PRDO Q3 2024 Earnings — Perdoceo Education Corporation Revenue & Financial Results | Market Cap Arena

PRDOPerdoceo Education Corporation

$2B

Q3 2024 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$170M-5.6% YoY

Gross Profit

$142M83.3% margin

Operating Income

$45M26.4% margin

Net Income

$38M22.5% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$51M

Free Cash Flow

$50M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$181M

Stockholders' Equity

$935M

Cash & Equivalents

$238M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$170M	$180M	-5.6%
Gross Profit	$142M	$146M	-3.3%
Operating Income	$45M	$43M	+4.0%
Net Income	$38M	$41M	-7.4%

Revenue Segments

C T U

$116M68%

A I U S

$54M32%