---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-018259"
form_type: "8-K"
ticker: "PRDO"
cik: "0001046568"
company_name: "PERDOCEO EDUCATION Corp"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:16:54.523846+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Perdoceo Q1 revenue flat at $183M, EPS up to $0.46; enrollments down 14.7%

## Summary
- Revenue $183.0M ( -0.4% YoY); CTU +6.9% to $113.1M, AIUS -10.3% to $69.5M.
- Operating income $43.7M (+7.6% YoY); adjusted operating income $50.9M (+13.5%).
- GAAP EPS $0.46 diluted vs $0.43; adjusted EPS $0.50 vs $0.44.
- Total enrollments 37,600 ( -14.7%); CTU -13.9%, AIUS -16.1% due to calendar redesign.
- Cash & investments $499.3M; no specific 2022 guidance update provided.

## SEC filing metadata
- accession: 0001564590-22-018259
- form_type: 8-K
- ticker: PRDO
- cik: 0001046568
- company_name: PERDOCEO EDUCATION Corp
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046568/000156459022018259/0001564590-22-018259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046568/000156459022018259/prdo-8k_20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-018259
- JSON: https://secwatch.observer/filing/0001564590-22-018259.json
- Plain text: https://secwatch.observer/filing/0001564590-22-018259.txt

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