{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-022625","form_type":"8-K","ticker":"PRDO","cik":"0001046568","company_name":"PERDOCEO EDUCATION Corp","filed_at":"2022-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.400175+00:00","generated_at":"2026-06-22T04:58:20.933027+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Perdoceo Q3 revenue down 3.2% to $168.4M; adj. EPS $0.39 vs $0.45; full-year guidance raised","bullets":["Revenue $168.4M (-3.2% YoY); CTU -6.9%, AIUS +2.4% (incl. July 2022 acquisition).","GAAP diluted EPS $0.32 vs $0.39; adjusted EPS $0.39 vs $0.45 (down 13.3%).","Total student enrollments fell 2.1%: CTU +2.7%, AIUS -9.5% as of Sept. 30.","Cash & investments $525.2M; full-year operating income now expected to exceed prior outlook.","Year-to-date operating income $107.0M (-6.5%); adjusted operating income $131.5M (-1.5%)."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-022625","json":"https://secwatch.observer/filing/0000950170-22-022625.json","markdown":"https://secwatch.observer/filing/0000950170-22-022625.md","text":"https://secwatch.observer/filing/0000950170-22-022625.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046568/000095017022022625/0000950170-22-022625-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046568/000095017022022625/prdo-20221107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T04:58:20.933027+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":"a5f251272742b11d0997ea6498d2e709032fdfd2","claim":"PERDOCEO EDUCATION Corp reported the quarter and year to date ended September 30, 2022 results: revenue $519.1 million, EPS $1.16. Guidance raised.","evidence_excerpt":"and financial results for the quarter and year to date ended September 30, 2022. Third Quarter 2022 Results as Compared to Prior Year Quarter • Revenue decreased 3.2% to $168.4 million, with a 6.9% decrease at CTU partially offset by a 2.4% increase at AIUS. • Operating income decreased 22.5% to $29.3 million, while adjusted operating income decreased 16.5% to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046568/000095017022022625/0000950170-22-022625-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year to date ended September 30, 2022"},{"label":"Revenue","value":"$519.1 million"},{"label":"EPS","value":"$1.16"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a5f251272742b11d0997ea6498d2e709032fdfd2","claim":"PERDOCEO EDUCATION Corp reported the quarter and year to date ended September 30, 2022 results: revenue $519.1 million, EPS $1.16. Guidance raised.","evidence_excerpt":"For the year to date ended September 30, 2022, total revenue of $519.1 million decreased 2.6% compared to total revenue of $533.2 million for the prior year to date.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046568/000095017022022625/0000950170-22-022625-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year to date ended September 30, 2022"},{"label":"Revenue","value":"$519.1 million"},{"label":"EPS","value":"$1.16"},{"label":"Guidance","value":"raised"},{"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"}