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

Perdoceo Q3 revenue down 5.6% to $169.8 million; company raises 2024 outlook

Mixed Impact 4 of 5 earnings Written later

Perdoceo reported third-quarter 2024 revenue of $169.8 million, down 5.6% from the prior year quarter, and diluted EPS of $0.57 versus $0.62. The company raised its full-year 2024 outlook, with adjusted EPS now expected at $2.25 to $2.28, while revenue and reported EPS declined in the quarter.

Key points

  • Q3 2024 revenue $169.8 million, down 5.6%; year-to-date revenue $504.8 million, down 10.2%
  • Q3 diluted EPS $0.57 vs. $0.62; adjusted diluted EPS $0.59 vs. $0.64
  • Q3 operating income up 4.0% to $44.8 million; enrollments up 11.0% to 40,400
  • Full-year 2024 adjusted EPS outlook $2.25 to $2.28 vs. $2.10 in 2023; quarterly dividend of $0.13 per share payable December 13, 2024

The filing

CompanyPerdoceo Education (PRDO)
Form8-K, current report
Filed with the SECNov 12, 2024, 4:01 PM ET
Accession number0000950170-24-125302

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 November 12, 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.