PERDOCEO EDUCATION Corp
For the period ended Mar 31, 2024. Filed May 1, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 1, 2024
PRDO$28.87+5.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Income (Unaudited)
CONDENSED CONSOLIDATED STATE MENTS OF INCOME
| For the Quarter Ended March 31, | ||
|---|---|---|
| (In Thousands, Except Per Share Amounts) | 2024 | 2023 |
| REVENUE: | ||
| Tuition and fees, net | $166,998 | $193,319 |
| Other | 1,266 | 2,279 |
| Total revenue | 168,264 | 195,598 |
| OPERATING EXPENSES: | ||
| Educational services and facilities | 29,858 | 33,851 |
| General and administrative | 87,482 | 112,686 |
| Depreciation and amortization | 3,016 | 5,155 |
| Asset impairment | 1,630 | 570 |
| Total operating expenses | 121,986 | 152,262 |
| Operating income | 46,278 | 43,336 |
| OTHER INCOME: | ||
| Interest income | 6,793 | 3,818 |
| Interest expense | (335) | (95) |
| Miscellaneous income (expense) | 115 | (6) |
| Total other income | 6,573 | 3,717 |
| PRETAX INCOME | 52,851 | 47,053 |
| Provision for income taxes | 13,409 | 12,569 |
| NET INCOME | 39,442 | 34,484 |
| NET INCOME PER SHARE - BASIC: | $0.60 | $0.51 |
| NET INCOME PER SHARE - DILUTED: | $0.59 | $0.50 |
| WEIGHTED AVERAGE SHARES OUTSTANDING: | ||
| Basic | 65,555 | 67,235 |
| Diluted | 66,841 | 68,514 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.