Perdoceo Education Corp. (PRDO) Tops Q2 EPS by 4c, Revenues Beat; Offers 3Q & FY20 EPS Outlook

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Go back to Perdoceo Education Corp. (PRDO) Tops Q2 EPS by 4c, Revenues Beat; Offers 3Q & FY20 EPS Outlook

Perdoceo Education Corporation Reports Second Quarter and Year to Date 2020 Results

August 6, 2020 4:15 PM EDT

Second quarter revenue increased 12.5% supported by enrollment growth across both universities

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Perdoceo Education Corporation (NASDAQ: PRDO) today reported operating and financial results for the quarter and year to date ended June 30, 2020.

Second Quarter 2020 Results as Compared to the Prior Year Quarter

Financial Results

Revenue increased by 12.5 percent to $176.0 million with both universities contributing to the growth Operating income increased to $37.4 million as compared to $0.2... More