Legacy Education's Q2 revenue up 40.7%, beats estimates

Legacy Education

12/02/2026 21:14

Overview

Career education provider's fiscal Q2 revenue rose 40.7%, beating analysts' expectations

Adjusted EBITDA beat estimates

Company saw a 49.4% increase in new student starts, boosting revenue

Outlook

Legacy Education sees continued growth potential as it scales its healthcare education platform

Company anticipates further demand acceleration for healthcare programs

Result Drivers

ENROLLMENT GAINS - Legacy Education reported a 49.4% increase in new student starts, driving revenue growth

HEALTHCARE PROGRAM DEMAND - CEO LeeAnn Rohmann stated that demand for healthcare programs continues to accelerate

EXPENSE INCREASES - Educational services and general administrative expenses rose due to increased staffing and marketing

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$19.20 mln
$17.56 mln (3 Analysts)
Q2 EPS
$0.15
Q2 Net Income
$2 mln
Q2 Adjusted EBITDA
Beat
$3 mln
$2.64 mln (3 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the schools, colleges & universities peer group is "buy"

Wall Street's median 12-month price target for Legacy Education Inc is $13.00, about 23.8% above its February 11 closing price of $10.50

Press Release: ID:nPn24fwtSa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)