Brief: Lincoln Educational Services Q2 loss per share $0.33

Lincoln Educational Services

05/08/2015 13:00

Aug 5 (Reuters) - Lincoln Educational Services Corp  LINC.O : 
 * Reports second quarter 2015 financial results 
 * Q2 loss per share $0.33 from continuing operations 
 * Q2 revenue $72.4 million 
 * Says new credit facility announced 
 * Says it is prudent to revise outlook for the year to reflect current start 
   trends 
 * Sees FY 2015 revenue from continuing operations is now expected to be 
   approximately $300 million 
 * Sees student starts are now expected to decline approximately 10% for 2015 
 * Sees FY 2015 loss per share $0.45 - $0.50 
 * Says management continues to expect to generate positive cash flow from 
   operations 
 * FY 2015 revenue view $314.0 million -- Thomson Reuters I/B/E/S 
 * FY 2015 earnings per share view $-0.39 -- Thomson Reuters I/B/E/S 
 
 * Source text for Eikon  ID:nGNXLTHTUa  
 
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