Perdoceo Education Corporation Reports Third Quarter and Year to Date 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 and year to date ended September 30, 2024.Third Quarter 2024 Results as Compared to Prior Year QuarterTotal student enrollments increased by 11.0% supported by a 13.6% increase at CTU and a 4.0% increase at AIUS.Operating income increased 4.0% to $44.8 million, while adjusted operating income increased 2.8% to $48.6 million.*As expected, revenue for the quarter was lower by 5.6% due to the lag impact from the 2023 operational changes at AIUS and simplification of our professional development offerings at CTU.Earnings per diluted share were $0.57 as compared to $0.62, while adjusted earnings per diluted share were $0.59 as compared to $0.64.* The prior year quarter earnings per diluted share included a non-recurring tax benefit.Ended the quarter with $722.6 million in cash, cash equivalents, restricted cash and available-for-sale-short-term
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PRDO
News
- Perdoceo Education Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Perdoceo Education Co. (NASDAQ: PRDO) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- Perdoceo Education (PRDO) is on the Move, Here's Why the Trend Could be Sustainable [Yahoo! Finance]Yahoo! Finance
- Perdoceo Education Corporation (PRDO) Hit a 52 Week High, Can the Run Continue? [Yahoo! Finance]Yahoo! Finance
- Perdoceo Education Co. (NASDAQ: PRDO) had its price target raised by analysts at Barrington Research from $30.00 to $32.00. They now have an "outperform" rating on the stock.MarketBeat
PRDO
Earnings
- 11/12/24 - Beat
PRDO
Sec Filings
- 11/15/24 - Form 144
- 11/15/24 - Form 144
- 11/12/24 - Form SC
- PRDO's page on the SEC website