secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0000950170-23-004118
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perdoceo Q4 revenue up 10.2% to $176.1M; GAAP EPS $0.23 vs $0.35; FY EPS $1.39 vs $1.55
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000095017023004118/0000950170-23-004118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000095017023004118/prdo-20230223.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-004118

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer