PRDO Q1 2024 Earnings — Perdoceo Education Corporation Revenue & Financial Results | Market Cap Arena

PRDOPerdoceo Education Corporation

$2B

Q1 2024 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$168M-14.0% YoY

Gross Profit

$138M82.3% margin

Operating Income

$46M27.5% margin

Net Income

$39M23.4% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

+13.8%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$53M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$186M

Stockholders' Equity

$866M

Cash & Equivalents

$126M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$168M	$196M	-14.0%
Gross Profit	$138M	$162M	-14.4%
Operating Income	$46M	$43M	+6.8%
Net Income	$39M	$34M	+14.4%

Revenue Segments

C T U

$114M68%

A I U S

$55M32%