PRDOPerdoceo Education Corporation

$2B

Q1 2018 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$148M-8.7% YoY

Gross Profit

$121M81.8% margin

Operating Income

$21M13.9% margin

Net Income

$18M11.8% margin

EPS (Diluted)

$0.25

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$457M

Total Liabilities

$144M

Stockholders' Equity

$313M

Cash & Equivalents

$24M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$162M	-8.7%
Gross Profit	$121M	$122M	-0.7%
Operating Income	$21M	$10M	+109.9%
Net Income	$18M	$5M	+238.1%

Revenue Segments

Business Segment Excluding Transitional And Culinary Segment

$148M100%

All Other Campuses

$337,0000%

PRDO Q1 2018 Earnings — Perdoceo Education Corporation Revenue & Financial Results | Market Cap Arena