Brief: Lincoln Educational Services posts Q1 loss per share of $0.26

Lincoln Educational Services

05/05/2016 13:00

May 5 (Reuters) - Lincoln Educational Services Corp  LINC.O  
    * Lincoln Educational Services Corporation reports first 
quarter 2016 financial results 
    * Q1 loss per share $0.26 from continuing operations 
    * Q1 revenue $70.6 million 
    * Q1 loss per share $0.26 
    * In quarter, closure of Fern Park, Florida campus;on plan 
to fully close Hartford, Connecticut campus by end of year 
    * Company reaffirms guidance provided on March 2 , 2016 
    * Two closures during quarter  will reduce annual losses by 
approximately $6 million in 2016 
 
Source text for Eikon:  ID:nGNXMRHQKa  
Further company coverage:  LINC.O  
 
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