secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0001564590-22-028445
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perdoceo Q2 revenue down 4.5% to $167.7M; enrollments fall 7%
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- Q2 revenue $167.7M (down 4.5% YoY); CTU revenue -1.5%, AIUS -8.6%.
- GAAP diluted EPS $0.37 (flat YoY); adjusted diluted EPS $0.42 vs $0.41.
- Total student enrollments 40,100, down 7.0% (CTU -2.3%, AIUS -14.5%).
- Cash, equivalents, restricted cash and ST investments $516.8M.
- Year-to-date revenue $350.6M (-2.4%); op income $77.6M (+1.4%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000156459022028445/0001564590-22-028445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000156459022028445/prdo-8k_20220808.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-028445

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