{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-023061","form_type":"8-K","ticker":"LGCY","cik":"0001836754","company_name":"Legacy Education Inc.","filed_at":"2026-05-14T20:05:18+00:00","discovered_at":"2026-05-14T20:07:00.245507+00:00","generated_at":"2026-05-14T21:01:46.495074+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Legacy Education Q3 FY2026 revenue up 15% to $21.4M, net income $3.0M","bullets":["Revenue $21.4M (+15% YoY); net income $3.0M (+7.5%); diluted EPS $0.22 vs $0.21.","New student starts 1,078; student population 3,550 (+9.4% YoY).","Adjusted EBITDA $4.4M, up 12.6% from $3.9M in prior-year quarter.","Nine-month revenue $60.0M (+29.7%), net income $7.3M (+15.1%), diluted EPS $0.52.","Educational services expense improved to 51.7% of revenue from 54.4%."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-023061","json":"https://secwatch.observer/filing/0001493152-26-023061.json","markdown":"https://secwatch.observer/filing/0001493152-26-023061.md","text":"https://secwatch.observer/filing/0001493152-26-023061.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1836754/000149315226023061/0001493152-26-023061-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1836754/000149315226023061/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T21:01:46.495074+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":[{"claim_id":"58c0e944bebe5866526ae31a93e8e8ec533bde6e","claim":"Legacy Education Inc. reported the nine months ended March 31, 2026 results: revenue $60.0 million, net income $7.3 million, EPS $0.52 per diluted share.","evidence_excerpt":"7.5% ● Adjusted EBITDA of $4.4 million, up 12.6% ● Diluted earnings per share of $0.22, up 4.8% Nine months ended March 31, 2026 Financial Highlights ● Revenue grew 29.7% to $60.0 million ● New student starts increased 12.7%, to 2,788 ● Net income of $7.3 million, up 15.1% ● Adjusted EBITDA of $10.5 million, up 22.3% ● Diluted earnings per share of $0.52, up","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1836754/000149315226023061/0001493152-26-023061-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended March 31, 2026"},{"label":"Revenue","value":"$60.0 million"},{"label":"Net income","value":"$7.3 million"},{"label":"EPS","value":"$0.52 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ece6586f6d6a96a9fa8fa70c329b8097fbcfab2d","claim":"Legacy Education Inc. reported the fiscal third quarter ended March 31, 2026 results: revenue $21.4 million, net income $3.0 million, EPS $0.22 per diluted share.","evidence_excerpt":". Toll-free dial-in number is (877) 407-9785 and international dial-in number is (201) 689-8843. Third Quarter Fiscal 2026 Financial Highlights ● Revenue grew 15.0% to $21.4 million ● New student starts were 1,078 ● Net income of $3.0 million, up 7.5% ● Adjusted EBITDA of $4.4 million, up 12.6% ● Diluted earnings per share of $0.22, up 4.8% Nine months","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1836754/000149315226023061/0001493152-26-023061-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal third quarter ended March 31, 2026"},{"label":"Revenue","value":"$21.4 million"},{"label":"Net income","value":"$3.0 million"},{"label":"EPS","value":"$0.22 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}