PRDO Q3 2023 Earnings — Perdoceo Education Corporation Revenue & Financial Results | Market Cap Arena

PRDOPerdoceo Education Corporation

$2B

Q3 2023 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$180M+6.8% YoY

Gross Profit

$146M81.4% margin

Operating Income

$43M23.9% margin

Net Income

$41M23.0% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

-3.6%

Cash Flow

Operating Cash Flow

$33M

Free Cash Flow

$31M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$196M

Stockholders' Equity

$830M

Cash & Equivalents

$166M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$180M	$168M	+6.8%
Gross Profit	$146M	$138M	+5.9%
Operating Income	$43M	$29M	+46.9%
Net Income	$41M	$22M	+87.2%

Revenue Segments

Tuition And Fees Net

$178M99%

Product and Service, Other

$2M1%