Perdoceo Education Corp
XMUN:CE1

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Perdoceo Education Corp
XMUN:CE1
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Price: 26.8 EUR Market Closed
Market Cap: 1.1B EUR

Perdoceo Education Corp
Investor Relations

Perdoceo Education Corporation, previously known as Career Education Corporation, represents a distinctive narrative in the evolving landscape of higher education. With a foundation rooted in the late 20th century, the company has pivoted from its traditional vocational and career-focused education offerings to embrace a broader range of higher learning opportunities in recent years. Operating primarily through its two flagship institutions, Colorado Technical University (CTU) and American InterContinental University (AIU), Perdoceo leverages the growing demand for online education to serve a diverse student base. Exploiting technological advancements, both universities provide flexible learning modalities, enabling students to pursue degrees remotely—a crucial factor in catering to working adults and non-traditional students seeking career advancement.

Perdoceo's economic model centers on tuition and fees derived from the expansive range of degree programs it offers. From associate to doctoral levels, the courses encompass various disciplines, driving enrollment growth. The company's commitment to providing career-focused education underlines its strategy to align academic programs with market demands, enhancing employment prospects for graduates. Financial sustainability is bolstered by strategic investments in digital infrastructure and student success initiatives, further augmented by revenue from educational services, including career counseling and support. While competition in the online education sector intensifies, Perdoceo's focus on innovation and student outcomes aims to sustain its position in a shifting educational paradigm.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 4, 2025
AI Summary
Q3 2025

Revenue Growth: Revenue for the third quarter was $211.9 million, up 24.8% year-over-year, benefiting from the acquisition of St. Augustine and enrollment growth at CTU.

EPS Beat: Net income reached $39.9 million or $0.60 per diluted share; adjusted EPS was $0.65, up from $0.59 last year, exceeding expectations.

Enrollment Momentum: Total student enrollments grew 15.1%, with CTU up 6.7% and St. Augustine contributing approximately 4,400 students for the fall term.

Raised Guidance: Full-year adjusted operating income is now projected at $234–236 million, up from $188.9 million in 2024; adjusted EPS guidance raised to $2.54–2.56.

Shareholder Returns: $20.6 million in share repurchases completed in Q3, totaling $94.1 million returned to shareholders through repurchases and dividends for the year to date.

Positive Outlook: Management expects continued revenue, enrollment, and operating income growth into Q4 2025 and 2026.

Key Financials
Revenue
$211.9 million
Net Income
$39.9 million
EPS
$0.60
Adjusted EPS
$0.65
Operating Income
$51 million
Adjusted Operating Income
$61 million
Total Student Enrollments
up 15.1% YoY
CTU Total Enrollments
up 6.7%
AIU System Total Enrollments
down 2.9%
St. Augustine Fall Term Enrollments
approximately 4,400
Cash, Cash Equivalents & Investments
$668.6 million
Net Cash Flow from Operations
$185.1 million
Share Repurchases
$20.6 million in Q3; $66.7 million year-to-date
Dividends Paid
$27.4 million year-to-date
Quarterly Dividend
$0.15 per share
Effective Tax Rate
26.2% year-to-date
Capital Expenditures
$6.3 million year-to-date
Earnings Call Recording
Other Earnings Calls

Management

Mr. Todd S. Nelson
President, CEO & Director
No Bio Available
Mr. Ashish R. Ghia
Senior VP, Treasurer & CFO
No Bio Available
Mr. Greg E. Jansen
Senior VP, General Counsel & Corporate Secretary
No Bio Available
Mr. John R. Kline
Senior Vice President of American InterContinental University System
No Bio Available
Ms. Elise L. Baskel
Senior Vice President of Colorado Technical University
No Bio Available
Ms. Michele A. Peppers
VP & Chief Accounting Officer
No Bio Available
Mr. David C. Czeszewski
Senior VP & Chief Information Officer
No Bio Available
Ms. Christina Kline
Chief Marketing Officer
No Bio Available
Mr. George Philip Miller III, Ed.D.
President of Atlanta Campus - American Intercontinental University
No Bio Available

Contacts

Address
ILLINOIS
Schaumburg
231 N Martingale Rd
Contacts
+18477813600.0
www.perdoceoed.com