Perdoceo Education Corp. (PRDO) Tops Q1 EPS by 1c, Revenues Beat; Offers 2Q & FY21 EPS Outlook

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Go back to Perdoceo Education Corp. (PRDO) Tops Q1 EPS by 1c, Revenues Beat; Offers 2Q & FY21 EPS Outlook

Perdoceo Education Corporation Announces First Quarter 2021 Results

May 6, 2021 4:15 PM EDT

Operating income increased 8.9% supported by revenue growth across both CTU and AIU

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Perdoceo Education Corporation (NASDAQ: PRDO) today reported operating and financial results for the quarter ended March 31, 2021.

First Quarter 2021 Results as Compared to Prior Year Quarter

Revenue increased 7.4 percent to $183.6 million with both CTU and AIU contributing to the growth Operating income increased 8.9 percent to $40.6 million while adjusted operating income increased 11.7 percent to $44.6 million* Earnings per diluted share was... More