PRDO Q4 2022 Earnings — Perdoceo Education Corporation Revenue & Financial Results | Market Cap Arena

PRDOPerdoceo Education Corporation

$2B

Q4 2022 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$176M+10.2% YoY

Gross Profit

$145M82.3% margin

Operating Income

$23M12.9% margin

Net Income

$16M9.1% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$41M

Free Cash Flow

$37M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$957M

Total Liabilities

$232M

Stockholders' Equity

$726M

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$176M	$160M	+10.2%
Gross Profit	$145M	$135M	+7.7%
Operating Income	$23M	$35M	-34.4%
Net Income	$16M	$24M	-34.8%

Revenue Segments

Corporate and Other

$254,000100%