PRDO Q4 2023 Earnings — Perdoceo Education Corporation Revenue & Financial Results | Market Cap Arena

PRDOPerdoceo Education Corporation

$2B

Q4 2023 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$148M-16.0% YoY

Gross Profit

$118M79.6% margin

Operating Income

$16M10.8% margin

Net Income

$17M11.6% margin

EPS (Diluted)

$0.26

QoQ Revenue Growth

-17.8%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$12M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$166M

Stockholders' Equity

$841M

Cash & Equivalents

$118M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$176M	-16.0%
Gross Profit	$118M	$145M	-18.8%
Operating Income	$16M	$23M	-29.7%
Net Income	$17M	$16M	+7.7%

Revenue Segments

Tuition And Fees Net

$340M99%

Product and Service, Other

$3M1%