PRDO Q3 revenue up 6.8% to $179.9M; EPS $0.62 vs $0.32; enrollments down 12.7%

PERDOCEO EDUCATION Corp

2023-Q3 EPS reported $1.92 revenue$562,085,000

GAAP EPS $0.62 ($0.64 adjusted); operating income up 46.9% to $43.1M.
CTU revenue grew 23.6% to $120.6M; AIUS revenue fell 16.1% to $59.2M.
Total student enrollments fell 12.7% (AIUS -34.2%, CTU -0.4%).
Cash and investments $603.7M; board declared Q3 dividend $0.11/share payable Dec 15.
Year-to-date revenue up 8.3% to $562.1M; operating income up 25.7% to $134.5M.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PERDOCEO EDUCATION Corp reported financial results for the quarter and year ended September 30, 2023.

Period: the quarter and year ended September 30, 2023
Result: reported results

Exact text from the filing

On November 2, 2023, Perdoceo Education Corporation (the “Company”) issued a press release describing the Company’s financial results for the quarter and year ended September 30, 2023 and providing the Company’s 2023 outlook.

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Source: SEC EDGAR

accession 0000950170-23-058222

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