Lincoln Educational Services Corporation LINC Additional Stock Repurchase Program Authorized Amount

Additional Stock Repurchase Program Authorized Amount at other companies

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Other financials

Income statement

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Revenue$144.0M+22.5%

Gross profit$85.6M+22.1%

Operating income$6.4M+87.7%

Net income$4.4M+124%

EPS (diluted)$0.14+133%

Balance sheet

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Cash & equivalents$16.7M-41.8%

Total debt$207.0M+17.4%

Total equity$198.8M+11.8%

Total assets$486.7M+13.9%

Cash flow

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Operating cash flow$4.6M+154%

CapEx$14.6M-26.5%

Free cash flow-$10.1M+64.4%

Valuation

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Market cap$1.52B+157%

Enterprise value$1.71B+128%

P/E67.7×+18.7×

P/S2.8×+1.5×

Profitability

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Gross margin60.3%+1.3pp

Operating margin6.1%+1.9pp

Net margin4.1%+1.5pp

FCF margin-16%—

Returns & leverage

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Return on equity11.9%+4.9pp

Debt / equity1×0.0×

Current ratio0.8×-0.2×

Where this comes from

Reported directly by Lincoln Educational Services Corporation in its filing.

Tagged under the XBRL concept linc:AdditionalStockRepurchaseProgramAuthorizedAmount.

The official record: Lincoln Educational Services Corporation’s 10-Q, filed May 6, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln Educational Services Corporation's additional stock repurchase program authorized amount?: Lincoln Educational Services Corporation (LINC) reported additional stock repurchase program authorized amount of $10M in Q2 2024.
What does additional stock repurchase program authorized amount mean?: The incremental dollar amount authorized by the board of directors for the repurchase of company common stock beyond previously existing programs. This indicates management's confidence in the company's valuation and commitment to returning capital to shareholders.