Perdoceo Education Corporation Announces First Quarter 2024 Results
Perdoceo Education Corporation (PRDO)
Last perdoceo education corporation earnings: 2/19 04:14 pm
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Source: Business Wire
SCHAUMBURG, Ill.--(BUSINESS WIRE)--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 QuarterOperating 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.*See GAAP (U.S. generally accepted accounting principles) to non-GAAP reconciliation attached to this press release"First quarter results were better than expected, as both academic institutions continue to experience positive trends within student retention and engagement,” said Todd
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PRDO
Earnings
- 5/1/24 - Beat
PRDO
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/30/24 - Form 4
- PRDO's page on the SEC website