Lincoln Educational Services Corporation to Highlight Progress and Recent Achievements at the Barrington Research Virtual Fall Investor Conference
Lincoln Educational Services Corporation (Nasdaq: LINC) will showcase its recent achievements and progress at the Barrington Research Virtual Fall Investor Conference on September 9, 2020. Executives Scott Shaw and Brian Meyers will lead the discussion, emphasizing the company’s role in addressing the skills gap amid rising unemployment. Shaw noted Lincoln's potential to equip Americans with essential skills for new careers in growing fields, underlining a commitment to enhancing shareholder value.
- Company's participation in the Barrington Research Virtual Fall Investor Conference highlights commitment to transparency and investor relations.
- Leadership emphasizes potential for growth by addressing the skills gap in essential industries amid rising unemployment.
- No specific financial metrics or achievements disclosed, which may raise concerns about transparency regarding performance.
WEST ORANGE, N.J., Aug. 25, 2020 /PRNewswire/ -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology, today announced that Scott Shaw, President and Chief Executive Officer and Brian Meyers, Executive Vice President and Chief Financial Officer will be providing an overview of the Company, as well as recent progress and achievements, at the Barrington Research Virtual Fall Investor Conference on Wednesday, September 9, 2020. The conference will feature virtual one-on-one meetings with the Lincoln executives and institutional investors are invited to request meeting times.
"We are excited to share with investors how our team is building shareholder value by filling the skills gap that remains in this country," commented Mr. Shaw. "Due to the recent dramatic rise in the unemployment rate, I believe Lincoln is uniquely positioned to help Americans gain the skills needed to move into new, rewarding careers in essential, growing fields and as a result build on our recent growth and profitability."
For questions and inquiries regarding the conference or to register for a one-on-one meeting, please contact your Barrington Research institutional salesperson or our conference coordinator, Angela Fabiano, at conference@brai.com
ABOUT LINCOLN EDUCATIONAL SERVICES CORPORATION
Lincoln Educational Services Corporation is a provider of diversified career-oriented post-secondary education and helping to provide solutions to America's skills gap. Lincoln offers recent high school graduates and working adults degree and diploma programs. The Company operates under three reportable segments: Transportation and Skilled Trades, Healthcare and Other Professions and Transitional. Lincoln has provided the nation's workforce with skilled technicians since its inception in 1946. For more information, go to www.lincolntech.edu.
SAFE HARBOR
Statements in this press release and in oral statements made from time to time by representatives of Lincoln Educational Services Corporation regarding Lincoln's business that are not historical facts may be "forward-looking statements" as that term is defined in the federal securities law. The words "may," "will," "expect," "believe," "anticipate," "project," "plan," "intend," "estimate," and "continue," and their opposites and similar expressions are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Generally, these statements relate to business plans or strategies, projected or anticipated benefits from acquisitions or dispositions to be made by the Company or projections involving anticipated revenues, earnings or other aspects of the Company's operating results. The Company cautions you that these statements concern current expectations about the Company's future performance or events and are subject to a number of uncertainties, risks and other influences many of which are beyond the Company's control, that may influence the accuracy of the statements and the projects upon which the statements are based. The events described in forward-looking statements may not occur at all. Factors which may affect the Company's results include, but are not limited to, the risks and uncertainties discussed in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Any one or more of these uncertainties, risks and other influences could materially affect the Company's results of operations and financial condition and whether forward-looking statements made by the Company ultimately prove to be accurate and, as such, the Company's actual results, performance and achievements could materially differ from those expressed or implied in these forward-looking statements. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to, our failure to comply with the extensive regulatory framework applicable to our industry or our failure to obtain timely regulatory approvals in connection with acquisitions or a change of control of our Company; our success in updating and expanding the content of existing programs and developing new programs for our students in a cost-effective manner or on a timely basis; risks associated with changes in applicable federal laws and regulations; uncertainties regarding our ability to comply with federal laws and regulations, such as the 90/10 rule and prescribed cohort default rates; risks associated with the opening of new campuses; risks associated with integration of acquired schools; industry competition; our ability to execute our growth strategies; conditions and trends in our industry; the COVID-19 pandemic and its impact on our business and the U.S. and global economics; general economic conditions; and other factors discussed in the "Risk Factors" section of our Annual Reports and Quarterly Reports filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and Lincoln undertakes no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise after the date hereof.
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SOURCE Lincoln Educational Services Corporation
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