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Mar 31, 2024
Perdoceo Q1 2024 Earnings Report
Reported first quarter results, showing increased operating income and earnings per share, but a decrease in revenue.
Key Takeaways
Perdoceo Education Corporation reported a mixed performance for the first quarter of 2024. Operating income increased by 6.8%, and earnings per diluted share rose to $0.59. However, revenue decreased by 14.0% to $168.3 million. Total student enrollments increased by 9.0%.
Operating income increased 6.8% to $46.3 million.
Earnings per diluted share increased to $0.59 from $0.50.
Revenue decreased 14.0% to $168.3 million.
Total student enrollments increased 9.0%.
Perdoceo
Perdoceo
Perdoceo Revenue by Segment
Revenue by Segment
CTU Revenue
CapyFin.comAIUS Revenue
CapyFin.comCorporate and Other Revenue
CapyFin.com Forward Guidance
The company updated its full year outlook and provided its second quarter outlook, subject to key assumptions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income