Perdoceo Q2 revenue +11.3% to $186.6M, EPS $0.80, declares first dividend $0.11

PERDOCEO EDUCATION Corp

2023-Q2 EPS reported $1.30 revenue$382,162,000

Revenue up 11.3% to $186.6M; CTU revenue +18.7%, AIUS flat.
GAAP EPS $0.80 (vs $0.37); adjusted EPS $0.61 (vs $0.42).
Operating income +41.7% to $48.1M; adjusted operating income +31.5% to $55.2M.
Total student enrollments down 5.2% (CTU flat, AIUS -14.2%).
Board declared inaugural $0.11/share quarterly dividend, payable Sept 15, 2023.

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