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Perdoceo Education Corporation - PRDO STOCK NEWS

Welcome to our dedicated news page for Perdoceo Education Corporation (Ticker: PRDO), a resource for investors and traders seeking the latest updates and insights on Perdoceo Education Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Perdoceo Education Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Perdoceo Education Corporation's position in the market.

News
Perdoceo Education Corporation Schedules First Quarter Earnings Conference Call for May 1st
Rhea-AI Summary
Perdoceo Education (NASDAQ: PRDO) will release its first quarter 2024 financial results on May 1, 2024, followed by a conference call discussing the results and the company's 2024 outlook. Interested parties can access the live webcast or dial in to listen to the call. An archived version will be available for 90 days post-call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.28%
Tags
earnings
-
News
Perdoceo Education Corporation Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Perdoceo Education Corporation (PRDO) reported financial results for Q4 and full year 2023, showing revenue growth, increased operating income, and improved earnings per share. The company experienced a decline in revenue for Q4 due to enrollment reduction at AIUS but saw an overall increase for the full year. Total student enrollments at CTU increased while AIUS saw a significant decrease. The company declared a dividend for Q4 and announced a new stock repurchase program. The outlook for 2024 shows expectations for growth in operating income and earnings per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.35%
Tags
earnings
-
News
Perdoceo Education Corporation Announces Quarterly Dividend
Rhea-AI Summary
Perdoceo Education Corporation (PRDO) declared a quarterly dividend of $0.11 per share of common stock, to be paid on March 15, 2024, to holders of record as of March 1, 2024. The decision to pay future dividends will depend on the Company's financial condition and other relevant factors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.47%
Tags
dividends
News
Perdoceo Education Corporation Schedules Fourth Quarter Earnings Conference Call for February 21st
Rhea-AI Summary
Perdoceo Education Corporation (PRDO) will report Q4 2023 financial results on February 21, 2024, followed by a live conference call to discuss the results and 2024 outlook. Interested parties can access the webcast and conference call through the company's website or by dialing in. An archived version of the webcast will be available for 90 days after the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
earnings
-
News
Perdoceo Education Corporation Announces Leadership Changes
Rhea-AI Summary
Perdoceo Education Corporation (NASDAQ: PRDO) announced the appointment of Todd Nelson as President and Chief Executive Officer, succeeding Andrew Hurst. Nelson previously served in this role from 2015 to January 2022. Gregory L. Jackson was named Chairman of the Board, and the Board accepted Hurst's resignation, resulting in a decrease in the size of the Board from nine to eight members.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
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News
Perdoceo Education Corporation Reports Third Quarter and Year to Date 2023 Results
Rhea-AI Summary
Perdoceo Education Corporation (NASDAQ: PRDO) reported Q3 2023 revenue of $179.9 million, a 6.8% increase YoY. Operating income increased 46.9% to $43.1 million, while adjusted operating income increased 22.1% to $47.2 million. Earnings per diluted share were $0.62, compared to $0.32 in the prior year quarter. Total student enrollments decreased by 12.7% YoY.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.5%
Tags
none
News
Perdoceo Education Corporation Schedules Third Quarter Earnings Conference Call for November 2nd
Rhea-AI Summary
Perdoceo Education Corporation to report Q3 2023 financial results and discuss outlook
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.35%
Tags
earnings
-
News
Perdoceo Education Corporation Reports Second Quarter and Year to Date 2023 Results
Rhea-AI Summary
Perdoceo Education Corporation (NASDAQ: PRDO) reported Q2 2023 revenue of $186.6 million, a 11.3% increase YoY. Operating income increased 41.7% to $48.1 million. The company declared an inaugural dividend of $0.11 per share payable on September 15, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.28%
Tags
none
-
News
Perdoceo Education Corporation Schedules Second Quarter Earnings Conference Call for August 3rd
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
earnings
News
Perdoceo Education Corporation Announces First Quarter 2023 Results
Rhea-AI Summary
Perdoceo Education Corporation (NASDAQ: PRDO) reported operating and financial results for Q1 2023. 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, while adjusted earnings per diluted share was $0.58. Total student enrollments increased by 0.8%. Ended the quarter with $520.3 million in cash, cash equivalents, restricted cash, and available-for-sale-short-term investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
Tags
earnings
Stock PRDO logo
Perdoceo Education Corporation

Nasdaq:PRDO

PRDO Rankings

#2276 Ranked by Market Cap
#333 Ranked by Stock Gains
#1285 Ranked by Dividends

PRDO Stock Data

1.12B
60.22M
1.23%
96.57%
4%
Colleges, Universities, and Professional Schools
Educational Services
Link
US
Schaumburg

About PRDO

the colleges, schools and universities that are part of the career education family offer high-quality education to a diverse student population in a variety of career-oriented disciplines through online, on-ground and hybrid learning program offerings. it serves students from campuses throughout the united states, offering doctoral, master’s, bachelor’s and associate degrees and diploma and certificate programs. career education is an industry leader whose institutions are recognized globally. those institutions include american intercontinental university (aiu); colorado technical university (ctu); and le cordon bleu north america. through its schools, career education is committed to providing high-quality education, enabling students to graduate and pursue rewarding career opportunities. for more information, see career education's website at www.careered.com. the website includes a detailed listing of individual campus locations and web links to career education's colleges, sc