<span item_type="fundamental" item_id="5a1025f36f4c2b7f204bc120f2b8fe7c" counter_id="ST/US/LINC" env="prod"></span><span item_type="announcement" item_id="548289012699694337" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 116.47 M, beating the estimate of USD 113.96 M.</p><p>EPS: As of FY2025 Q2, the actual value is USD 0.05, beating the estimate of USD -0.024.</p><p>EBIT: As of FY2025 Q2, the actual value is USD 7.588 M.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Campus Operations</strong>: Revenue increased by $15.2 million, or 15.1%, to $116.5 million for the second quarter of 2025 compared to the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1286613/000114036125030095/ef20053631_ex99-1.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Income</strong>: The company reported a net income of $1.6 million for the second quarter of 2025, compared to a net loss of $0.7 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1286613/000114036125030095/ef20053631_ex99-1.htm"></span></li><li><strong>Adjusted EBITDA</strong>: Increased by 68.4% to $10.5 million for the second quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1286613/000114036125030095/ef20053631_ex99-1.htm"></span></li><li><strong>Operating Income</strong>: The operating income for the second quarter of 2025 was $2.878 million, compared to an operating loss of $1.116 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1286613/000114036125030095/ef20053631_ex99-1.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: For the six months ended June 30, 2025, net cash used in operating activities was - $8.079 million, compared to - $6.599 million in the same period of 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1286613/000114036125030095/ef20053631_ex99-1.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Student Metrics</strong>: Student starts increased by 19.5% in the second quarter of 2025, or 21.8% excluding the Transitional segment.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1286613/000114036125030095/ef20053631_ex99-1.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>The company has raised its full-year 2025 guidance based on strong first-half performance and favorable operating trends. The updated guidance for 2025 includes revenue between $490 million and $500 million, adjusted EBITDA between $60 million and $65 million, and net income between $13 million and $18 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1286613/000114036125030095/ef20053631_ex99-1.htm"></span></li></ul>

Lincoln Educational | 8-K: FY2025 Q2 Revenue Beats Estimate at USD 116.47 M