PRDO
Perdoceo Education Corporation29.49
+0.42+1.44%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.92BP/E (TTM)
12.66Basic EPS (TTM)
2.33Dividend Yield
0.02%Recent Filings
10-Q
Q2 FY2025 results
Perdoceo Education's Q2 revenue jumped 25.7% year-over-year to $209.6M, fueled by the December 2024 USAHS acquisition adding $36.7M while CTU grew 4.6% on 7.4% enrollment gains from retention and corporate programs. Operating income rose 11.7% to $51.4M, with margins at 24.5% despite USAHS's early $1.7M loss tied to $7.2M depreciation on acquired assets; diluted EPS climbed to $0.62, reconciling cleanly with 66.6M shares. Cash swelled to $659.6M including short-term investments, free cash flow hit $139.4M (derived) after $4.5M capex, and the USAHS deal closed for $137.0M cash with $17.0M goodwill and intangibles amortized over 2-12 years. The firm repurchased $46.1M in shares and hiked its dividend 15.4% to $0.15 quarterly. Regulatory shifts under the new Act could tighten loan access, testing enrollment resilience.
8-K
Q2 revenue surges 25.7%
Perdoceo Education reported Q2 2025 revenue up 25.7% to $209.6 million, fueled by 17.4% higher enrollments to 46,500, including contributions from the December 2024 USAHS acquisition, while operating income rose 11.7% to $51.4 million. The board hiked the quarterly dividend 15.4% to $0.15 per share and greenlit a $75 million share repurchase through January 2027. Strong cash flows hit $78.8 million; USAHS integration weighs on margins. Full-year adjusted EPS outlook: $2.48-$2.55.
8-K
Annual meeting approvals secured
Perdoceo Education Corporation's stockholders overwhelmingly elected all eight director nominees at the May 22, 2025 annual meeting, with votes for ranging from 53.6 million to 55.9 million amid 4.8 million broker non-votes. They also approved executive compensation on an advisory basis and ratified Grant Thornton LLP as auditors for the year ending December 31, 2025, with near-unanimous support at 60.3 million votes for. This strong backing signals investor confidence in governance. No risks disclosed.
10-Q
Q1 FY2025 results
Perdoceo Education's revenue surged 26.6% year-over-year to $213.0M for Q1 FY2025 ended March 31, 2025, fueled by the December 2024 USAHS acquisition adding $39.2M while CTU grew 5.3% on 10.6% enrollment gains from strong retention and corporate programs; AIUS held steady despite a slight 0.8% dip. Operating income climbed 11.8% to $51.7M, lifting margins to 24.3% amid controlled costs, though USAHS posted a minor $0.3M loss tied to $8.9M in depreciation and amortization from acquired assets. Diluted EPS rose to $0.65 from $0.59, aligning with 66.9M weighted shares and no anti-dilution flagged. Cash balances swelled to $612.2M, with operating cash flow at $65.1M versus $54.5M last year, supporting $25.2M in share repurchases and $9.2M dividends; free cash flow not disclosed in the 10-Q. The USAHS deal closed December 2, 2024, for $137.0M cash with $16.9M goodwill and intangibles like $25.0M accreditation rights over 12 years. Regulatory scrutiny under the False Claims Act lingers as a key risk.
8-K
Q1 revenue surges 26.6%
Perdoceo Education reported Q1 2025 revenue of $213.0 million, up 26.6% year-over-year, fueled by the December 2024 USAHS acquisition and 16.7% enrollment growth to 48,200 students. Operating income rose 11.8% to $51.7 million, with adjusted figures showing even stronger 28.9% gains to $63.5 million. Strong cash position hit $612.2 million. USAHS integration boosts health sciences offerings, yet early losses there highlight integration hurdles.
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