Highest-materiality recent filing
Perdoceo Q2 EPS $0.75, revenue $213.4M; dividend raised 13.3% to $0.17
Diluted EPS $0.75 (GAAP), adjusted $0.80; revenue $213.4M (+1.8% YoY); operating income $54.9M (+6.8%).
Perdoceo stockholders approve 2026 LTIP, authorizing 4.5M new shares
Stockholders approved the 2026 Long-Term Incentive Plan, authorizing 4,500,000 shares for issuance.
Perdoceo Q1: EPS $0.85 (up 30.8%), revenue $221.7M (+4.1%), operating income $63.1M (+22%)
Revenue $221.7M (+4.1% YoY); operating income $63.1M (+22.0%); adjusted operating income $72.5M (+14.1%).
Perdoceo Education Corp approves 2026 Annual Incentive Plan with same structure as 2025
Compensation Committee approved 2026 Annual Incentive Plan on March 10, 2026.
Perdoceo FY2025 revenue $846.1M (+24%); adjusted EPS $2.61; declares $0.15 dividend
FY2025 revenue $846.1M, up 24.2% YoY; operating income $196.0M (+12.5%); GAAP EPS $2.42.
Perdoceo reaffirms FY adjusted operating income $234-236M, authorizes $100M buyback
Reaffirmed full year adjusted operating income guidance of $234M to $236M, consistent with Nov 4, 2025 release.
Perdoceo Education Q3 revenue up 24.8% to $211.9M; enrollments +15.1%
Q3 2025 revenue $211.9M vs $169.8M prior year (+24.8%); YTD revenue $634.5M (+25.7%).
Perdoceo Q2 revenue up 25.7% to $209.6M; raises dividend 15.4%, authorizes $75M buyback
Q2 2025 revenue $209.6M (+25.7% YoY); operating income $51.4M (+11.7%); adjusted EPS $0.67 vs $0.59.
All eight director nominees elected with >53.5M votes for each; broker non-votes ~4.76M.
Perdoceo Q1 revenue up 26.6% to $213M, EPS $0.65, adjusted EPS $0.70, enrollments up 16.7%
Revenue $213.0M (+26.6% YoY); operating income $51.7M (+11.8%); adjusted operating income $63.5M (+28.9%).
Perdoceo Education sets 2025 AIP, raises CEO salary to $850k, adjusts CFO LTI target
2025 Annual Incentive Plan approved; 80% adjusted operating income + 20% individual goals; threshold required, cap at 200% of target.
Perdoceo files financials for acquired University of St. Augustine; FY23 revenue $170.5M
Acquired entity revenue net of discounts: $170.5M (2023), $176.4M (2022); net income $15.0M (2023), $20.8M (2022).
Perdoceo Q4 revenue +19%, EPS $0.47; full-year adjusted EPS $2.29, up from $2.10
Q4 revenue $176.4M (+19.3% YoY); operating income $37.2M (+133.2%); diluted EPS $0.47 vs $0.26.
Perdoceo appoints Hanna Skandera to Board; expands seats from 8 to 9
Hanna Skandera appointed to Perdoceo Board effective Feb 3, 2025; board expanded from 8 to 9 seats.
Perdoceo Education declares $0.13 quarterly dividend, payable March 13
Quarterly dividend of $0.13 per share declared on common stock.
Perdoceo completes $138M acquisition of University of St. Augustine for Health Sciences
Paid ~$138M net cash for USAHS, a graduate health sciences university with campuses in CA, FL, TX.
Perdoceo Q3 revenue down 5.6% to $169.8M; EPS $0.57; enrollments up 11%; acquisition on track
Revenue $169.8M (-5.6% YoY) on lag from 2023 AIUS/CTU changes.
Perdoceo Q2 revenue $166.7M (-10.6% YoY), operating income $46.0M; dividend raised 18.2% to $0.13
Revenue decreased 10.6% to $166.7M; operating income down 4.3% to $46.0M.
Purchase price $142M-$144M cash; expected to close December 2024 subject to regulatory and antitrust approvals.
All eight director nominees elected; top vote-getter Kenda B. Gonzales received 53,129,088 for.
Perdoceo Q1 earnings: EPS $0.59 vs $0.50, revenue down 14% to $168.3M, enrollments up 9%
Operating income up 6.8% to $46.3M; adjusted operating income down 6.8% to $49.5M.
Perdoceo Education approves 2024 AIP, raises CFO base to $506,860
CFO Ashish Ghia's base salary increased 3.5% to $506,860 effective March 1, 2024.
Perdoceo FY2023 revenue $710M (+2.1%), EPS $2.18; Q4 revenue down 16%
Full year 2023 revenue $710.0M (+2.1%); operating income $150.4M (+16.1%); diluted EPS $2.18 vs $1.39.
Perdoceo declares $0.11/share quarterly dividend payable March 15, 2024
Quarterly dividend of $0.11 per share declared on February 5, 2024.
Perdoceo Education amends credit facility: maturity to 2027, prime floor lowered to 3%
Maturity extended to January 31, 2027; Prime rate floor lowered from 4% to 3%.
Perdoceo appoints Todd Nelson CEO; Andrew Hurst resigns with $2.25M separation
Todd Nelson appointed President & CEO effective Nov 16; previously CEO 2015-2022 and Executive Chairman.
PRDO Q3 revenue up 6.8% to $179.9M; EPS $0.62 vs $0.32; enrollments down 12.7%
GAAP EPS $0.62 ($0.64 adjusted); operating income up 46.9% to $43.1M.
Perdoceo Q2 revenue +11.3% to $186.6M, EPS $0.80, declares first dividend $0.11
Revenue up 11.3% to $186.6M; CTU revenue +18.7%, AIUS flat.
Perdoceo director Lally retires, board reduced to nine, all director nominees elected
Thomas B. Lally retired from board effective May 25, 2023; board reduced from ten to nine directors.
Perdoceo Education Q1 revenue up 6.9% to $195.6M; adjusted EPS $0.58 vs $0.50
Revenue $195.6M (+6.9% YoY); CTU up 10.0%, AIUS up 1.9%.
Perdoceo Education corrects clerical error in executive bonus; details 2023 compensation
Corrected bonus: Kline $240,670 (was $370,260); Baskel $227,500 (was $350,000).
Perdoceo Education raises CEO base to $650K, approves 2023 AIP with adjusted operating income metric
CEO Todd Hurst base salary increased to $650,000; AIP target raised from 85% to 100% of base.
Perdoceo Q4 revenue up 10.2% to $176.1M; GAAP EPS $0.23 vs $0.35; FY EPS $1.39 vs $1.55
Q4 revenue $176.1M (+10.2% YoY); CTU +13.1%, AIUS +5.9%.
Perdoceo Q3 revenue down 3.2% to $168.4M; adj. EPS $0.39 vs $0.45; full-year guidance raised
Revenue $168.4M (-3.2% YoY); CTU -6.9%, AIUS +2.4% (incl. July 2022 acquisition).
Perdoceo Q2 revenue down 4.5% to $167.7M; enrollments fall 7%
Q2 revenue $167.7M (down 4.5% YoY); CTU revenue -1.5%, AIUS -8.6%.
Perdoceo stockholders elect directors, approve say-on-pay, ratify auditor at annual meeting
Ten directors elected with overwhelming support; votes for ranged from 47.4M to 53.4M out of ~54.2M votes cast.
Perdoceo Q1 revenue flat at $183M, EPS up to $0.46; enrollments down 14.7%
Revenue $183.0M ( -0.4% YoY); CTU +6.9% to $113.1M, AIUS -10.3% to $69.5M.
Perdoceo changes LTI mix to 50/50 for NEOs, awards CFO $352K retention bonus
2022 Annual Incentive Plan uses 80% adjusted EBITDA / 20% individual goals with cap of 200% of target, same as 2021.
Perdoceo Education Q4 revenue down 6.6% to $159.9M; full year adjusted EPS $1.70
Full year 2021 revenue $693.0M (+0.8% YoY); operating income $149.0M (+4.3%); adjusted EPS $1.70 vs $1.56.
Perdoceo appoints Andrew Hurst as CEO; Todd Nelson becomes Executive Chairman
Andrew Hurst appointed President & CEO, effective Jan 20, 2022; also joins Board.
Perdoceo Education Q3 revenue $174M (+2.9%), adj. EPS $0.45 vs $0.35
Revenue $174.0M (+2.9% YoY); operating income $37.9M (+18%); adj. operating income $46.3M (+28.4%).
Perdoceo acquires Hippo Education for $42M cash to expand healthcare offerings
Initial cash consideration of ~$42M funded from available cash; Hippo acquired by Colorado Technical University subsidiary.
Perdoceo Education enters $125M senior secured revolving credit facility with Wintrust Bank
New $125M senior secured revolving credit facility replaces prior $50M facility maturing Jan 2022.
Perdoceo Q2 2021 revenue $175.5M (-0.3% YoY), adj. EPS $0.41; acquires DigitalCrafts for $16.25M
Q2 2021 revenue $175.5M (-0.3% YoY); diluted GAAP EPS $0.37 vs $0.40; adjusted EPS $0.41 vs $0.41.
On February 3, 2025, the Board of Directors (the “Board”) of Perdoceo Education Corporation (the " Company ") appointed Hanna Skandera to the Board for a term expiring at the 2025 annual meeting of stockholders
On November 15, 2023, Andrew Hurst resigned as President and Chief Executive Officer of the Company and as a director of the Company, effective immediately.
Gregory L. Jackson, the Board’s current Lead Independent Director, was named Chairman of the Board, effective on the Transition Date.
On November 17, 2023, Perdoceo Education Corporation (the “ Company ”) announced that, effective November 16, 2023 (the “ Transition Date ”), Todd Nelson has been appointed as President and Chief Executive Officer of the Company and transitioned from his position of Executive Chairman of the Board of Directors (the “ Board ”) to fill such offices.
On February 21, 2023, Mr. Thomas B. Lally informed Perdoceo Education Corporation (the “ Company ”) that he will retire and not stand for re-election to the board of directors at the Company's annual meeting of stockholders on May 25, 2023
the independent members of the board selected Mr. Gregory L. Jackson to serve as Lead Director.
On the same date, the Company announced that Andrew Hurst, age 59, who is currently serving the Company as Senior Vice President – Colorado Technical University, has been appointed by the Board to serve as the Company’s President and Chief Executive Officer, effective as of the Transition Date.
Further, on the Transition Date, the Company announced that Thomas Lally, formerly the Company’s Chairman of the Board, has been appointed by the Board to serve as the Lead Director.
On January 20, 2022, Perdoceo Education Corporation (the “ Company ”) announced that, effective January 20, 2022 (the “ Transition Date ”), Todd Nelson transitioned from his role as President and Chief Executive Officer of the Company to the role of Executive Chairman of the Board of Directors (the “ Board ”).
In connection with the appointment of Mr. Hurst as President and Chief Executive Officer, the Board has appointed Elise Baskel, who is currently serving the Company as chief operating officer of Colorado Technical University, to serve as the Company’s Senior Vice President – Colorado Technical University.
Max materiality 0.80 · Median 0.65 · Most common event earnings