{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-017942","form_type":"8-K","ticker":"PRDO","cik":"0001046568","company_name":"PERDOCEO EDUCATION Corp","filed_at":"2024-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.218644+00:00","generated_at":"2026-06-05T21:37:46.563432+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Perdoceo FY2023 revenue $710M (+2.1%), EPS $2.18; Q4 revenue down 16%","bullets":["Full year 2023 revenue $710.0M (+2.1%); operating income $150.4M (+16.1%); diluted EPS $2.18 vs $1.39.","Q4 2023 revenue $147.9M (-16.0%); operating income $15.9M (-29.7%); adjusted diluted EPS $0.27 vs $0.31.","CTU total student enrollments up 3.2% to 26,000; AIUS down 39.3% to 8,500 as of Dec 31, 2023.","Board declared Q4 dividend $0.11/share, payable March 15, 2024.","Adjusted operating income for FY2023 increased 6.7% to $174.9M; adjusted EPS $2.10 vs $1.63."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-017942","json":"https://secwatch.observer/filing/0000950170-24-017942.json","markdown":"https://secwatch.observer/filing/0000950170-24-017942.md","text":"https://secwatch.observer/filing/0000950170-24-017942.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1046568/000095017024017942/0000950170-24-017942-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1046568/000095017024017942/prdo-20240221.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:37:46.563432+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":"e9bac017f5f8dc3464cd1bf7319f7335e309e7d1","claim":"PERDOCEO EDUCATION Corp reported the quarter and year ended December 31, 2023 results: revenue $710.0 million, EPS $2.18.","evidence_excerpt":"cash, cash equivalents, restricted cash and available-for-sale-short-term investments. Fourth Quarter 2023 Results as Compared to Prior Year Quarter • Revenue decreased 16.0% to $147.9 million, primarily driven by the enrollment reduction at AIUS. • Operating income decreased 29.7% to $15.9 million, while adjusted operating income decreased 40.2% to $19.4 million.* •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046568/000095017024017942/0000950170-24-017942-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$710.0 million"},{"label":"EPS","value":"$2.18"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e9bac017f5f8dc3464cd1bf7319f7335e309e7d1","claim":"PERDOCEO EDUCATION Corp reported the quarter and year ended December 31, 2023 results: revenue $710.0 million, EPS $2.18.","evidence_excerpt":"today reported operating and financial results for the quarter and year ended December 31, 2023. Full Year 2023 Results as Compared to Prior Year • Revenue increased 2.1% to $710.0 million, supported by an 11.8% increase at CTU. • Operating income increased 16.1% to $150.4 million, while adjusted operating income increased 6.7% to $174.9 million.* • Earnings per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1046568/000095017024017942/0000950170-24-017942-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$710.0 million"},{"label":"EPS","value":"$2.18"},{"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"}