Perdoceo Education Corporation ( (PRDO) ) has released its Q2 earnings. Here is a breakdown of the information Perdoceo Education Corporation presented to its investors.
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Perdoceo Education Corporation is a provider of postsecondary education programs, operating in the higher education sector with a focus on online, campus-based, and hybrid learning models through its institutions such as Colorado Technical University, American InterContinental University System, and University of St. Augustine for Health Sciences.
In its latest earnings report for the second quarter of 2025, Perdoceo Education Corporation announced a significant increase in both revenue and student enrollments, alongside a new $75 million share buyback authorization and a 15.4% increase in its quarterly dividend.
Key financial highlights include a 25.7% increase in quarterly revenue to $209.6 million and a 17.4% rise in total student enrollments. Operating income rose by 11.7% to $51.4 million, while adjusted earnings per diluted share increased to $0.67 from $0.59. The company ended the quarter with $659.6 million in cash and equivalents.
The company also reported year-to-date revenue growth of 26.1% to $422.6 million and net income of $84.7 million, reflecting strong operational performance and strategic investments. The acquisition of the University of St. Augustine contributed to these positive results.
Looking ahead, Perdoceo Education Corporation remains focused on enhancing student experiences and academic outcomes, while continuing to invest in technology and support services. The management’s outlook suggests a stable financial trajectory, with expectations of continued growth in earnings and operational efficiency.