Perdoceo Education Corp. (PRDO) Tops Q2 EPS by 4c, Beats on Revenue

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Perdoceo Education Corporation Reports Second Quarter and Year to Date 2024 Results

July 31, 2024 4:15 PM EDT

Increases second quarter per share dividend by 18.2% to $0.13 per share

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, 2024.

Second Quarter 2024 Results as Compared to Prior Year Quarter

Total student enrollments at June 30, 2024 increased by 4.2% supported by a 14.7% increase at CTU that was partially offset with an 18.2% decrease at AIUS. Revenue decreased 10.6% to $166.7 million. This decrease was... More