Welcome to our dedicated page for Perdoceo Education Corporation news (Ticker: PRDO), a resource for investors and traders seeking the latest updates and insights on Perdoceo Education Corporation stock.
Perdoceo Education Corporation (NASDAQ: PRDO) is a provider of postsecondary education programs through accredited institutions that offer fully online, campus-based and hybrid learning options. Its academic institutions – Colorado Technical University (CTU), the American InterContinental University System (AIUS) and the University of St. Augustine for Health Sciences (USAHS) – deliver associate through doctoral degree programs, as well as non-degree and professional development offerings.
This news page brings together coverage of Perdoceo’s announcements as a public company in the educational services sector. Readers can follow updates on quarterly and annual operating results, student enrollment trends across CTU, AIUS and USAHS, and management’s commentary on prospective student interest, student retention and engagement. The company regularly reports on revenue, operating income, adjusted operating income and earnings per diluted share in its press releases and related Form 8-K filings.
In addition to financial results, Perdoceo’s news flow includes information about its capital allocation activities, such as stock repurchase programs and cash dividend declarations, as well as the impact of acquisitions like the University of St. Augustine for Health Sciences on its academic portfolio. Updates may also cover board of directors changes and governance matters, including appointments of new directors with education and policy experience.
Because Perdoceo emphasizes technology-enabled education, news items can highlight developments in personalized learning technologies at CTU and AIUS, including use of the intellipath® learning platform and data analytics to support students. Investors and observers can use this page to monitor how the company’s institutions are performing and how management describes the operating environment, regulatory assumptions and outlook for its postsecondary education programs.
Perdoceo Education Corporation (NASDAQ: PRDO) will release its first quarter 2023 financial results after market close on May 4, 2023. A live conference call and webcast discussing the results and 2023 outlook will be held at 5:30 p.m. Eastern Time on the same day. Interested parties can access the webcast through the Investor Relations section of Perdoceo's website or listen via dial-in numbers provided. The company focuses on quality postsecondary education, primarily online, through its institutions, Colorado Technical University and the American InterContinental University System. Perdoceo aims to enhance educational accessibility and workforce readiness through innovative learning technologies.
Perdoceo Education Corporation (NASDAQ: PRDO) reported its full year 2022 financial results, revealing a 0.3% increase in revenue to $695.2 million. Operating income fell by 13.0% to $129.6 million, and earnings per diluted share decreased to $1.39 from $1.55. The fourth quarter saw a 10.2% revenue increase compared to the prior year, totaling $176.1 million. However, total student enrollments declined 3.0%, with a 10.8% drop at AIUS. The company ended the year with $518.2 million in cash and intends to focus on technology investments for operational efficiency in 2023.
Perdoceo Education Corporation (NASDAQ: PRDO) announced it will release its fourth quarter 2022 financial results on February 23, 2023, after market close. A conference call and webcast will follow at 5:30 p.m. Eastern time the same day to discuss the results and provide the company's outlook for 2023. Interested parties can access the live event and archived version through their Investor Relations website. Perdoceo offers accredited postsecondary education primarily online via Colorado Technical University and the American InterContinental University System, focusing on industry-relevant and career-oriented programs.
FAQ
What is the current stock price of Perdoceo Education Corporation (PRDO)?
What is the market cap of Perdoceo Education Corporation (PRDO)?
