Perdoceo Education Corporation (PRDO)

Perdoceo's stock has been impacted by several events in the past six months. The company reported Q3 2025 EPS of $0.65, exceeding expectations. A short report by Bleecker Street Research alleged "ghost student fraud." The Board increased the quarterly dividend by 15.4% and authorized a new $75 million share buyback program. Perdoceo reported Q2 2025 revenue of $209.6 million, a 25.7% increase, and adjusted earnings per diluted share of $0.67. Perdoceo reported Q1 2025 net income of $43.7 million or $0.65 per diluted share, with adjusted earnings per diluted share of $0.70. Perdoceo put a new $100 million share repurchase program in place and reaffirmed its 2026 adjusted operating income outlook.

While specific seasonal patterns are not detailed, earnings reports suggest quarterly variability and strategic planning around enrollment periods. The American InterContinental University System (AIUS) was expected to have an additional academic session starting in December 2025, contributing to enrollment growth. Management expects organic revenue and total enrollments to increase for each remaining quarter in 2025 compared to 2024.

Perdoceo Education Corp. provides postsecondary education through online, campus-based, and blended learning programs in the United States. The company operates through institutions like Colorado Technical University (CTU), American InterContinental University System (AIUS), and the University of St. Augustine for Health Sciences (USAHS), offering career-oriented academic programs. CTU offers programs in business, nursing, computer science, and criminal justice. AIUS provides programs in business studies, information technologies, and health sciences. USAHS focuses on graduate health sciences degrees. The company also uses the intellipath adaptive learning platform and offers a mobile application.

Perdoceo Education Corp. primarily serves students across the United States, with most enrolled in online programs. Its headquarters are in Schaumburg, Illinois.

Perdoceo Education Corp.'s brand reputation has been significantly affected by a short report from Bleecker Street Research alleging "ghost student fraud." The for-profit education industry has faced scrutiny, which can influence public perception of Perdoceo.

Approximately 85.07% of Perdoceo Education Corp. is held by institutional investors, including BlackRock, Inc. and Vanguard Group Inc. Individual investors hold about 2.31% of the shares, while insiders own under 1% of the company.