Lincoln Educational Services Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 88.65 million compared to USD 82.14 million a year ago. Net income was USD 17.25 million compared to USD 0.259 million a year ago. Basic earnings per share from continuing operations was USD 0.57. Diluted earnings per share from continuing operations was USD 0.57.
For the six months, sales was USD 175.93 million compared to USD 164.7 million a year ago. Net income was USD 17.14 million compared to USD 0.532 million a year ago. Basic earnings per share from continuing operations was USD 0.57. Diluted earnings per share from continuing operations was USD 0.57.