Perdoceo Education Corporation Stock Price, News & Analysis

Perdoceo Education Corporation (NASDAQ: PRDO) will announce its third quarter 2022 financial results after market close on November 7, 2022. A conference call and webcast discussing these results, along with the company's 2022 outlook, will take place at 5:30 p.m. Eastern time on the same day. Interested parties can access the live webcast through the Investor Relations section of their website or by dialing in at the provided phone numbers. The archived version of the webcast will be available for 90 days after the call.

Perdoceo Education Corporation (NASDAQ: PRDO) reported Q2 2022 results with a 4.5% revenue decline to $167.7 million compared to the previous year. Operating income decreased by 5.6% to $33.9 million. The company’s total student enrollments fell by 7.0%, driven by a notable 14.5% drop at AIUS. Despite the challenges, adjusted earnings per diluted share improved to $0.42 from $0.41. Year-to-date revenue decreased 2.4%, yet net income rose slightly to $57.8 million. The company ended the quarter with $516.8 million in cash and equivalents.

Perdoceo Education Corporation (NASDAQ: PRDO) will announce its second quarter 2022 financial results on August 8, 2022, post-market close. A live conference call and webcast will be held at 5:30 p.m. ET to discuss the results and the company's outlook for 2022. Perdoceo provides quality postsecondary education through Colorado Technical University and the American InterContinental University System, focusing on industry-relevant programs. Interested parties can access the webcast via the company's investor relations website.

Perdoceo Education Corporation (NASDAQ: PRDO) reported Q1 2022 results, highlighting a 0.4% revenue decline to $183.0 million despite a 6.9% increase in CTU revenue. Operating income rose 7.6% to $43.7 million, and adjusted operating income increased 13.5% to $50.9 million. Earnings per diluted share improved to $0.46, up from $0.43. However, total student enrollments fell 14.7%, reflecting a drop in both CTU and AIUS enrollments. The company ended the quarter with $499.3 million in cash and investments.

Perdoceo Education Corporation (NASDAQ: PRDO) will announce its first quarter 2022 financial results on May 5, 2022, after market close. A conference call and webcast discussing these results and the company's 2022 outlook will take place at 5:30 p.m. Eastern time on the same day. The call can be accessed via the company's website or by dialing designated numbers for domestic and international participants. Perdoceo focuses on providing online and campus-based postsecondary education to a diverse student body, aiming to meet workforce demands.

Perdoceo Education Corporation (NASDAQ: PRDO) reported its 2021 operating and financial results, revealing a 0.8% increase in revenue to $693.0 million. Operating income rose 4.3% to $149.0 million, while adjusted operating income increased 10.4% to $175.5 million. However, total student enrollments fell 5.4%, with the AIU System declining by 13.3%. For Q4, revenue decreased 6.6% to $159.9 million. Cash and equivalents reached $499.4 million. The company anticipates improved operating income and adjusted earnings per diluted share for 2022, ranging from $1.13 to $1.27.

Perdoceo Education Corporation (NASDAQ: PRDO) will report its Q4 and fiscal year 2021 financial results on February 24, 2022, after market close. A conference call and webcast discussing the results and the 2022 outlook will be held at 5:30 p.m. ET the same day. Interested parties can access the live event via the company’s website or by dialing in. Archived versions of the webcast will be available for 90 days post-call.

Perdoceo Education Corporation (NASDAQ: PRDO) has announced a leadership transition effective January 20, 2022. Todd Nelson has been appointed Executive Chairman, while Andrew Hurst succeeds him as President and CEO. Hurst, with 38 years in higher education, previously served as Senior VP and President of Colorado Technical University. Elise Baskel takes over Hurst's previous role. The company emphasizes a commitment to improving student outcomes and leveraging technology for online education.

Perdoceo Education Corporation (NASDAQ: PRDO) reported Q3 2021 results with a 2.9% increase in revenue to $174.0 million but earnings per diluted share declined to $0.39 from $0.56. Adjusted operating income rose 28.4% to $46.3 million. Total student enrollments fell 0.9%, with CTU up 7.5% but AIU down 11.6%. The company completed acquisitions of DigitalCrafts and Hippo Education, enhancing its professional development offerings. Cash reserves stood at $481.0 million.