secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001564590-22-006710
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000156459022006710/0001564590-22-006710-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000156459022006710/prdo-8k_20220224.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-006710

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