secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0000950170-24-017942
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perdoceo FY2023 revenue $710M (+2.1%), EPS $2.18; Q4 revenue down 16%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000095017024017942/0000950170-24-017942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000095017024017942/prdo-20240221.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-017942

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