initiatives are expected to support demand. He explained, 'Our growth strategy is simple. We will continue to expand our network of schools by replicating our most in-demand programs at our existing campuses while building new campuses in new and existing markets.' The company is also closely monitoring regulatory developments and expects minimal impact from tariffs or economic headwinds in the near term. Management attributed the quarter's results to strong demand for skilled trade programs, successful campus expansion, and improved marketing efficiency. The company also benefited from leveraging its hybrid teaching model and optimizing its program mix. Hybrid teaching model success: The Lincoln 10.0 approach, combining online learning with hands-on instruction, increased student flexibility and graduation rates. This model also drove operational efficiencies, helping to control costs and support margin expansion. Strong skilled trades enrollment: Student starts in transportation and skilled trades programs rose over 30%, fueled by program replication at more campuses and rising national interest in trade careers. This offset enrollment declines in discontinued nursing, massage therapy, and culinary programs. Campus development momentum: The opening of new campuses, including the relocation of Nashville and the East Point campus in Atlanta, contributed to enrollment growth and are expected to deliver stronger financial returns as new programs come online. Marketing efficiency gains: Management cited a 20% year-on-year reduction in cost per student start, achieved through improved lead generation and greater referral activity. These savings supported margin improvement and are expected to persist, though perhaps at a lesser rate. Program mix optimization: The company continued to phase out lower-demand programs and invest in high-interest, high-return offerings, such as welding and electrical training, to align with employer needs and maximize student outcomes. Lincoln Educational's outlook is anchored in continued expansion of its program offerings, new campus openings, and operational leverage, while navigating regulatory changes and shifting market preferences. Accelerated campus expansion: The company plans to open three new campuses in 2025 and is exploring further opportunities in underserved markets. Management expects these sites to contribute significantly to future revenue and EBITDA once fully operational. Program replication and innovation: Ongoing rollout of in-demand programs, like electrical and welding, at existing and new campuses is expected to drive enrollment growth. Management believes that aligning offerings with labor market needs will sustain demand. Regulatory and economic environment: Leadership is monitoring changes in federal education policy and workforce initiatives, anticipating that government support for skilled trades will continue to benefit demand. Management also expects minimal impact from tariffs and macroeconomic uncertainty in the near term. In future quarters, the StockStory team will be tracking (1) the ramp-up of new campus openings and the contribution of new programs to enrollment, (2) the sustainability of marketing efficiencies and operating leverage, and (3) progress on regulatory approvals for program expansions. We will also monitor how phasing out low-demand programs and the national focus on skilled trades shape student demand and financial outcomes. Lincoln Educational currently trades at a forward EV-to-EBITDA ratio of 11.8×. In the wake of earnings, is it a buy or sell? See for yourself in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. 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Yahoo
22-05-2025
- Business
- Yahoo
PRDO vs. LINC: Which Stock Should Value Investors Buy Now?
Investors interested in Schools stocks are likely familiar with Perdoceo Education (PRDO) and Lincoln Educational Services Corporation (LINC). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look. We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Both Perdoceo Education and Lincoln Educational Services Corporation have a Zacks Rank of # 2 (Buy) right now. This means that both companies have witnessed positive earnings estimate revisions, so investors should feel comfortable knowing that both of these stocks have an improving earnings outlook. But this is just one factor that value investors are interested in. Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels. Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years. PRDO currently has a forward P/E ratio of 12.43, while LINC has a forward P/E of 29.78. We also note that PRDO has a PEG ratio of 0.83. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. LINC currently has a PEG ratio of 1.99. Another notable valuation metric for PRDO is its P/B ratio of 2.09. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. For comparison, LINC has a P/B of 3.81. Based on these metrics and many more, PRDO holds a Value grade of A, while LINC has a Value grade of C. Both PRDO and LINC are impressive stocks with solid earnings outlooks, but based on these valuation figures, we feel that PRDO is the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Perdoceo Education Corporation (PRDO) : Free Stock Analysis Report Lincoln Educational Services Corporation (LINC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Irish Examiner
18-05-2025
- Politics
- Irish Examiner
Cork activist dies after over three decades of service to the community
Flags are flying at half-mast above Cork's City Hall today following the death of an inspirational campaigner and community worker. Siobhán O'Dowd, who played a key role in several gay rights, equality, and community development campaigns for more than three decades, died peacefully at home in the city last night following a short illness. She was 61. She died on the International Day Against Homophobia, Biphobia and Transphobia — a movement she helped pioneer in Cork — and just weeks after she was presented with one of the Lord Mayor's civic awards for 2025. She was honoured by Lord Mayor councillor Dan Boyle for her long-term contributions to community development, inclusion, lifelong learning, and LGBT+ activism in Cork. In posts on social media today, former lord mayor councillor John Sheehan described her as 'a real inspiration' while former lord mayor and former councillor Mick Finn described her as 'an inspirational warrior'. The Lantern Project at Nano Nagle Place described her as 'a champion of the city'. 'Siobhán was a champion in our city in so many ways,' it said. She encouraged us in our work at the Lantern Nano Nagle Place and was both, a friend and a mentor to us. 'Ballyphehane Togher CDP has been a leader in highlighting the importance of community education and helped to put it firmly on political agendas and with her colleagues Siobhán brought many issues to the attention of other change makers. 'Siobhán lived her work, loved her work, and had a deep understanding of the value of accepting and meeting people exactly where they are at. 'Siobhán's leadership, brilliant mind and global vision will be missed. 'As friends and colleagues carry on her important work, they will honour her.' Born in Kerry in 1964, Ms O'Dowd moved to Cork in the mid 1980s. She was one of the founding members of Cork Aids Alliance, a group that included lesbian, gay, and straight people who worked together to address the enormous stigma around Aids and HIV. She co-chaired the alliance for two years and was later appointed the first full-time co-ordinator of the alliance in 1990. She worked as a community worker across the city for over 30 years and was the long-time co-ordinator of Ballyphehane Togher Community Development Project. She was a member of the original steering group which established the Cairde Corcaí/LINC lesbian and bisexual community centre in 1999. Together with Tina O'Toole, she helped obtain EU Equality for Women funding for LINC which helped further its development. She was also a member of the Cork City LGBT+ InterAgency Group since its inception in 2002 and was appointed chairperson in 2017. Since 2010 the group has organised an annual Cork LGBT+ Awareness Week, and at the opening of the 2014 week, Cork city became the first place to fly the rainbow flag formally from a civic or public building in Ireland, when organisers and Cork City Council agreed to fly a rainbow flag over City Hall. In 2018 Cork City signed a 'Rainbow Memorandum' with one one its largest twin cities, San Francisco, and later that year won LGBT Ally of the year award in the national Gala Awards. In 2020 Cork City became the first city on the island of Ireland to become part of the international Rainbow Cities Network.
Yahoo
13-05-2025
- Business
- Yahoo
RadNet Inc (RDNT) Q1 2025 Earnings Call Highlights: Navigating Challenges and Seizing Growth ...
Total Revenue: $471.4 million, a 9.2% increase from the first quarter of 2024. Adjusted EBITDA: $46.4 million, a 20.6% decrease compared to the first quarter of 2024. Impact of Weather and Fires: Estimated $22 million negative impact on revenue and $15 million on adjusted EBITDA. Advanced Imaging Procedural Volume: 26.9% of total procedural volume, up from 25.7% in the previous year. PET/CT Volume Growth: Increased by 22.9% driven by prostate and brain procedures. Digital Health Revenue: $19.2 million, a 31.1% increase from the first quarter of 2024. Digital Health Adjusted EBITDA: $3.7 million, a 5.4% increase from the first quarter of 2024. Cash Balance: $717 million at the end of the first quarter. Net Debt to Adjusted EBITDA Ratio: Slightly more than 1 times. Days Sales Outstanding (DSO): 33.3 days, slightly lower than the previous year. Guidance Increase: Revenue guidance increased by $10 million and adjusted EBITDA by $3 million for 2025. Capital Expenditure Budget: Increased by $5 million. Warning! GuruFocus has detected 9 Warning Signs with LINC. Release Date: May 12, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. RadNet Inc (NASDAQ:RDNT) reported a strong recovery in March, April, and early May after severe weather and wildfires negatively impacted January and February, leading to an upward adjustment in 2025 revenue and adjusted EBITDA guidance. The company saw a significant increase in advanced imaging, with procedural volume from advanced imaging rising to 26.9% in Q1 2025 from 25.7% in Q1 2024. PET/CT volumes increased by 22.9%, driven by growth in prostate and brain procedures, which were less affected by severe weather conditions. The EBCD digital DeepHealth AI-powered breast cancer screening program saw a 33% increase in adoption, contributing to early cancer detection and improved radiologist productivity. RadNet Inc (NASDAQ:RDNT) maintains strong liquidity with a cash balance of $717 million and a net debt to adjusted EBITDA ratio of slightly more than one, supporting future strategic investments. Severe weather conditions and wildfires in the first quarter resulted in an estimated $22 million revenue loss and a $15 million EBITDA impact. Adjusted EBITDA decreased by 20.6% compared to Q1 2024, despite a 9.2% increase in revenue. The company faces ongoing challenges with rising labor costs and a shortage of radiology technologists, impacting operational capacity. The first quarter is typically the most challenging due to increased payroll taxes, employee bonuses, and lower healthcare utilization from deductible resets. Stock-based compensation increased significantly to $28.5 million in Q1 2025, close to last year's full-year number, impacting profitability. Q: Howard, regarding the strength in advanced imaging, how do you foresee growth in this area over the next three to five years, and what will drive this growth? A: Howard Berger, CEO: We expect continued growth in advanced imaging, driven by AI tools and new equipment investments. Despite staffing shortages, newer equipment and AI, like our TechLive, will help manage demand. Advanced imaging, including cardiac imaging and PET/CT, is expected to grow, supported by our investments and capabilities. Q: Can you provide insights into your pipeline for joint ventures and M&A over the next 12 to 18 months? A: Howard Berger, CEO: Our pipeline is robust, with hospitals recognizing the need for radiology solutions. We are in discussions with several hospitals, emphasizing the value of AI and IT solutions. Our goal is to have all 400 centers in joint ventures, as our current partnerships are performing exceptionally well. Q: How is the TechLive rollout progressing, and what impact has it had on staffing and operations? A: Howard Berger, CEO: TechLive is operational in 265 MRI centers, improving scan accuracy and staffing flexibility. It allows remote oversight by technologists, helping manage local staffing challenges. We aim to have all centers on TechLive by year-end, reducing reliance on outside staffing. Q: Despite weather and volume headwinds, revenue exceeded expectations. How did it perform against internal expectations, and why wasn't there a higher conversion on the perceived revenue beat? A: Mark Stolper, CFO: Adjusting for weather impacts, revenue was strong and aligned with internal guidance. The first quarter is typically challenging due to deductible resets and other factors. However, strong trends in March and beyond have led us to increase our revenue and EBITDA guidance for the year. Q: Can you explain the significant increase in stock-based compensation this quarter? Is this the new run rate? A: Mark Stolper, CFO: The increase was due to stock vesting from past years and new grants for digital health division hires. We expect stock compensation to decrease significantly in the coming quarters, as the first quarter included one-time expenses. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
06-05-2025
- Business
- Yahoo
1 of Wall Street's Favorite Stock That Stand Out and 2 to Steer Clear Of
Wall Street has set ambitious price targets for the stocks in this article. While this suggests attractive upside potential, it's important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts. Unlike the investment banks, we created StockStory to provide independent analysis that helps you determine which companies are truly worth following. Keeping that in mind, here is one stock where Wall Street's positive outlook is supported by strong fundamentals and two where analysts may be overlooking some important risks. Consensus Price Target: $22.80 (24.9% implied return) Established in 1946, Lincoln Educational (NASDAQ:LINC) is a provider of specialized technical training in the United States, offering career-oriented programs to provide practical skills required in the workforce. Why Are We Cautious About LINC? Number of enrolled students has disappointed over the past two years, indicating weak demand for its offerings Negative free cash flow raises questions about the return timeline for its investments Diminishing returns on capital suggest its earlier profit pools are drying up Lincoln Educational is trading at $18.26 per share, or 11x forward EV-to-EBITDA. If you're considering LINC for your portfolio, see our FREE research report to learn more. Consensus Price Target: $92.99 (17.7% implied return) Founded in 1986 as a bridge between technology and financial services, SS&C Technologies (NASDAQ:SSNC) provides software and software-enabled services that help financial firms and healthcare organizations automate complex business processes. Why Do We Think Twice About SSNC? Muted 4.9% annual revenue growth over the last five years shows its demand lagged behind its business services peers Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 3 percentage points Below-average returns on capital indicate management struggled to find compelling investment opportunities At $78.99 per share, SS&C trades at 12.9x forward P/E. Read our free research report to see why you should think twice about including SSNC in your portfolio, it's free. Consensus Price Target: $552.84 (36.6% implied return) With over 100 million people served across its various businesses and a workforce of more than 400,000, UnitedHealth Group (NYSE:UNH) operates a health insurance business and Optum, a healthcare services division that provides everything from pharmacy benefits to primary care. Why Is UNH a Top Pick? Unparalleled scale of $410.1 billion in revenue enables it to spread administrative costs across a larger membership base Performance over the past five years was turbocharged by share buybacks, which enabled its earnings per share to grow faster than its revenue ROIC punches in at 21.6%, illustrating management's expertise in identifying profitable investments UnitedHealth's stock price of $404.83 implies a valuation ratio of 13.1x forward P/E. Is now the time to initiate a position? See for yourself in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Axon (+711% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
