secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0000950170-23-058222
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000095017023058222/0000950170-23-058222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000095017023058222/prdo-20231102.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-058222

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