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Legacy Education (LGCY)

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Earnings summaries and quarterly performance for Legacy Education.

Recent press releases and 8-K filings for LGCY.

Legacy Education Reports Strong Q2 2026 Results with Double-Digit Revenue Growth
LGCY
Earnings
Revenue Acceleration/Inflection
M&A
  • Legacy Education reported strong Q2 fiscal year 2026 financial results, with revenue growing 40.7% to $19.2 million and diluted EPS increasing 50% to $0.15. This marks the fourteenth consecutive quarter of double-digit revenue growth.
  • The company saw a 49.4% increase in new student starts to 593 in Q2, contributing to an ending population growth of 16.8% to 3,234. Operational highlights include the launch of new programs like MRI and Sterile Processing, expansion of the Hybrid Delivery Model, and a 6-year reaccreditation for Integrity College of Health.
  • Legacy Education maintains a strong balance sheet with $21.1 million in cash, over $27 million in working capital, and low debt at $600,000. The company is actively pursuing accretive acquisitions with a goal to announce the next deal within the fiscal year.
Feb 12, 2026, 9:30 PM
Legacy Education Reports Strong Q2 2026 Financial Results and Operational Growth
LGCY
Earnings
Revenue Acceleration/Inflection
M&A
  • Legacy Education reported strong Q2 fiscal year 2026 results, with revenue increasing 40.7% to $19.2 million and net income rising 46% to $2 million, or $0.15 per diluted share.
  • The company achieved its 14th consecutive quarter of double-digit revenue growth and saw Adjusted EBITDA increase 61.6% to $3.3 million.
  • Operational growth was evident with the student population growing 16.8% to 3,234, driven by a 49.4% increase in new student starts to 593. New programs, including MRI and Sterile Processing, were launched, and a Hybrid Delivery Model was introduced.
  • Legacy Education aims to announce an acquisition within the current fiscal year, with a robust pipeline of single and multi-campus opportunities both inside and outside California.
  • The company maintains a strong balance sheet with $21.1 million in cash, working capital exceeding $27 million, and low debt of $600,000.
Feb 12, 2026, 9:30 PM
Legacy Education Reports Strong Q2 2026 Financial Results and Strategic Expansion
LGCY
Earnings
New Projects/Investments
M&A
  • Legacy Education reported strong financial results for the second quarter of fiscal year 2026, with revenue growing 40.7% year-over-year to $19.2 million, Adjusted EBITDA increasing 61.6% to $3.3 million, and net income rising 46% to $2 million, resulting in $0.15 per diluted share.
  • Operationally, the company launched its MRI program at Central Coast College with 33 new starts, received accreditation approval for its fourth Sterile Processing Program, and introduced a Hybrid Delivery Model at Contra Costa Medical Career College. Additionally, the Integrity College of Health campus was granted a 6-year reaccreditation by ABHES.
  • The company maintains a strong balance sheet with $21.1 million in cash, working capital exceeding $27 million, and minimal debt at $600,000.
  • Legacy Education is actively pursuing growth through a robust acquisition pipeline, with the goal of announcing its next deal within the current fiscal year, and is also focusing on curriculum expansion and additional regulatory approvals.
Feb 12, 2026, 9:30 PM
Legacy Education Announces Strong Second Quarter Fiscal 2026 Results
LGCY
Earnings
Revenue Acceleration/Inflection
  • Legacy Education Inc. reported a 40.7% increase in revenue to $19.2 million for the fiscal second quarter ended December 31, 2025.
  • For the same quarter, net income grew 46% to $2.0 million, and diluted earnings per share rose 50% to $0.15.
  • The company experienced a 49.4% increase in new student starts to 593, leading to a 16.8% rise in the total student population to 3,234.
  • Adjusted EBITDA for the quarter increased 61.6% to $3.0 million.
Feb 12, 2026, 9:05 PM
Legacy Education Inc. Reports Strong Q1 Fiscal 2026 Results
LGCY
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Legacy Education Inc. reported revenue of $19.4 million for the fiscal first quarter ended September 30, 2025, representing a 38.5% increase compared to the prior year.
  • Net income for the quarter was $2.2 million, up 4.6%, with diluted earnings per share of $0.16.
  • Adjusted EBITDA increased 9.6% to $3.1 million, reflecting an Adjusted EBITDA margin of 15.9%.
  • The company's student population grew by 37.7% to 3,495, driven by a 31.6% rise in new student starts.
  • Legacy Education Inc. maintains a strong balance sheet with $20.6 million in cash and cash equivalents and minimal debt as of September 30, 2025.
Nov 14, 2025, 9:15 PM
Legacy Education Inc. Reports Strong First Quarter Fiscal 2026 Results
LGCY
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
  • Legacy Education Inc. reported revenue of $19.4 million for the fiscal first quarter ended September 30, 2025, marking a 38.5% increase compared to the same period last year.
  • Net income for the quarter was $2.2 million, a 4.6% increase, with diluted earnings per share of $0.16.
  • Adjusted EBITDA reached $3.1 million, up 9.6%, with an adjusted EBITDA margin of 15.9%.
  • The company saw significant operational growth, with new student starts increasing 31.6% to 1,117 and the total student population growing 37.7% to 3,495.
  • Legacy Education maintained a strong balance sheet with $20.6 million in cash and cash equivalents and minimal debt of approximately $0.7 million net of the current portion as of September 30, 2025.
Nov 13, 2025, 9:05 PM
Legacy Education Inc. Reports Strong Fiscal 2025 Results
LGCY
Earnings
Revenue Acceleration/Inflection
Board Change
  • Legacy Education Inc. announced strong financial results for the fiscal year ended June 30, 2025, with revenue growing 39.5% to $64.2 million and net income reaching $7.5 million, resulting in a diluted earnings per share of $0.56.
  • For the fourth quarter ended June 30, 2025, revenue increased 40.8% to $17.9 million, and net income was $1.2 million.
  • The company achieved record enrollment with new student starts increasing 26.9% and the student population ending at 3,101, a 41.8% increase over 2024.
  • Strategic developments included the approval of 3 new degree programs and 2 certificate programs, and the appointment of 2 new board members.
Sep 25, 2025, 8:20 PM
Legacy Education Inc. reports strong fiscal 2025 results
LGCY
Earnings
Revenue Acceleration/Inflection
Board Change
  • Legacy Education Inc. reported a 39.5% increase in revenue to $64.2 million for fiscal year 2025, with fourth-quarter revenue growing 40.8% to $17.9 million.
  • For fiscal year 2025, the company achieved net income of $7.5 million and diluted earnings per share of $0.59, alongside adjusted EBITDA of $11.0 million.
  • Operational highlights for fiscal year 2025 include a 26.9% increase in new student starts and a 41.8% higher student population, reaching 3,101.
  • Strategic developments include the approval of 3 new degree programs and 2 certificate programs, and the appointment of 2 new board members.
Sep 25, 2025, 8:05 PM
Legacy Education Inc. Reports Record Q3 Fiscal 2025 Results
LGCY
Earnings
Revenue Acceleration/Inflection
M&A
  • Legacy Education achieved 50.7% revenue growth reaching $18.6M in Q3 fiscal 2025 compared to Q3 2024 ( , ).
  • Net income increased to $2.8M, up 57.1% YoY ().
  • Delivered strong operational performance with EBITDA of $3.8M and adjusted EBITDA up 60% from the previous year (, ).
  • Student enrollment surged to 3,245 (a 49.8% increase) with new student starts up 70.7%, surpassing 3,000 enrollments ( ).
  • Executives highlighted 11 consecutive quarters of double-digit revenue growth and outlined plans for further program expansion and strategic acquisitions ( ).
  • Growth was further boosted by the impact of the Contra Costa Medical Career College acquisition ( ).
  • Reported diluted EPS of $0.21, further underscoring fiscal strength ().
May 15, 2025, 8:31 PM
Legacy Education Inc Reports Strong Q2 2025 Financial and Enrollment Growth
LGCY
Earnings
Revenue Acceleration/Inflection
M&A
  • Legacy Education Inc (LGCY) reported Q2 2025 revenue of $13.6 million, a 29.2% year-over-year increase, and net income of $1.4 million, up 8.5% year-over-year. For the six months ended December 31st, 2024, revenue was $27.6 million, up 32.1% year-over-year, with net income of $3.5 million, up 47.9% year-over-year.
  • The company's student population grew 44.8% year-over-year to 2,768 students in Q2 2025, driven by enrollment growth and the acquisition of Contra Costa Medical Career College. Enrolled students surpassed 3,000 as of January 31st, 2025.
  • The acquisition of Contra Costa Medical Career College, which closed on December 18th, 2024, was consolidated for approximately two weeks of Q2 2025 and added 14 programs. Legacy Education also announced new program approvals including Surgical Technology, Sterile Processing, Pharmacy Technician, and Dental Assisting.
  • Management noted robust demand for its programs, particularly in Cardiac Sonography, MRI, and Nursing, and sees a strong M&A pipeline for further expansion.
Feb 13, 2025, 9:30 PM