---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-006710"
form_type: "8-K"
ticker: "PRDO"
cik: "0001046568"
company_name: "PERDOCEO EDUCATION Corp"
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T04:32:39.506665+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Perdoceo Education Q4 revenue down 6.6% to $159.9M; full year adjusted EPS $1.70

## Summary
- Full year 2021 revenue $693.0M (+0.8% YoY); operating income $149.0M (+4.3%); adjusted EPS $1.70 vs $1.56.
- Q4 revenue $159.9M (-6.6% YoY); operating income $34.6M (-4.5%); adjusted operating income $42.0M (+1.7%).
- Total student enrollments 40,400 (-5.4%); CTU up 0.4% to 24,700, AIU System down 13.3% to 15,700.
- Cash and investments $499.4M at year end; completed Hippo and DigitalCrafts acquisitions in 2021.
- Andrew Hurst named President and CEO; Todd Nelson remains Executive Chairman.

## SEC filing metadata
- accession: 0001564590-22-006710
- form_type: 8-K
- ticker: PRDO
- cik: 0001046568
- company_name: PERDOCEO EDUCATION Corp
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046568/000156459022006710/0001564590-22-006710-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046568/000156459022006710/prdo-8k_20220224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-006710
- JSON: https://secwatch.observer/filing/0001564590-22-006710.json
- Plain text: https://secwatch.observer/filing/0001564590-22-006710.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.