Company Description
Perdoceo Education Corporation (NASDAQ: PRDO) is a provider of postsecondary education programs in the Educational Services sector, focused on colleges, universities and professional schools. According to the company’s public disclosures, Perdoceo delivers quality postsecondary education to a diverse student population through fully online, campus-based and hybrid learning programs offered by its accredited academic institutions.
The company’s academic institutions are Colorado Technical University (CTU), the American InterContinental University System (AIUS or AIU System) and the University of St. Augustine for Health Sciences (USAHS). These institutions provide degree programs from the associate through doctoral level as well as non-degree seeking and professional development programs. Perdoceo describes these offerings as industry-relevant and career-focused academic programs designed to meet the educational needs of today’s busy adults.
Business focus and academic model
Perdoceo’s model centers on delivering postsecondary education through multiple institutions that serve students seeking flexible learning formats. The company highlights that its institutions offer fully online, campus-based and hybrid programs, enabling learners to pursue education in formats that align with work and family responsibilities. The institutions collectively cover a range of academic levels, from associate degrees to doctoral degrees, and also offer professional development and other non-degree options.
The company states that its academic institutions aim to close the gap between learners who seek to advance their careers and employers and communities needing a qualified workforce. This emphasis on career advancement and workforce needs underpins the positioning of its programs as career-focused and aligned with employer expectations.
Institutional portfolio
Colorado Technical University (CTU) and American InterContinental University System (AIUS) are described as continuing to show innovation in higher education by advancing personalized learning technologies. Perdoceo notes that these institutions use personalized learning technologies such as the intellipath® learning platform and apply data analytics and technology to serve and educate students while enhancing overall learning and academic experiences.
University of St. Augustine for Health Sciences (USAHS) is identified as a university offering graduate health sciences degrees, primarily in physical therapy, occupational therapy, speech language therapy and nursing, along with continuing education programs. Perdoceo’s disclosures describe USAHS as preparing medical and health professionals to provide quality medical care to communities across the country.
Segments and enrollment profile
Perdoceo reports results and enrollment metrics by academic institution. Public releases describe revenue contributions and operating income for CTU, AIUS and USAHS, as well as total student enrollments across these institutions. The company has disclosed that a significant portion of its students are enrolled in programs delivered fully online, and that total student enrollments include degree-seeking students, while separate references are made to non-degree seeking and professional development learners.
In its financial communications, Perdoceo highlights prospective student interest, student retention and student engagement as key operational drivers. Management commentary emphasizes sustained levels of student retention and engagement at CTU and AIUS, and execution against long-term goals at USAHS, within the broader context of providing postsecondary education programs.
Educational services and technology
The company’s academic institutions incorporate personalized learning technologies and data analytics into their educational delivery. CTU and AIUS are specifically noted for advancing the intellipath® learning platform, which is described as a personalized learning technology. Perdoceo states that data analytics and technology are used to serve and educate students and to enhance learning and academic experiences, reflecting a technology-enabled approach to higher education within its institutions.
Perdoceo also highlights ongoing investments in academics, student technology and student support processes. These investments are described in the context of enhancing academic outcomes and student experiences, and they are referenced alongside the company’s capital allocation decisions in its financial news releases.
Health sciences and workforce preparation
Through USAHS, Perdoceo has expanded its presence in graduate health sciences education. Public statements describe USAHS as offering graduate degrees in areas such as physical therapy, occupational therapy, speech language therapy and nursing, as well as continuing education programs. The company notes that USAHS prepares medical and health professionals to provide quality medical care to communities across the country.
Across its institutions, Perdoceo positions its programs as career-focused and aligned with employer needs. The company states that its institutions are committed to providing education that helps close the gap between learners seeking to advance their careers and employers needing a qualified workforce, indicating a focus on employability and practical skills within its degree and non-degree offerings.
Capital allocation and corporate profile
Perdoceo Education Corporation’s common stock trades on the NASDAQ under the ticker symbol PRDO. The company has communicated a capital allocation approach that includes investments in student support and technology projects, evaluation of acquisitions, and the use of share repurchases and cash dividends. Public announcements describe stock repurchase programs, dividend declarations and the acquisition of USAHS as elements of this approach.
Perdoceo has also reported on its cash position, operating income and adjusted operating income, and has furnished outlooks for operating income and earnings per diluted share in its financial releases and related Form 8-K filings. These communications are presented alongside discussions of student enrollment trends and institutional performance.
Regulatory and reporting context
As a U.S. public company, Perdoceo files reports with the Securities and Exchange Commission (SEC), including Form 8-K filings that furnish press releases about quarterly and year-to-date results and outlook. These filings reference the company’s financial performance, enrollment metrics and key assumptions underlying its outlook, such as prospective student interest, student retention and engagement, and the regulatory environment affecting federal student aid and higher education operations.
Role within the educational services sector
Within the Educational Services sector and the category of colleges, universities and professional schools, Perdoceo is characterized in its own disclosures as a provider of postsecondary education programs through multiple accredited institutions. Its focus on online, campus-based and hybrid delivery, the use of personalized learning technology at CTU and AIUS, and the graduate health sciences orientation of USAHS together define its position and operating profile as described in its public communications.