{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-21-036924","form_type":"8-K","ticker":"LINC","cik":"0001286613","company_name":"LINCOLN EDUCATIONAL SERVICES CORP","filed_at":"2021-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.910550+00:00","generated_at":"2026-06-28T11:18:33.363211+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lincoln Ed Q3 rev $89.1M (+13%), operating income up 49.6%; closes sale-leaseback, retires all debt","bullets":["Revenue $89.1M (+13% YoY), operating income $5.7M (+49.6%), net income $3.8M ($0.11 diluted EPS) vs $3.5M ($0.08).","Student starts 5,430 (flat YoY); ending student population 14,000, up 6.4% YoY.","Closed sale-leaseback of Denver and Grand Prairie properties; net proceeds $28.5M used to retire all outstanding debt.","Full year 2021 guidance: revenue growth 12-14%, adjusted EBITDA $35-37M, pre-tax income $25-27M.","Transportation & Skilled Trades segment revenue up 14.3%; Healthcare & Other Professions up 9.8%."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-21-036924","json":"https://secwatch.observer/filing/0001140361-21-036924.json","markdown":"https://secwatch.observer/filing/0001140361-21-036924.md","text":"https://secwatch.observer/filing/0001140361-21-036924.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1286613/000114036121036924/0001140361-21-036924-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1286613/000114036121036924/brhc10030496_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T11:18:33.363211+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}