AI brief of an SEC Form 8-K · Perdoceo Education (PRDO)

Perdoceo Q2 revenue falls 10.6% to $166.7 million; GAAP EPS $0.57 vs $0.80

Negative Impact 3 of 5 earnings Written later

Perdoceo Education reported second-quarter 2024 revenue of $166.7 million, down 10.6% from a year earlier, and GAAP diluted earnings per share of $0.57 versus $0.80. Its outlook calls for lower third-quarter and full-year GAAP earnings per share than in the prior year, although the board also raised the quarterly dividend 18.2% to $0.13 per share.

Key points

  • Q2 2024 revenue was $166.7 million, down 10.6%; total student enrollments rose 4.2% to 39,600.
  • Q2 GAAP diluted EPS was $0.57 versus $0.80; adjusted EPS was $0.60 versus $0.61.
  • Outlook: Q3 2024 GAAP diluted EPS of $0.51 to $0.53 versus $0.62 in Q3 2023; full-year 2024 of $2.04 to $2.16 versus $2.18 in 2023.
  • Quarterly dividend raised 18.2% to $0.13 per share, payable September 13, 2024.

The filing

CompanyPerdoceo Education (PRDO)
Form8-K, current report
Filed with the SECJul 31, 2024, 4:15 PM ET
Accession number0000950170-24-088591

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.