Trade Perdoceo Education Corp - PRDO CFD

Perdoceo Education Corporation Company profile

About Perdoceo Education Corp

Perdoceo Education Corporation, through its academic institutions, is focused on providing education to its students while making ongoing investments in student serving processes, academic programs and other initiatives. The Company offers postsecondary education primarily online to a diverse student population, along with campus-based and blended learning programs. Its institutions, Colorado Technical University (CTU) and the American InterContinental University System (AIU), provides degree programs through the master’s or doctoral level as well as associate and bachelor’s levels. Its segments include CTU and AIU. Its CTU university offers academic programs in business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity and criminal justice. Its AIU offers academic programs in business studies, information technologies, education, health sciences and criminal justice.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Perdoceo Education Corp revenues increased 1% to $693M. Net income before extraordinary items decreased 12% to $109.7M. Revenues reflect CTU segment increase of 1% to $408.5M, AIU segment increase of 1% to $283.4M, All Other Campuses segment increase from $446K to $1.1M. Net income was offset by Corporate & Other segment loss increase of 46% to $38.6M.

Equity composition

Common Stock $.01 Par, 03/11, 300M auth., 82,058,619 issd., less 10,855 shs in. treas. @ $95.4M. Insiders own 0.82%. IPO: 1/98,2,850,000 shs @ $16 by Credit Suisse FirstBoston. PO 3/99, 2M shs (250K by Co.) @ $29 by credit Suisse First Boston.PO: 5/00, 2.3M shares (1,680,000 by Co.) @ $32.50 by CSFB.*8/03, 10/01, 2-for-1

1750 E. Golf Road
SCHAUMBURG
ILLINOIS 60173
US