{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-005599","form_type":"8-K","ticker":"LINC","cik":"0001286613","company_name":"LINCOLN EDUCATIONAL SERVICES CORP","filed_at":"2025-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.188977+00:00","generated_at":"2026-05-26T05:30:07.016607+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 Educational Q4 revenue up 16.4% to $119.4M; guides 2025 revenue $480-490M","bullets":["Q4 net income $6.8M, adjusted EBITDA $19.2M; full-year revenue $440.1M (+16.4% YoY).","Student starts grew 9.6% in Q4 and 15.2% for the full year; end-of-quarter population up 14.1%.","Full-year 2025 guidance: revenue $480-490M, adjusted EBITDA $55-60M, net income $8-13M.","Sale of Summerlin (Las Vegas) campus completed Jan 1, 2025; recorded $1.2M loss on sale in Q4.","Lease signed for new Hicksville, NY campus (~65,000 sq ft); expected to open May 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-005599","json":"https://secwatch.observer/filing/0001140361-25-005599.json","markdown":"https://secwatch.observer/filing/0001140361-25-005599.md","text":"https://secwatch.observer/filing/0001140361-25-005599.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1286613/000114036125005599/0001140361-25-005599-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1286613/000114036125005599/ef20044171_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T05:30:07.016607+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"}