PRDO Q1 2023 Earnings — Perdoceo Education Corporation Revenue & Financial Results | Market Cap Arena

PRDOPerdoceo Education Corporation

$2B

Q1 2023 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$196M+6.9% YoY

Gross Profit

$162M82.7% margin

Operating Income

$43M22.2% margin

Net Income

$34M17.6% margin

EPS (Diluted)

$0.50

QoQ Revenue Growth

+11.0%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$963M

Total Liabilities

$202M

Stockholders' Equity

$761M

Cash & Equivalents

$90M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$196M	$183M	+6.9%
Gross Profit	$162M	$155M	+4.4%
Operating Income	$43M	$44M	-0.8%
Net Income	$34M	$32M	+7.5%

Revenue Segments

C T U

$124M64%

A I U S

$71M36%