Perdoceo Education Corporation reported its financial results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company posted net income of $31.5 million, or $0.47 per diluted share, with adjusted earnings per share reaching $0.50. Quarterly revenue stood at $176.4 million.
For the full year 2024, Perdoceo recorded net income of $147.6 million, or $2.19 per share, on total revenue of $681.3 million. This full-year revenue represented a 4.0% decrease from the prior fiscal year. The company's adjusted operating income for 2024 was $188.9 million.
Looking ahead, Perdoceo provided its outlook for the first quarter of 2025, projecting adjusted earnings per diluted share to range from $0.64 to $0.67. For the full year 2025, the company anticipates adjusted earnings per share to be between $2.31 and $2.51, reflecting its expectations for continued operational performance.
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