{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-004118","form_type":"8-K","ticker":"PRDO","cik":"0001046568","company_name":"PERDOCEO EDUCATION Corp","filed_at":"2023-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:43.656247+00:00","generated_at":"2026-06-19T01:19:51.508991+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Perdoceo Q4 revenue up 10.2% to $176.1M; GAAP EPS $0.23 vs $0.35; FY EPS $1.39 vs $1.55","bullets":["Q4 revenue $176.1M (+10.2% YoY); CTU +13.1%, AIUS +5.9%.","Q4 GAAP operating income $22.7M (-34.4%); adjusted operating income $32.4M (-22.9%).","Full year revenue $695.2M (+0.3%); GAAP EPS $1.39 vs $1.55; adjusted EPS $1.63 vs $1.70.","Total student enrollments 39,200 (-3.0% YoY); AIUS -10.8%, CTU +2.0%.","Cash and short-term investments $518.2M at Dec 31, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-004118","json":"https://secwatch.observer/filing/0000950170-23-004118.json","markdown":"https://secwatch.observer/filing/0000950170-23-004118.md","text":"https://secwatch.observer/filing/0000950170-23-004118.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046568/000095017023004118/0000950170-23-004118-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046568/000095017023004118/prdo-20230223.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T01:19:51.508991+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":"8700218e47b4a3a7bd9a2646d83309eb9f091fdd","claim":"PERDOCEO EDUCATION Corp reported the year ended December 31, 2022 results: revenue $695.2 million, EPS $1.39 per diluted share.","evidence_excerpt":"Revenue increased 0.3% to $695.2 million, with a 2.7% increase at CTU mostly offset by a 3.1% decline at AIUS. • Operating income decreased 13.0% to $129.6 million, while adjusted operating income decreased 6.6% to $164.0 million.* • Earnings per diluted share was $1.39 as compared to $1.55, while adjusted earnings per diluted share was $1.63 as compared to $1.70.*","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046568/000095017023004118/0000950170-23-004118-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$695.2 million"},{"label":"EPS","value":"$1.39 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b1357ced83b81f5d6c9a001e0349b7724e897a70","claim":"PERDOCEO EDUCATION Corp reported the quarter ended December 31, 2022 results: revenue $176.1 million, EPS $0.23 per diluted share.","evidence_excerpt":"Revenue increased 10.2% to $176.1 million, with a 13.1% increase at CTU and a 5.9% increase at AIUS. • Operating income decreased 34.4% to $22.7 million, while adjusted operating income decreased 22.9% to $32.4 million, primarily due to certain one-time investments within our academic institutions.* • Earnings per diluted share was $0.23 as compared to $0.35, while adjusted earnings per diluted share was $0.31 as compared to $0.40.*","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046568/000095017023004118/0000950170-23-004118-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"$176.1 million"},{"label":"EPS","value":"$0.23 per diluted share"},{"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"}