Perdoceo Education Corp. (PRDO) Misses Q4 EPS by 10c

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Perdoceo Education Corporation Reports Fourth Quarter and Full Year 2022 Results

February 23, 2023 4:15 PM EST

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Perdoceo Education Corporation (NASDAQ: PRDO) today reported operating and financial results for the quarter and year ended December 31, 2022.

Full Year 2022 Results as Compared to Prior Year

Revenue increased 0.3% to $695.2 million, with a 2.7% increase at CTU mostly offset by a 3.1% decline at AIUS. Operating income decreased 13.0% to $129.6 million, while adjusted operating income decreased 6.6% to $164.0 million.* Earnings per diluted share was $1.39 as compared to $1.55, while adjusted earnings per diluted share was $1.63 as compared to $1.70.* Total student... More