PERDOCEO EDUCATION Corp shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm for the year ending December 31, 2026 at the 2026-12-31 meeting.
“The Company’s stockholders voted as follows to ratify the selection of Grant Thornton LLP as the independent registered public accounting firm to audit the Company’s financial statements for the year ended December 31, 2026: Votes For: Against: Abstain: 57,810,135 671,429 3,591”
“The Company’s stockholders approved, on a nonbinding advisory basis, the executive compensation paid by the Company to its named executive officers, by the votes set forth in the table below: Votes For: Against: Abstain: Broker Non-Votes: 53,091,201 1,058,312 62,196 4,273,446”
“The Company’s stockholders approved the Perdoceo Education Corporation 2026 Long-Term Incentive Plan, by the votes set forth in the table below: Votes For: Against: Abstain: Broker Non-Votes: 51,753,505 2,443,873 14,331 4,273,446”
Shareholder Votes
PERDOCEO EDUCATION Corp shareholders approved Election of nine directors to the Company's Board of Directors.
“The Company’s stockholders voted as follows to elect nine directors to the Company’s Board of Directors: Directors: Votes For: Against: Abstain: Broker Non-Votes: Dennis H. Chookaszian 52,077,303 2,131,513 2,893 4,273,446”
Earnings Releases
PERDOCEO EDUCATION Corp reported the first quarter ended March 31, 2026 results: revenue $221.7 million, EPS $0.85.
“First Quarter 2026 Results as Compared to Prior Year Quarter • Operating income increased 22.0% to $63.1 million, while adjusted operating income increased 14.1% to $72.5 million*. • Revenue increased 4.1% to $221.7 million compared to $213.0 million. • Total student enrollments at March 31, 2026 increased by 1.1%. Total student enrollment growth at CTU and USAHS was partially offset by the expected decline at AIUS. • Earnings per diluted share was $0.85 as compared to $0.65, while adjusted earnings per diluted share grew by 28.6% to $0.90 as compared to $0.70*.”
Hanna Skandera was appointed as Director at PERDOCEO EDUCATION Corp.
“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”
M&A Transactions
PERDOCEO EDUCATION Corp completed an acquisition involving University of St. Augustine Parent Corp. for $138.0 million (net of cash acquired) (closed 2024-12-02).
“with and into USAPC (the “Merger”), with USAPC surviving the Merger as a wholly-owned direct subsidiary of the Company. The Company paid an aggregate cash purchase price of $138.0 million (net of cash acquired), which is subject to customary post-closing adjustments and escrow arrangements. The foregoing description of the Merger Agreement and the transactions”
Earnings Releases
PERDOCEO EDUCATION Corp reported the quarter ended March 31, 2024 results: revenue $168.3 million, EPS $0.59 per diluted share.
“First Quarter 2024 Results as Compared to Prior Year Quarter • Operating income increased 6.8% to $46.3 million, while adjusted operating income decreased 6.8% to $49.5 million.* • Earnings per diluted share was $0.59 as compared to $0.50, while adjusted earnings per diluted share was $0.60 as compared to $0.58.* • Revenue decreased 14.0% to $168.3 million while total student enrollments at March 31, 2024 increased by 9.0%.”
Earnings Releases
PERDOCEO EDUCATION Corp reported the quarter and year ended December 31, 2023 results: revenue $710.0 million, EPS $2.18.
“cash, cash equivalents, restricted cash and available-for-sale-short-term investments. Fourth Quarter 2023 Results as Compared to Prior Year Quarter • Revenue decreased 16.0% to $147.9 million, primarily driven by the enrollment reduction at AIUS. • Operating income decreased 29.7% to $15.9 million, while adjusted operating income decreased 40.2% to $19.4 million.* •”
Gregory L. Jackson was named as Chairman of the Board at PERDOCEO EDUCATION Corp.
“Gregory L. Jackson, the Board’s current Lead Independent Director, was named Chairman of the Board, effective on the Transition Date.”
Andrew Hurst resigned as President and Chief Executive Officer at PERDOCEO EDUCATION Corp.
“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.”
Todd Nelson was appointed as President and Chief Executive Officer at PERDOCEO EDUCATION Corp.
“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.”
Earnings Releases
PERDOCEO EDUCATION Corp reported financial results for the quarter and year ended September 30, 2023.
“On November 2, 2023, Perdoceo Education Corporation (the “Company”) issued a press release describing the Company’s financial results for the quarter and year ended September 30, 2023 and providing the Company’s 2023 outlook.”
Governance Changes
PERDOCEO EDUCATION Corp: Amendment to Certificate of Incorporation to limit liability of certain officers (effective 2023-05-25).
“On May 25, 2023, at the Annual Meeting, the Company’s stockholders approved an amendment to the Certificate of Incorporation to limit the liability of certain officers of the Company. The amendment to the Certificate of Incorporation was filed with the Secretary of State of Delaware and became effective on May 25, 2023”
Shareholder Votes
PERDOCEO EDUCATION Corp shareholders approved Amendment to Restated Certificate of Incorporation to limit liability of certain officers at the 2023-05-25 meeting.
“(5) The Company’s stockholders approved the amendment to the Company’s Restated Certificate of Incorporation to limit the liability of certain officers of the Company, by the votes set forth in the table below: Votes For: Against: Abstain: Broker Non-Votes 46,367,531 6,712,294 81,351 4,801,697 Proposal 5 was approved.”
Shareholder Votes
PERDOCEO EDUCATION Corp shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-05-25 meeting.
“(4) The Company’s stockholders voted as follows to ratify the selection of Grant Thornton LLP as the independent registered public accounting firm to audit the Company’s financial statements for the year ended December 31, 2023: Votes For: Against: Abstain: Broker Non-Votes 57,688,010 267,836 7,027 0 Proposal 4 was approved.”
Shareholder Votes
PERDOCEO EDUCATION Corp shareholders approved Advisory vote on frequency of the advisory vote on executive compensation at the 2023-05-25 meeting.
“(3) The Company’s stockholders recommended, on a nonbinding advisory basis, the frequency of the advisory vote on executive compensation paid by the Company to its named executive officers, by the votes set forth in the table below: 1 Year: 2 Years: 3 Years: Abstain: 47,824,421 11,405 5,249,435 75,915 For Proposal 3, in light of the vote of the stockholders on this proposal, the Company has determined to hold future advisory votes on named executive officer compensation every year until the next required stockholder vote on the frequency of such votes is held or until the Board of Directors otherwise determines that a different frequency for such advisory votes is in the best interests of the Company's stockholders.”
Shareholder Votes
PERDOCEO EDUCATION Corp shareholders approved Advisory vote on executive compensation paid to named executive officers at the 2023-05-25 meeting.
“(2) The Company’s stockholders approved, on a nonbinding advisory basis, the executive compensation paid by the Company to its named executive officers, by the votes set forth in the table below: Votes For: Against: Abstain: Broker Non-Votes: 52,228,195 723,949 209,032 4,801,697 Proposal 2 was approved on an advisory basis.”
Shareholder Votes
PERDOCEO EDUCATION Corp shareholders approved Election of nine directors to the Company's Board of Directors at the 2023-05-25 meeting.
“The Company held its annual meeting of stockholders on May 25, 2023 (the “ Annual Meeting ”). At the Annual Meeting, the following matters were voted on: (1) The Company’s stockholders voted as follows to elect nine directors to the Company’s Board of Directors: Directors: Votes For: Against: Abstain: Broker Non-Votes: Dennis H. Chookaszian 49,007,827 4,148,367 4,982 4,801,697 Kenda B. Gonzales 52,448,833 706,726 5,617 4,801,697 Patrick W. Gross 51,344,094 1,811,966 5,116 4,801,697 William D. Hansen 51,104,502 2,051,721 4,953 4,801,697 Andrew H. Hurst 52,110,585 1,045,538 5,053 4,801,697 Gregory L. Jackson 50,648,290 2,507,818 5,068 4,801,697 Todd S. Nelson 51,074,663 2,081,521 4,992 4,801,697 Leslie T. Thornton 39,070,362 14,085,747 5,067 4,801,697 Alan D. Wheat 51,406,211 1,749,231 5,734 4,801,697 Each nominee was elected.”
Gregory L. Jackson was appointed as Lead Director at PERDOCEO EDUCATION Corp.
“the independent members of the board selected Mr. Gregory L. Jackson to serve as Lead Director.”
Thomas B. Lally retired as Director at PERDOCEO EDUCATION Corp.
“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”
Earnings Releases
PERDOCEO EDUCATION Corp reported the quarter ended March 31, 2023 results: revenue $195.6 million, EPS $0.50 per diluted share.
“First Quarter 2023 Results as Compared to Prior Year Quarter • Revenue increased 6.9% to $195.6 million, with a 10.0% increase at CTU and a 1.9% increase at AIUS. • Operating income decreased 0.8% to $43.3 million, while adjusted operating income increased 4.3% to $53.1 million.* • Earnings per diluted share was $0.50 as compared to $0.46, while adjusted earnings per diluted share was $0.58 as compared to $0.50.*”
Earnings Releases
PERDOCEO EDUCATION Corp reported the year ended December 31, 2022 results: revenue $695.2 million, EPS $1.39 per diluted share.
“Revenue increased 0.3% to $695.2 million, with a 2.7% increase at CTU mostly offset by a 3.1% decline at AIUS. • Operating income decreased 13.0% to $129.6 million, while adjusted operating income decreased 6.6% to $164.0 million.* • Earnings per diluted share was $1.39 as compared to $1.55, while adjusted earnings per diluted share was $1.63 as compared to $1.70.*”
Earnings Releases
PERDOCEO EDUCATION Corp reported the quarter ended December 31, 2022 results: revenue $176.1 million, EPS $0.23 per diluted share.
“Revenue increased 10.2% to $176.1 million, with a 13.1% increase at CTU and a 5.9% increase at AIUS. • Operating income decreased 34.4% to $22.7 million, while adjusted operating income decreased 22.9% to $32.4 million, primarily due to certain one-time investments within our academic institutions.* • Earnings per diluted share was $0.23 as compared to $0.35, while adjusted earnings per diluted share was $0.31 as compared to $0.40.*”
Earnings Releases
PERDOCEO EDUCATION Corp reported the quarter and year to date ended September 30, 2022 results: revenue $519.1 million, EPS $1.16. Guidance raised.
“and financial results for the quarter and year to date ended September 30, 2022. Third Quarter 2022 Results as Compared to Prior Year Quarter • Revenue decreased 3.2% to $168.4 million, with a 6.9% decrease at CTU partially offset by a 2.4% increase at AIUS. • Operating income decreased 22.5% to $29.3 million, while adjusted operating income decreased 16.5% to”
Thomas Lally was appointed as Lead Director at PERDOCEO EDUCATION Corp.
“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.”
Elise Baskel was appointed as Senior Vice President – Colorado Technical University at PERDOCEO EDUCATION Corp.
“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.”
Andrew Hurst was appointed as President and Chief Executive Officer at PERDOCEO EDUCATION Corp.
“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.”
Todd Nelson changed role as Executive Chairman of the Board of Directors at PERDOCEO EDUCATION Corp.
“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 ”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.