Quarterly ResultMay 14, 2026, 04:13 PM
Legacy Education Q3 Revenue $21.4M, up 15%; Net Income $3.0M
AI Summary
Legacy Education Inc. announced strong financial and operating results for the fiscal third quarter ended March 31, 2026, with significant growth across revenue, enrollment, and earnings. The company reported a 15.0% increase in revenue to $21.4 million and a 7.5% rise in net income to $3.0 million. Strategic developments included facility expansions and the launch of new healthcare career programs, contributing to a 9.4% increase in student population.
Key Highlights
- Q3 fiscal 2026 revenue grew 15.0% to $21.4 million.
- Q3 fiscal 2026 net income increased 7.5% to $3.0 million.
- Q3 fiscal 2026 diluted earnings per share rose 4.8% to $0.22.
- Adjusted EBITDA for Q3 fiscal 2026 was $4.4 million, up 12.6%.
- Student population as of March 31, 2026, increased 9.4% to 3,550.
- New student starts in Q3 were 1,078.
- Launched new programs: Surgical Technology AAS and Sterile Processing Technician.
- Facility expansion at High Desert Medical College Lancaster and Temecula campuses.
Price Impact
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