Perdoceo Education Corporation (NASDAQ:PRDO) Q1 2021 Earnings Conference Call May 6, 2021 5:30 PM ET Company Participants Wyatt Turk - IR Todd Nelson - President and CEO Ashish Ghia - SVP and CFO Conference Call Participants Alexander Paris - Barrington Research Brendan Popson - CJS Securities Gregory Pendy - Sidoti & Company Operator Hello, and welcome to the Q1 2021 Perdoceo Education Corporation Earnings Conference Call and Webcast. All participants will be in a listen-only mode. [Operator Instructions] ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 0-23245 PERDOCEO EDUCATION CORPORATION (Exact name of registrant as specified in its charter) Delaware 36-3932190 (State or other j ...

Perdoceo Education Corporation (NASDAQ:PRDO) Q4 2020 Results Earnings Conference Call February 24, 2021 5:30 PM ET Company Participants Wyatt Turk - Investor Relations, Analyst at Alpha IR Group Todd Nelson - President, Chief Executive Officer Ashish Ghia - Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Alex Paris - Barrington Research Greg Pendy - Sidoti Operator Good day and welcome to the Perdoceo Education Corporation fourth quarter 2020 earnings conference call and w ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 0-23245 PERDOCEO EDUCATION CORPORATION (Exact name of Registrant as specified in its charter) | Delaware | 36-3932190 | | --- | --- | | ( ...

Perdoceo Education Corporation. (NASDAQ:PRDO) Q3 2020 Earnings Conference Call November 5, 2020 5:30 PM ET Company Participants Wyatt Turk - IR Todd Nelson - President, CEO Ashish Ghia - CFO Conference Call Participants Alex Paris - Barrington Research Greg Pendy - Sidoti Operator Good afternoon and welcome to the Perdoceo Education Corporation 3Q '20 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Mr. Wyatt Turk. Please go ahead. Wyatt Turk Thank you. Good ...

Financial Data and Key Metrics Changes - The company reported net income of $28.2 million or $0.40 per diluted share, with adjusted earnings per diluted share at $0.41, reflecting a 20.6% increase from the prior year [10][21] - Adjusted operating income increased by 27.2% to $41.7 million, primarily due to revenue growth at both universities [10][20] - Total company revenue increased by $19.6 million or 12.5% to $176 million compared to the prior year quarter [23] Business Line Data and Key Metrics Changes - At CTU, revenue was up $3.6 million or 3.8% to $100.2 million, with operating income rising to $33.1 million from $12.1 million in the prior year [23][25] - AIU's revenue increased by 26.7% to $75.8 million, with operating income of $10.5 million compared to an operating loss of $4.2 million in the prior year [25][26] - Total enrollments at CTU grew by 4%, while AIU saw a 52.7% increase in total enrollments, with new student enrollments up 118.8% for the quarter [11][14][28] Market Data and Key Metrics Changes - The corporate partnerships contributed significantly to enrollment growth at CTU, with a dedicated team working to serve these organizations [13] - The company noted that many corporate partners are in sectors like technology and healthcare, which have remained stable during the economic downturn [63] Company Strategy and Development Direction - The company is focused on sustainable and responsible growth, with ongoing investments in technology and student-serving initiatives [34][36] - The integration of Trident University is expected to enhance educational offerings and operational efficiencies, providing a diversification of educational models [17][68] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to provide a safe learning environment during the pandemic, highlighting the effectiveness of their technology infrastructure [39] - The outlook for 2020 maintains adjusted operating income in the range of $151 million to $155 million, reflecting a commitment to growth despite pandemic-related challenges [36] Other Important Information - The company ended the quarter with $345.8 million in cash and equivalents, an increase of $51.6 million over year-end 2019 [32] - The acquisition of Trident University was completed for a cash purchase price of $43.8 million, which is expected to contribute positively to future results [33] Q&A Session Summary Question: Thoughts on counter-cyclicality of enrollment in higher education - Management noted consistent demand for education, with some areas seeing a pickup in interest due to economic conditions [42] Question: Experience with conversion of demand - Conversion rates have remained consistent, although funding challenges may impact some prospective students [43][44] Question: Addressing concerns from a negative article - Management clarified that past FTC and VA issues were related to external aggregators and emphasized their robust compliance processes [48][50] Question: Current bad debt as a percentage of revenue - Bad debt for the quarter is reported at 7%, which is an improvement from the prior year [54] Question: Organic growth excluding Trident - Management indicated strong growth at AIU, with significant new student enrollment growth even when accounting for the additional enrollment days [58] Question: Corporate partners' interest and remote training opportunities - No known pullbacks from corporate partners, with many in stable industries, and the company sees remote learning as a strength [63][64]

Start Time: 17:30 January 1, 0000 6:13 PM ET Perdoceo Education Corporation (NASDAQ:PRDO) Q1 2020 Earnings Conference Call May 07, 2020, 17:30 PM ET Company Participants Todd Nelson - President and CEO Ashish Ghia - SVP and CFO Brooks Hamilton - Alpha IR Conference Call Participants Peter Lukas - CJS Securities Alex Paris - Barrington Research Greg Pendy - Sidoti & Co. Operator Thank you for standing by. Welcome to the Perdoceo Education Corporation Q1 2020 Earnings Call. All participants will be in listen- ...

Perdoceo Education Corporation (NASDAQ:PRDO) Q4 2019 Earnings Conference Call February 19, 2020 5:30 PM ET Company Participants Brooks Hamilton - Alpha IR Todd Nelson - President & CEO Ashish Ghia - SVP and CFO Conference Call Participants Dan Moore - CJS Securities Alex Paris - Barrington Research. Greg Pendy - Sidoti\ Operator Good day and welcome to the Fourth Quarter 2019 Perdoceo Education Corporation Earnings Conference Call and Webcast. All participants will be in a listen-only mode. Operator Instruc ...

Career Education Corporation (CECO) Q3 2019 Earnings Conference Call November 6, 2019 5:30 PM ET Company Participants Chris Donovan - Alpha IR Group LLC Todd Nelson - President & Chief Executive Officer Ashish Ghia - Senior Vice President & Chief Financial Officer Conference Call Participants Alex Paris - Barrington Research. Greg Pendy - Sidoti Operator Good day and welcome to the Q3 2019 Career Education Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] Afte ...

Career Education Earnings Corporation (CECO) Q2 2019 Results Conference Call August 7, 2019 5:30 PM ET Company Participants Chris Donovan - Investor Relations Todd Nelson - President and Chief Executive Officer Ashish Ghia - Senior Vice President and Chief Financial Officer Conference Call Participants Greg Pendy - Sidoti Operator Good day, and welcome to the Q2 2019 Career Education Earnings Conference Call webcast. All participants will be in a listen-only mode. [Operator Instructions] Please note, this e ...