PERDOCEO EDUCATION Corp
For the period ended Mar 31, 2025. Filed May 1, 2025.
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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, 2025 · Filed May 1, 2025
PRDO$28.87+5.2%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Income (Unaudited)
CONDENSED CONSOLIDATED STATE MENTS OF INCOME
| For the Quarter Ended March 31, | ||
|---|---|---|
| (In Thousands, Except Per Share Amounts) | 2025 | 2024 |
| REVENUE: | ||
| Tuition and fees, net | $211,848 | $166,998 |
| Other | 1,156 | 1,266 |
| Total revenue | 213,004 | 168,264 |
| OPERATING EXPENSES: | ||
| Educational services and facilities | 48,542 | 29,858 |
| General and administrative | 100,928 | 87,482 |
| Depreciation and amortization | 11,807 | 3,016 |
| Asset impairment | - | 1,630 |
| Total operating expenses | 161,277 | 121,986 |
| Operating income | 51,727 | 46,278 |
| OTHER INCOME: | ||
| Interest income | 6,476 | 6,793 |
| Interest expense | (1,682) | (335) |
| Miscellaneous (expense) income | (16) | 115 |
| Total other income | 4,778 | 6,573 |
| PRETAX INCOME | 56,505 | 52,851 |
| Provision for income taxes | 12,817 | 13,409 |
| NET INCOME | 43,688 | 39,442 |
| NET INCOME PER SHARE - BASIC: | $0.67 | $0.60 |
| NET INCOME PER SHARE - DILUTED: | $0.65 | $0.59 |
| WEIGHTED AVERAGE SHARES OUTSTANDING: | ||
| Basic | 65,680 | 65,555 |
| Diluted | 66,872 | 66,841 |
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