Perdoceo Education Q3 revenue $174M (+2.9%), adj. EPS $0.45 vs $0.35

PERDOCEO EDUCATION Corp

2021-Q3 EPS reported $1.19 revenue$533,175,000

Revenue $174.0M (+2.9% YoY); operating income $37.9M (+18%); adj. operating income $46.3M (+28.4%).
GAAP diluted EPS $0.39; adjusted diluted EPS $0.45 vs $0.35; YTD adj. EPS $1.29 vs $1.16.
Total student enrollments down 0.9% (CTU +7.5%, AIU -11.6%); CTU benefited from academic calendar redesign.
Completed acquisitions of DigitalCrafts and Hippo Education, expanding professional development and continuing education offerings.
Cash and short-term investments $481M at quarter end; no explicit financial guidance update provided.

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