Perdoceo Education Corporation provides postsecondary education to student through online, campus based, and blended learning programs in the United States. It operates through two segments, Colorado Technical University and American InterContinental University. The company offers academic programs in the career-oriented disciplines of business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, criminal justice, education, and health sciences. It also operates intellipath, a personalized learning platform; and mobile application and two-way messaging platform. As of December 31, 2020, the company had a total student enrollment of approximately 42,700 students. The company was formerly known as Career Education Corporation and changed its name to Perdoceo Education Corporation in January 2020. Perdoceo Education Corporation was incorporated in 1994 and is headquartered in Schaumburg, Illinois.
IPO Year:
Exchange: NASDAQ
Website: perdoceoed.com
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8-K - PERDOCEO EDUCATION Corp (0001046568) (Filer)
10-Q - PERDOCEO EDUCATION Corp (0001046568) (Filer)
8-K - PERDOCEO EDUCATION Corp (0001046568) (Filer)
10-Q - PERDOCEO EDUCATION Corp (0001046568) (Filer)
8-K - PERDOCEO EDUCATION Corp (0001046568) (Filer)
8-K - PERDOCEO EDUCATION Corp (0001046568) (Filer)
8-K - PERDOCEO EDUCATION Corp (0001046568) (Filer)
10-Q - PERDOCEO EDUCATION Corp (0001046568) (Filer)
8-K - PERDOCEO EDUCATION Corp (0001046568) (Filer)
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Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter and year to date ended September 30, 2024. Third Quarter 2024 Results as Compared to Prior Year Quarter Total student enrollments increased by 11.0% supported by a 13.6% increase at CTU and a 4.0% increase at AIUS. Operating income increased 4.0% to $44.8 million, while adjusted operating income increased 2.8% to $48.6 million.* As expected, revenue for the quarter was lower by 5.6% due to the lag impact from the 2023 operational changes at AIUS and simplification of our professional development offerings at CTU. Earnings per diluted share were $0.57 as compared to $0.62
Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced it will report third quarter 2024 financial results after the market closes on Tuesday, November 12, 2024. The Company will host a live conference call and webcast to discuss the results and its 2024 outlook later that evening at 5:00 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 4671240. Viewers can a
NOTE TO EDITORS: The Following is an Investment Opinion Issued by Spruce Point Capital Management Believes That Zebra Is Downplaying Competitive Pressures Across Its Core Hardware, Services and Software Offerings, and May Be Embellishing Market Leadership Claims Highlights How Zebra is Not Adequately Addressing a Variety of Trends and Factors Working Against the Company Outlines Why Zebra's $2.1 Billion Levered Acquisition Spree and Venture Investments – Which Expanded Its Offerings into Analytics, Robotics, and Machine Vision – Should be Characterized as Failures Expresses Concerns About Multiple Accounting and Financial Reporting Choices Made by Zebra Given That It Describes Its C
Increases second quarter per share dividend by 18.2% to $0.13 per share Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter and year to date ended June 30, 2024. Second Quarter 2024 Results as Compared to Prior Year Quarter Total student enrollments at June 30, 2024 increased by 4.2% supported by a 14.7% increase at CTU that was partially offset with an 18.2% decrease at AIUS. Revenue decreased 10.6% to $166.7 million. This decrease was expected and partially due to a lag impact from the operational changes made at AIUS in the prior year. Operating income decreased 4.3% to $46.0 million, while adjusted operating income dec
Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced it will report second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. The Company will host a live conference call and webcast to discuss the results and its 2024 outlook later that evening at 5:30 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 5668214. Viewers can a
Perdoceo Education Corporation ("Perdoceo" or the "Company") (NASDAQ:PRDO), a provider of postsecondary education, today reported that it has signed a definitive agreement to acquire 100% ownership of the University of St. Augustine for Health Sciences, LLC (USAHS). The material terms of the transaction have been described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission today. Completion of the acquisition is subject to customary closing conditions and satisfactory regulatory approvals from the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges (WASC), as well as other key regulatory bo
Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter ended March 31, 2024. 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%. Ended the quarter with $642.4 million in cash, cash equivalents, restricted cash and available-for-sale-short-term investments. *S
Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced it will report first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024. The Company will host a live conference call and webcast to discuss the results and its 2024 outlook later that evening at 5:30 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 7780778. Viewers can also
Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter and year ended December 31, 2023. Full Year 2023 Results as Compared to Prior Year Revenue increased 2.1% to $710.0 million, supported by an 11.8% increase at CTU. Operating income increased 16.1% to $150.4 million, while adjusted operating income increased 6.7% to $174.9 million.* Earnings per diluted share were $2.18 as compared to $1.39, while adjusted earnings per diluted share were $2.10 as compared to $1.63.* Total student enrollments at December 31, 2023 increased 3.2% at CTU while AIUS decreased 39.3%. Ended the year with $604.2 million in cash, cash equivalen
Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced that its board of directors declared a quarterly dividend of $0.11 per share of common stock as part of the Company's dividend policy, which will be paid on March 15, 2024, to holders of record of the Company's common stock as of March 1, 2024. Any decision to pay future cash dividends, however, will be made by the board of directors and depend on the Company's available retained earnings, financial condition and other relevant factors. About Perdoceo Education Corporation Perdoceo's accredited academic institutions offer a quality postsecondary education primarily online to a d
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Perdoceo Education Corporation ("Perdoceo" or the "Company") (NASDAQ:PRDO), a provider of postsecondary education, today completed its previously announced acquisition of University of St. Augustine for Health Sciences, LLC (USAHS). The Company paid a cash consideration of approximately $138M (net of cash acquired), which is subject to customary post-closing adjustments and escrow arrangements. USAHS is one of the nation's leading universities offering graduate health sciences degrees, primarily in physical therapy, occupational therapy, speech language therapy, nursing, as well as continuing-education programs. Founded in 1979, USAHS educates students through its network of campuses in S
Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter and year to date ended September 30, 2024. Third Quarter 2024 Results as Compared to Prior Year Quarter Total student enrollments increased by 11.0% supported by a 13.6% increase at CTU and a 4.0% increase at AIUS. Operating income increased 4.0% to $44.8 million, while adjusted operating income increased 2.8% to $48.6 million.* As expected, revenue for the quarter was lower by 5.6% due to the lag impact from the 2023 operational changes at AIUS and simplification of our professional development offerings at CTU. Earnings per diluted share were $0.57 as compared to $0.62
Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced it will report third quarter 2024 financial results after the market closes on Tuesday, November 12, 2024. The Company will host a live conference call and webcast to discuss the results and its 2024 outlook later that evening at 5:00 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 4671240. Viewers can a
NOTE TO EDITORS: The Following is an Investment Opinion Issued by Spruce Point Capital Management Believes That Zebra Is Downplaying Competitive Pressures Across Its Core Hardware, Services and Software Offerings, and May Be Embellishing Market Leadership Claims Highlights How Zebra is Not Adequately Addressing a Variety of Trends and Factors Working Against the Company Outlines Why Zebra's $2.1 Billion Levered Acquisition Spree and Venture Investments – Which Expanded Its Offerings into Analytics, Robotics, and Machine Vision – Should be Characterized as Failures Expresses Concerns About Multiple Accounting and Financial Reporting Choices Made by Zebra Given That It Describes Its C
Increases second quarter per share dividend by 18.2% to $0.13 per share Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter and year to date ended June 30, 2024. Second Quarter 2024 Results as Compared to Prior Year Quarter Total student enrollments at June 30, 2024 increased by 4.2% supported by a 14.7% increase at CTU that was partially offset with an 18.2% decrease at AIUS. Revenue decreased 10.6% to $166.7 million. This decrease was expected and partially due to a lag impact from the operational changes made at AIUS in the prior year. Operating income decreased 4.3% to $46.0 million, while adjusted operating income dec
Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced it will report second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. The Company will host a live conference call and webcast to discuss the results and its 2024 outlook later that evening at 5:30 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 5668214. Viewers can a
Perdoceo Education Corporation ("Perdoceo" or the "Company") (NASDAQ:PRDO), a provider of postsecondary education, today reported that it has signed a definitive agreement to acquire 100% ownership of the University of St. Augustine for Health Sciences, LLC (USAHS). The material terms of the transaction have been described in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission today. Completion of the acquisition is subject to customary closing conditions and satisfactory regulatory approvals from the Accrediting Commission for Senior Colleges and Universities of the Western Association of Schools and Colleges (WASC), as well as other key regulatory bo
Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter ended March 31, 2024. 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%. Ended the quarter with $642.4 million in cash, cash equivalents, restricted cash and available-for-sale-short-term investments. *S
Perdoceo Education Corporation (NASDAQ:PRDO), a provider of postsecondary education programs, today announced it will report first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024. The Company will host a live conference call and webcast to discuss the results and its 2024 outlook later that evening at 5:30 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 7780778. Viewers can also
Perdoceo Education Corporation (NASDAQ:PRDO) today reported operating and financial results for the quarter and year ended December 31, 2023. Full Year 2023 Results as Compared to Prior Year Revenue increased 2.1% to $710.0 million, supported by an 11.8% increase at CTU. Operating income increased 16.1% to $150.4 million, while adjusted operating income increased 6.7% to $174.9 million.* Earnings per diluted share were $2.18 as compared to $1.39, while adjusted earnings per diluted share were $2.10 as compared to $1.63.* Total student enrollments at December 31, 2023 increased 3.2% at CTU while AIUS decreased 39.3%. Ended the year with $604.2 million in cash, cash equivalen