Perdoceo Q1 revenue up 26.6% to $213M, EPS $0.65, adjusted EPS $0.70, enrollments up 16.7%

PERDOCEO EDUCATION Corp

2025-Q1 EPS reported $0.65 revenue$213,004,000

Revenue $213.0M (+26.6% YoY); operating income $51.7M (+11.8%); adjusted operating income $63.5M (+28.9%).
GAAP EPS $0.65; adjusted EPS $0.70 vs $0.60 prior year year.
Total enrollments 48,200 (+16.7%); CTU up 10.6%, AIUS down 4.5%, USAHS added 4,200 students.
Cash & short-term investments $612.2M; USAHS acquisition contributed $39.2M revenue in its first quarter.
CEO Todd Nelson: Q1 results exceeded expectations; expects continued strong student retention and engagement.

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