secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K/A
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0000950170-25-022291
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perdoceo files financials for acquired University of St. Augustine; FY23 revenue $170.5M
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- Acquired entity revenue net of discounts: $170.5M (2023), $176.4M (2022); net income $15.0M (2023), $20.8M (2022).
- Total assets as of Dec 31, 2023: $559.1M; long-term debt (net) $172.2M; stockholder's equity $269.5M.
- Pro forma unaudited combined income statements for FY23 and nine months ended Sep 30, 2024 also filed.
- Acquisition closed Dec 2, 2024 for $137.8M cash; this amendment provides required financial statements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000095017025022291/0000950170-25-022291-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000095017025022291/prdo-20241202.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-022291

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