PRDO Q2 2024 Earnings — Perdoceo Education Corporation Revenue & Financial Results | Market Cap Arena

PRDOPerdoceo Education Corporation

$2B

Q2 2024 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$167M-10.6% YoY

Gross Profit

$139M83.5% margin

Operating Income

$46M27.6% margin

Net Income

$38M23.0% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

-0.9%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$38M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$179M

Stockholders' Equity

$900M

Cash & Equivalents

$128M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$167M	$187M	-10.6%
Gross Profit	$139M	$154M	-9.5%
Operating Income	$46M	$48M	-4.3%
Net Income	$38M	$55M	-29.7%

Revenue Segments

C T U

$113M68%

A I U S

$54M32%