secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001564590-21-041605
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perdoceo Q2 2021 revenue $175.5M (-0.3% YoY), adj. EPS $0.41; acquires DigitalCrafts for $16.25M
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- Q2 2021 revenue $175.5M (-0.3% YoY); diluted GAAP EPS $0.37 vs $0.40; adjusted EPS $0.41 vs $0.41.
- Total student enrollments up 7.5% to 43,100; CTU up 14.2%, AIU down 1.8%.
- Operating income $36.0M (-3.8% YoY); adjusted operating income $42.3M (+1.8%).
- Cash & short-term investments $480.7M; balance sheet remains strong.
- Acquired DigitalCrafts for initial $16.25M cash plus up to $2.5M contingent earnout in early 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000156459021041605/0001564590-21-041605-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000156459021041605/prdo-8k_20210805.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-041605

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