PRDOPerdoceo Education Corporation

$2B

Q1 2022 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$183M-0.4% YoY

Gross Profit

$155M84.6% margin

Operating Income

$44M23.9% margin

Net Income

$32M17.5% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

+14.5%

Cash Flow

Operating Cash Flow

$22M

Free Cash Flow

$17M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$844M

Total Liabilities

$165M

Stockholders' Equity

$678M

Cash & Equivalents

$190M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$183M	$184M	-0.4%
Gross Profit	$155M	$155M	+0.1%
Operating Income	$44M	$41M	+7.6%
Net Income	$32M	$31M	+4.3%

Revenue Segments

Corporate And Other

$279,000100%

PRDO Q1 2022 Earnings — Perdoceo Education Corporation Revenue & Financial Results | Market Cap Arena