Lincoln Educational raises 2027 revenue target to $600M+, up from $550M original goal

Filed May 11, 2026 · Period ending May 7, 2026 · ~1 min read

Key Changes

• high

  Company now projects over $600M revenue by 2027, exceeding original $550M target and $90M adjusted EBITDA goal, driven by new campus openings and program expansions.

  Exhibit 99.1 view on EDGAR →
• high

  Two new campuses planned: Hicksville, NY (Q4 2026) and Rowlett, TX (Q1 2027), bringing total to 24 campuses. New campuses expected to generate $7M+ EBITDA after 36 months.

  Exhibit 99.1 view on EDGAR →
• low

  All 10 directors elected with 98.4%-99.0% support; say-on-pay approved with 95.1% support (22.6M for, 1.2M against); auditor ratified with 99.7% approval. Quorum: 27.0M of 31.7M shares outstanding.

  Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →