secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001564590-22-018259
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000156459022018259/0001564590-22-018259-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000156459022018259/prdo-8k_20220505.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-018259

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