PERDOCEO EDUCATION Corp

For the period ended Sep 30, 2024. Filed Nov 12, 2024.

About 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.

Sep 30, 2024 · Filed Nov 12, 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 exhibits

Contents

Condensed Consolidated Statements of Income (Unaudited)

CONDENSED CONSOLIDATED STATE MENTS OF INCOME

	For the Quarter Ended September 30,		For the Year to Date Ended September 30,
(In Thousands, Except Per Share Amounts)	2024	2023	2024	2023
REVENUE:
Tuition and fees, net	$168,442	$178,259	$500,844	$556,098
Other	1,386	1,664	3,988	5,987
Total revenue	169,828	179,923	504,832	562,085
OPERATING EXPENSES:
Educational services and facilities	28,287	33,502	85,661	100,101
General and administrative	93,694	92,054	270,487	305,328
Depreciation and amortization	3,053	3,914	9,138	13,438
Asset impairment	-	7,380	2,468	8,715
Total operating expenses	125,034	136,850	367,754	427,582
Operating income	44,794	43,073	137,078	134,503
OTHER INCOME:
Interest income	7,702	5,210	21,685	13,559
Interest expense	(82)	(97)	(529)	(288)
Miscellaneous (expense) income	(52)	(98)	(7)	21,970
Total other income	7,568	5,015	21,149	35,241
PRETAX INCOME	52,362	48,088	158,227	169,744
Provision for income taxes	14,107	6,781	42,101	39,280
NET INCOME	38,255	41,307	116,126	130,464
NET INCOME PER SHARE - BASIC:	$0.58	$0.63	$1.77	$1.95
NET INCOME PER SHARE - DILUTED:	$0.57	$0.62	$1.73	$1.92
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic	65,699	65,634	65,622	66,758
Diluted	67,312	67,103	67,110	68,072

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.