Perdoceo Education Reports Q4 Net Income of $31.5 Million
Schaumburg, Ill. -- Perdoceo Education Corporation (PRDO) today announced a net income of $31.5 million for its fourth quarter. The Schaumburg-based company reported earnings per share of 47 cents. Adjusted for one-time gains and costs, earnings were 50 cents per share.
Revenue for the quarter reached $176.4 million. For the full year, Perdoceo reported a profit of $147.6 million, or $2.19 per share, with revenue of $681.3 million.
For the current quarter ending in March, Perdoceo Education anticipates earnings per share between 64 cents and 67 cents. Full-year earnings are expected to range from $2.31 to $2.51 per share.