PRDO

In the second quarter of 2026, Perdoceo Education reported higher revenue of US$213.36 million and net income of US$47.97 million, raised its quarterly dividend to US$0.17 per share, and issued updated earnings guidance for 2026. The combination of stronger profitability, a 13.3% dividend increase, and projected operating income of up to US$226.2 million underscores management’s emphasis on returning capital while funding growth initiatives. Next, we’ll examine how this dividend increase and updated earnings guidance affect Perdoceo Education’s existing investment narrative and risk profile. Invest in the nuclear renaissance through our list of 89 elite nuclear energy infrastructure plays powering the global AI revolution. To own Perdoceo Education, you need to believe its mix of career-focused programs and disciplined cost control can keep earnings and cash generation resilient despite regulatory and enrollment uncertainty. The latest results and guidance confirm current profitability and support near term confidence, but they do not fundamentally change the key risk around potential regulatory shifts that could affect funding and student demand. The 13.3% increase in the quarterly dividend to US$0.17 per share is the most relevant development here, because it links directly to the company’s ability to keep converting operating income into cash while still investing in enrollment, student support and technology. That balance is central to the existing catalyst of scaling high demand programs without over relying on acquisitions such as the St. Augustine deal. Yet investors should also be aware of how quickly sentiment could change if regulatory conditions for for profit education were to... Read the full narrative on Perdoceo Education (it's free!) Perdoceo Education's narrative projects $913.0 million revenue and $226.9 million earnings by 2029. This implies 2.2% yearly revenue growth and about a $56.7 million earnings increase from $170.2 million today. Uncover how Perdoceo Education's forecasts yield a $44.00 fair value, a 30% upside to its current price. Four fair value estimates from the Simply Wall St Community span a wide US$25 to about US$105 per share, showing just how far apart individual views can be. Against that backdrop, the company’s focus on funding enrollment and student support while raising its dividend gives you a concrete set of business drivers to weigh before deciding which of those perspectives feels closest to your own. Explore 4 other fair value estimates on Perdoceo Education - why the stock might be worth 26% less than the current price! Disagree with existing narratives? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your Perdoceo Education research is our analysis highlighting 4 key rewards and 1 important warning sign that could impact your investment decision. Our free Perdoceo Education research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate Perdoceo Education's overall financial health at a glance. Our top stock finds are flying under the radar-for now. Get in early: Explore 26 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. Uncover the next big thing with 20 elite penny stocks that balance risk and reward. Capitalize on the AI infrastructure supercycle with our selection of the 56 best 'picks and shovels' of the AI gold rush converting record-breaking demand into massive cash flow. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include PRDO. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Perdoceo Education (NasdaqGS: PRDO) announced a 13.3% increase to its quarterly dividend as part of an updated capital allocation approach. The company highlighted an intention to make regular dividend growth a key element of its long term plan for returning cash to shareholders. Management linked the higher dividend to confidence in Perdoceo Education's current financial position and outlook for the business. Perdoceo Education is not the only stock leaning on a growing dividend story, so it can be useful to compare this move with other companies focusing on income returns through 8 dividend fortresses Perdoceo Education sits in the for profit education sector, which has seen material share price swings over time, so many investors track long term returns closely. At a current share price of $33.85, the stock has moved up 6.4% over the past week, while the return over the past month is down 5.2%. Over three and five years, returns of 116.1% and 217.9% stand out for longer term holders. Is Perdoceo Education's dividend sustainable? Check out what every dividend investor needs to know in our dividend analysis. Perdoceo Education lifted its quarterly dividend to $0.17 per share, which is a 13.3% step up from the prior payout. This comes alongside second quarter revenue of $213.36 million and net income of $47.97 million, with diluted EPS from continuing operations at $0.75. On a six month view, revenue was $435.1 million and net income was $101.92 million, with diluted EPS at $1.60. The higher dividend sits against these reported profits and recent share repurchases, so readers can compare the cash being returned with the earnings being generated. The company is putting more emphasis on a regular, growing dividend while also talking about a balanced capital allocation approach. Management has stated that dividends will sit alongside spending on student enrollment, support, technology projects and acquisition opportunities, as well as buybacks under the existing program. That mix indicates that Perdoceo Education is trying to appeal to income focused investors without stepping away from reinvestment and portfolio growth. With diluted EPS from continuing operations of $0.75 in the second quarter and a quarterly dividend of $0.17, the payout uses a portion of current earnings and leaves room for reinvestment, although the exact payout ratio depends on the full year outcome. The key checkpoint from here is how cash generation and earnings track against the company’s 2026 guidance for diluted EPS of $2.91 to $2.97 and operating income of $221.2 million to $226.2 million. The third quarter 2026 results, where management is guiding to diluted EPS of $0.68 to $0.69, will be an early test of how comfortably the higher dividend sits within that framework. For the full picture including more risks and rewards, check out the complete Perdoceo Education analysis. Alternatively, you can check out the community page for Perdoceo Education to see how other investors believe this latest news will impact the company's narrative. Stay updated on the most important news stories for Perdoceo Education by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Perdoceo Education. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include PRDO. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Interested in Perdoceo Education Corporation? Here are five stocks we like better. Q2 results improved: Revenue rose 1.8% to $213.4 million, net income increased to $48 million, and adjusted earnings per share climbed 19.4% to $0.80. Year-to-date operating income was up 14.4% on 3% revenue growth. Enrollment was broadly positive: Total enrollment grew 0.7%, with Colorado Technical University posting its 11th consecutive quarter of growth and St. Augustine enrollment rising 6%. AIU enrollment declined 1% because of weakness at Trident University, while management cited strong fall-term momentum at St. Augustine. Perdoceo raised its 2026 outlook: The company now expects adjusted operating income of $258 million to $263 million and adjusted EPS of $3.10 to $3.16. It also increased its quarterly dividend by 13.3% to $0.17 per share and continues to evaluate acquisitions, particularly in health sciences. Perdoceo Education (NASDAQ:PRDO) reported higher second-quarter revenue, operating income and earnings as its academic institutions posted enrollment gains excluding Trident University and continued investments in marketing, student support and program development. Net income for the quarter was $48 million, or $0.75 per diluted share, compared with $41 million, or $0.62 per diluted share, a year earlier. Revenue increased 1.8% to $213.4 million, while operating income rose 6.8% to $54.9 million. Adjusted operating income increased 4.4% to $64.2 million, and adjusted earnings per diluted share rose 19.4% to $0.80. → Meta’s Earnings Drop Shows Wall Street Wants More Than Ad Growth President and Chief Executive Officer Todd Nelson said the company’s academic institutions had performed ahead of its expectations in the first half of 2026. Year-to-date operating income increased 14.4%, supported by 3% revenue growth, he said. Total student enrollment increased 0.7% as of June 30 from the prior-year quarter. Nelson said all of Perdoceo’s academic institutions recorded enrollment growth when Trident University, part of the AIU System, was excluded. → 4 Oil and Gas ETF Plays as Prices Stay Sky-High Colorado Technical University, or CTU, posted a 0.6% increase in enrollment to 32,110 students, marking its 11th consecutive quarter of growth. CTU revenue increased 0.9% to $115.5 million. Chief Financial Officer Ashish Ghia said CTU is expected to face difficult enrollment comparisons in the second half as it laps strong prior-year periods and graduates a record number of students in 2026. AIU System enrollment declined 1%, primarily because of lower enrollment at Trident University. Excluding Trident, AIU enrollment would have increased from the prior-year period, Ghia said. AIU System revenue declined 1.8% to $57.2 million, driven primarily by non-Title IV and professional-development offerings that the company is optimizing. Operating income at AIU System rose 9.7% to $12.6 million. → Ulta's Growth Is Real, But So Are the Risks The University of St. Augustine for Health Sciences, acquired in 2024, reported enrollment growth of 6% to about 4,200 students. Revenue increased 10.2% to $40.5 million, while adjusted operating income rose to $10.7 million from $5.5 million in the prior-year quarter. Ghia attributed St. Augustine’s enrollment growth primarily to nursing and speech-language pathology programs, as well as new occupational therapy program modalities. The school’s enrollment pipeline for its fall term, traditionally its largest term, “looks strong,” he said. Nelson said the company is responding to shifts in how prospective students search for education programs as traditional internet searches increasingly give way to AI-powered search tools. Perdoceo is increasing investment in channels it believes are less affected by that change, while using generative AI selectively to identify and engage students it believes are more likely to succeed. The impact on enrollment has been modest so far, according to Nelson. Perdoceo ended the quarter with $334.8 million in cash equivalents, restricted cash and available-for-sale short-term investments, up about $91.3 million from year-end. Net cash provided by operating activities totaled $144 million during the first half, compared with $143.9 million in the year-earlier period. The company used cash during the first half for dividends, stock repurchases, employee stock-vesting tax obligations and capital expenditures. It repurchased 0.2 million shares during the second quarter for $6.8 million at an average price of $34.19 per share. Year-to-date repurchases totaled approximately $15 million, leaving $85 million available under its authorization. The board authorized a 13.3% increase in Perdoceo’s quarterly dividend to $0.17 per share from $0.15 per share. The dividend will be payable Sept. 10 to shareholders of record as of Sept. 1. Nelson also said the company is evaluating acquisition opportunities, including in health sciences, and believes its acquisition and integration experience can support expansion into additional academic programs. Perdoceo now expects full-year adjusted operating income of $258 million to $263 million, compared with $237.6 million in 2025. The company expects adjusted earnings per diluted share of $3.10 to $3.16, compared with $2.61 last year. The outlook assumes organic revenue growth across its academic institutions, partially offset by investments in marketing, academics and student-support processes, as well as incremental legal fees. The company said its outlook also assumes that changes involving the elimination of the Grad PLUS loan program and new graduate loan limits will not materially affect student enrollment or students’ ability to finance education through private lending. For the third quarter, Perdoceo projected adjusted operating income of $64 million to $65 million, compared with $61 million in the prior-year quarter. Adjusted earnings per diluted share is expected to range from $0.73 to $0.74, compared with $0.65 a year earlier. Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor's and master's degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers. With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Perdoceo Education Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for August 2026.

This article first appeared on GuruFocus. Release Date: August 06, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Perdoceo Education Corp (NASDAQ:PRDO) reported strong second-quarter 2026 results with net income of $48 million, or $0.75 per diluted share, up from $41 million, or $0.62 per share, in the prior year quarter. Year-to-date operating income grew 14.4% and revenue increased 3%, driven by disciplined expense management and purposeful investments in academics, technology, and student support. Total student enrollments grew 0.7% year-over-year, with CTU achieving its 11th consecutive quarter of enrollment growth and the University of St. Augustine for Health Sciences seeing a 6% increase in enrollments. The University of St. Augustine for Health Sciences delivered strong performance, with revenue up 10.2% and adjusted operating income nearly doubling to $10.7 million, supported by new program modalities and strong enrollment pipelines. The Board approved a 13.3% increase in the quarterly dividend to $0.17 per share, reflecting confidence in the long-term outlook and a commitment to returning capital to shareholders. The company maintains a strong balance sheet with $734.8 million in cash and investments, and is actively evaluating accretive acquisition opportunities, particularly in health sciences. Total student enrollments at AIU System decreased 1% year-over-year, primarily due to lower enrollments at Trident University, which is part of the system. CTU faces headwinds from lapping strong record enrollment quarters and a record number of expected graduations in 2026, which may lead to lower reported enrollments in the second half of the year. Legal fees at CTU related to previously disclosed legal matters have trended higher year-over-year, negatively impacting operating income growth. The shift from traditional internet search engines to AI-powered search is changing prospective student behavior, and while the impact has been modest so far, it poses a risk to future enrollment growth. Revenue at AIU System decreased 1.8% in the quarter, primarily due to optimization of non-Title IV and professional development offerings, which may limit near-term growth. The company's outlook assumes no material impact from regulatory changes, including the elimination of the Grad PLUS loan program, which could pose a risk if student financing options become more constrained. Warning! GuruFocus has detected 3 Warning Signs with PRDO. Real-Time Insider Buys This Powerful Chart Made Peter Lynch 29% A Year For 13 Years How to calculate the intrinsic value of a stock? Is PRDO fairly valued? Test your thesis with our free DCF calculator. Q: What drove the strong second-quarter 2026 results, and how does this impact the full-year outlook? A: Todd Nelson (CEO) reported that operating performance was ahead of expectations for the first half of 2026, with year-to-date operating income growth of 14.4% on revenue growth of 3%. Net income for Q2 was $48 million, or $0.75 per diluted share, up from $41 million ($0.62 per share) in the prior year. CFO Ashish Ghia raised the full-year 2026 adjusted operating income guidance to a range of $258 million to $263 million (up from $237.6 million in 2025) and adjusted EPS to $3.10-$3.16, representing a 19.9% increase at the midpoint. Q: How is the shift to AI-powered search impacting prospective student inquiries and enrollment? A: Todd Nelson (CEO) explained that while the shift from traditional search engines to LLM-based AI search is changing how students research options, a majority of inquiries come from channels not directly impacted by this trend. The company is growing investment in those unaffected channels and using generative AI to identify and engage prospective students. While there has been some shift in behavior, the overall impact on enrollment has been modest so far. The company is actively updating content to be optimized for AI-powered search and investing in brand visibility. Q: What are the enrollment trends at CTU, and how should we interpret the expected second-half slowdown? A: Ashish Ghia (CFO) noted that CTU total student enrollments grew 0.6% to 32,110 students, marking an 11th consecutive quarter of growth. However, the company expects second-half reported enrollments to trend lower year-over-year as it laps strong record quarters from last year and graduates a record number of students in 2026. These trends are expected to peak in the second half before normalizing in 2027. The company remains encouraged by sustained retention strength, corporate student program expansion, and increasing prospective student interest. Q: Can you provide details on the performance of the University of St. Augustine for Health Sciences? A: Ashish Ghia (CFO) reported that St. Augustine delivered strong performance with total student enrollment increasing 6% to approximately 4,200 students and revenue rising 10.2% to $40.5 million. Growth was driven by programs such as nursing and speech-language pathology, as well as new modalities for the occupational therapy program. Adjusted operating income increased to $10.7 million from $5.5 million in the prior year. The enrollment pipeline for the fall term looks strong, and the university is expected to meaningfully contribute to revenue and adjusted operating income growth for 2026, with further growth expected in 2027. Q: What is driving the enrollment decline at AIU System, and what is the expected quarterly pattern? A: Ashish Ghia (CFO) explained that AIU System total student enrollments decreased 1%, primarily due to lower enrollments at Trident University. Excluding Trident, enrollments would have increased. The company expects AIU System to report strong total student enrollment growth in Q3, then turn lower in Q4 before rebounding in Q1 2027 due to academic calendar-driven variability. Despite this, operating income is expected to grow for the full year, supported by strong retention and engagement. AIU System will also launch new AI-focused programs this fall. Q: How is the company's capital allocation strategy evolving, particularly regarding dividends and share repurchases? A: Todd Nelson (CEO) announced that the Board authorized a 13.3% increase to the quarterly dividend, raising it from $0.15 to $0.17 per share, the third increase since dividends were initiated in 2023. Ashish Ghia (CFO) added that the company repurchased 0.2 million shares for $6.8 million in Q2, bringing year-to-date repurchases to 0.4 million shares for approximately $15 million. The company anticipates utilizing the remaining $85 million of its authorized share repurchase program over time, subject to market conditions and investment opportunities. Q: What is the company's outlook for the third quarter of 2026? A: Ashish Ghia (CFO) guided Q3 2026 adjusted operating income to a range of $64 million to $65 million, compared to $61 million in the prior year quarter. Adjusted earnings per diluted share are expected to be between $0.73 and $0.74, versus $0.65 in Q3 2025. The outlook assumes continued investments in technology, data analytics, real estate, academics, and student support processes. Q: How are legal fees impacting CTU's operating income, and what is the underlying performance excluding these costs? A: Ashish Ghia (CFO) noted that legal fees at CTU related to previously disclosed legal matters have trended higher compared to the prior year. Excluding this year-over-year increase in legal fees, both quarter and year-to-date operating income at CTU would have increased versus the prior year. The full-year 2026 outlook includes the impact of these incremental legal fees, and without them, the range would have been even higher. Q: What is the company's effective tax rate expectation for 2026? A: Ashish Ghia (CFO) reported that the Q2 effective tax rate was 20.3%, positively impacted by the resolution of a state income tax matter (5.8%) and the tax effects of stock-based compensation and release of tax reserves. For the full year 2026, the company expects an effective tax rate between 23% and 24%, including an estimated benefit for stock-based compensation and the release of previously recorded tax reserves. Cash paid for income taxes is estimated to be in the range of 23% to 24% of pretax income. Q: What is the company's strategy regarding acquisitions, and what opportunities are being evaluated? A: Todd Nelson (CEO) highlighted the successful acquisition and integration of the University of St. Augustine for Health Sciences, which has approximately 4,200 students enrolled. The company is evaluating accretive acquisition opportunities to complement organic growth and is encouraged by ongoing dialogue with a range of academic institutions across various programmatic areas, including health sciences. With proven integration capabilities, a strong balance sheet, and a disciplined approach to capital allocation, the For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Perdoceo Education (PRDO) came out with quarterly earnings of $0.8 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this for-profit education company would post earnings of $0.84 per share when it actually produced earnings of $0.9, delivering a surprise of +7.14%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Perdoceo Education, which belongs to the Zacks Schools industry, posted revenues of $213 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.24%. This compares to year-ago revenues of $209.58 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Perdoceo Education shares have added about 12.6% since the beginning of the year versus the S&P 500's gain of 12.8%. While Perdoceo Education has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Perdoceo Education was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.74 on $216.56 million in revenues for the coming quarter and $3.11 on $866.01 million in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Schools is currently in the top 44% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. American Public Education (APEI), another stock in the same industry, has yet to report results for the quarter ended June 2026. The results are expected to be released on August 10. This for-profit education company is expected to post quarterly earnings of $0.36 per share in its upcoming report, which represents a year-over-year change of +1900%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. American Public Education's revenues are expected to be $170.79 million, up 4.9% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Perdoceo Education Corporation (PRDO) : Free Stock Analysis Report American Public Education, Inc. (APEI) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Increases quarterly dividend by 13.3% to $0.17 per share SCHAUMBURG, Ill., August 06, 2026--(BUSINESS WIRE)--Perdoceo Education Corporation (NASDAQ: PRDO), a provider of postsecondary education programs through its academic institutions, today reported operating and financial results for the second quarter and year to date ended June 30, 2026. "We delivered another quarter of strong operating performance while building on the sustainable growth we have achieved over the past two years," said Todd Nelson, President and Chief Executive Officer. "The breadth of program offerings across the portfolio of our academic institutions has allowed us to execute against our objective of sustainable and responsible growth. Our balance sheet remains strong, providing us with the flexibility to invest organically while also evaluating incremental investment strategies and return capital to shareholders." Second Quarter 2026 Results as Compared to Prior Year Quarter Earnings per diluted share increased 21.0% to $0.75 as compared to $0.62, while adjusted earnings per diluted share grew by 19.4% to $0.80 as compared to $0.67*. Operating income increased 6.8% to $54.9 million, while adjusted operating income increased 4.4% to $64.2 million*. Revenue increased 1.8% to $213.4 million as compared to $209.6 million. Total student enrollments at June 30, 2026 increased by 0.7%. Year to Date 2026 Results as Compared to Prior Year to Date Earnings per diluted share was $1.60 as compared to $1.27, while adjusted earnings per diluted share was $1.70 as compared to $1.37*. Operating income increased 14.4% to $118.0 million, while adjusted operating income increased 9.3% to $136.7 million*. Revenue increased 3.0% to $435.1 million as compared to $422.6 million. TOTAL STUDENT ENROLLMENTS As of June 30, 2026, total student enrollments were 46,830, an increase of 0.7% as compared to 46,500 total student enrollments as of June 30, 2025. Total student enrollments at AIUS was impacted due to a modest decrease in student enrollments at Trident University. REVENUE For the quarter ended June 30, 2026, revenue increased 1.8% to $213.4 million as compared to revenue of $209.6 million for the prior year quarter. For the year to date ended June 30, 2026, revenue increased 3.0% to $435.1 million as compared to revenue of $422.6 million for the prior year to date. The decrease in revenue at AIUS was primarily due to non-Title IV and professional development programs. OPERATING INCOME For the quarter ended June 30, 2026, operating income of $54.9 million increased 6.8% from $51.4 million for the prior year quarter. For the year to date ended June 30, 2026, operating income of $118.0 million increased 14.4% from $103.1 million for the prior year to date. ADJUSTED OPERATING INCOME The Company believes it is useful to present non-GAAP financial measures, such as adjusted operating income and adjusted earnings per diluted share, which exclude certain non-cash items, as a means to better understand its operating performance. (See the table below and the GAAP to non-GAAP reconciliations attached to this press release for further details.) For the quarter ended June 30, 2026, adjusted operating income of $64.2 million increased 4.4% compared to adjusted operating income of $61.5 million for the prior year quarter. For the year to date ended June 30, 2026, adjusted operating income of $136.7 million increased 9.3% compared to adjusted operating income of $125.1 million for the prior year to date. NET INCOME, EARNINGS PER DILUTED SHARE AND ADJUSTED EARNINGS PER DILUTED SHARE For the quarter ended June 30, 2026, the Company recorded: Net income of $48.0 million compared to $41.0 million for the prior year quarter. Earnings per diluted share of $0.75 compared to $0.62 for the prior year quarter. Adjusted earnings per diluted share of $0.80 compared to $0.67 for the prior year quarter. (See the GAAP to non-GAAP reconciliations attached to this press release for further details.) For the year to date ended June 30, 2026, the Company recorded: Net income of $101.9 million compared to $84.7 million for the prior year to date. Earnings per diluted share of $1.60 compared to $1.27 for the prior year to date. Adjusted earnings per diluted share of $1.70 compared to $1.37 for the prior year to date. (See table below and the GAAP to non-GAAP reconciliation attached to this press release for further details.) CAPITAL ALLOCATION On August 6, 2026, the board of directors declared a quarterly dividend of $0.17 per share, an increase of 13.3% from the prior quarter, which will be paid on September 10, 2026 to holders of record of common stock as of September 1, 2026. Any decision to pay future cash dividends, however, will be made by the board of directors and depend on the Company’s available retained earnings, financial condition and other relevant factors. The Company expects quarterly dividend payments to be an integral and growing part of its balanced capital allocation strategy that also prioritizes investments in student enrollment, student support and technology projects, as well as evaluating acquisitions and repurchases under our authorized stock repurchase program. BALANCE SHEET AND CASH FLOW For the quarter ended June 30, 2026, net cash provided by operating activities was $74.6 million, compared to net cash provided by operating activities of $78.8 million for the prior year quarter. For the year to date ended June 30, 2026, net cash provided by operating activities was $144.0 million, compared to net cash provided by operating activities of $143.9 million for the prior year to date. As of June 30, 2026 and December 31, 2025, cash, cash equivalents, restricted cash and available-for-sale short-term investments totaled $734.8 million and $643.5 million, respectively. OUTLOOK The Company is providing the following third quarter outlook along with a full year outlook, subject to the key assumptions identified below. Please see the GAAP to non-GAAP reconciliations for adjusted operating income and adjusted earnings per diluted share attached to this press release for further details. Operating income, which is the most directly comparable GAAP measure to adjusted operating income, and earnings per diluted share, which is the most directly comparable GAAP measure to adjusted earnings per diluted share, may not follow the same trends stated in the outlook above because of future adjustments made for certain significant and non-cash items. The operating income, adjusted operating income, earnings per share and adjusted earnings per share outlook provided above for the third quarter ending September 30, 2026 and year ending December 31, 2026 are based on the following key assumptions and factors, among others: (i) prospective student interest in our academic institutions' programs and trends in student retention and engagement remain consistent with management’s recent experiences, (ii) no material impact from current or future federal budget reconciliations or other legislative activity on the availability of current levels of federal student aid or the conditions associated with participating in such aid programs, (iii) no significant impact from new or proposed regulations, or from updated interpretations of current regulations, administrative actions by or changes in the structure of federal agencies or other adverse changes in the legal or regulatory environment, including government shutdowns, which may require operational changes in the way the Company’s academic institutions attract, connect with, enroll, support and educate current and prospective students, among other impacts, (iv) any impact on total student enrollments due to elimination of the Grad PLUS loan program will not be material as prospective students are assumed to have access to private lending sources, (v) no significant operating impacts from the settlement with the U.S. Federal Trade Commission or other legal or regulatory matters, (vi) no material disruptions to the availability of the current levels of federal student aid whether due to the restructuring of federal agencies, government shutdowns, staffing related changes or layoffs or changes to congressional funding priorities, (vii) no material impact from the increased use of Artificial Intelligence by prospective students in lieu of traditional Internet search engines, (viii) legal fees relating to current litigation matters remain generally in line with the Company's current expectations, (ix) earnings per diluted share outlook assumes an effective income tax rate of approximately 27.5% for the third quarter and approximately 23.5% for the full year, and (x) excludes any future impact from the Company’s stock repurchase program. Although these estimates and assumptions are based upon management’s good faith beliefs regarding current and future circumstances and actions that may be undertaken, actual results could differ materially from these estimates. In addition, decisions the Company makes in the future as it continues to evaluate diverse strategies to enhance stockholder value may impact the outlook provided above. CONFERENCE CALL INFORMATION Perdoceo Education Corporation will host a conference call on Thursday, August 6, 2026 at 4:30 p.m. Eastern time to discuss the second quarter operating and financial results, and third quarter and full year 2026 outlook. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 4671240. Viewers can also access the conference call by following this link https://events.q4inc.com/attendee/385690544. Please log-in or dial-in at least 10 minutes prior to the start time to ensure a connection. An archived version of the webcast will be accessible for 90 days at www.perdoceoed.com in the Investor Relations section of the website. ABOUT PERDOCEO EDUCATION CORPORATION Perdoceo’s accredited academic institutions offer a quality postsecondary education to a diverse student population, with fully online, campus-based and hybrid learning programs. The Company’s academic institutions – Colorado Technical University ("CTU"), the American InterContinental University System ("AIUS" or "AIU System") and University of St. Augustine for Health Sciences ("USAHS") – provide degree programs from the associate through doctoral level as well as non-degree seeking and professional development programs. Our academic institutions offer students industry-relevant and career-focused academic programs that are designed to meet the educational needs of today’s busy adults. CTU and AIUS continue to show innovation in higher education, advancing personalized learning technologies like their intellipath® learning platform and using data analytics and technology to serve and educate students while enhancing overall learning and academic experiences. USAHS prepares medical professionals to provide quality medical care to communities across the country primarily through its graduate health sciences degree offerings in physical therapy, occupational therapy, speech language therapy and nursing, as well as continuing education programs. Perdoceo's academic institutions are committed to providing quality education that closes the gap between learners who seek to advance their careers and employers and communities needing a qualified workforce. For more information, please visit www.perdoceoed.com. Except for the historical and current factual information contained herein, the matters set forth in this release, including statements identified by words such as "believe," "will," "expect," "continue," "outlook," "remain," "focused on," "should" and similar expressions, are forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on information currently available to us and are subject to various assumptions, risks, uncertainties and other factors that could cause our results of operations, financial condition, cash flows, performance, business prospects and opportunities to differ materially from those expressed in, or implied by, these statements. Except as expressly required by the federal securities laws, we undertake no obligation to update or revise such factors or any of the forward-looking statements contained herein to reflect future events, developments or changed circumstances, or for any other reason. These risks and uncertainties, the outcomes of which could materially and adversely affect our financial condition and results of operations, include, but are not limited to, the following: declines in enrollment or interest in our programs or our ability to attract and connect with prospective students; our continued compliance with and eligibility to participate in Title IV Programs under the Higher Education Act of 1965, as amended, and the regulations thereunder (including the new 90/10 regulations, and earnings premium, financial responsibility and administrative capability standards prescribed by the U.S. Department of Education, the "Department"), as well as applicable accreditation standards and state regulatory requirements; the impact of various versions of "borrower defense to repayment" regulations; the final outcome of various legal challenges to the Department's loan discharge and forgiveness efforts; rulemaking or changing interpretations of existing regulations, guidance or historical practices by the Department, or any state or accreditor and increased focus by Congress and governmental agencies on, or increased negative publicity about, for-profit education institutions; the impact of any federal budget reconciliations or other legislative activities on the availability of adequate levels of federal student aid or the conditions associated with participating in such aid programs; the success of our initiatives to improve student experiences, retention and academic outcomes; our continued ability to participate in educational assistance programs for key employers, veterans or other military personnel; our ability to pay dividends on our common stock and execute our stock repurchase program; increased competition; the impact of management changes; our ability to successfully defend litigation and other claims brought against us; and changes in the overall U.S. economy. Further information about these and other relevant risks and uncertainties may be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and its subsequent filings with the Securities and Exchange Commission. View source version on businesswire.com: https://www.businesswire.com/news/home/20260806343294/en/ Contacts Investors: Alpha IR GroupNick Nelson(312) [email protected] or Media: Perdoceo Education Corporation(847) [email protected]

SCHAUMBURG, Ill., July 22, 2026--(BUSINESS WIRE)--Perdoceo Education Corporation (NASDAQ: PRDO), a provider of postsecondary education programs through its academic institutions, today announced it will report second quarter 2026 financial results after the market closes on Thursday, August 6, 2026. The Company will host a live conference call and webcast to discuss the results and its 2026 outlook later that afternoon at 4:30 p.m. Eastern time. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 4671240. Viewers can also access the conference call by following this link https://events.q4inc.com/attendee/385690544. Please log-in or dial-in at least 10 minutes prior to the start time to ensure a connection. An archived version of the webcast will be accessible for 90 days at http://www.perdoceoed.com in the Investor Relations section of the website. About Perdoceo Education Corporation Perdoceo’s accredited academic institutions offer a quality postsecondary education to a diverse student population, with fully online, campus-based and hybrid learning programs. The Company’s academic institutions – Colorado Technical University ("CTU"), the American InterContinental University System ("AIUS" or "AIU System") and University of St. Augustine for Health Sciences ("USAHS") – provide degree programs from the associate through doctoral level as well as non-degree seeking and professional development programs. Our academic institutions offer students industry-relevant and career-focused academic programs that are designed to meet the educational needs of today’s busy adults. CTU and AIUS continue to show innovation in higher education, advancing personalized learning technologies like their intellipath® learning platform and using data analytics and technology to serve and educate students while enhancing overall learning and academic experiences. USAHS prepares medical professionals to provide quality medical care to communities across the country primarily through its graduate health sciences degree offerings in physical therapy, occupational therapy, speech language therapy and nursing, as well as continuing education programs. Perdoceo's academic institutions are committed to providing quality education that closes the gap between learners who seek to advance their careers and employers and communities needing a qualified workforce. For more information, please visit www.perdoceoed.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260722129653/en/ Contacts Investors:Alpha IR GroupNick Nelson(312) [email protected]:Perdoceo Education Corporation(847) [email protected]

Interested in Perdoceo Education Corporation? Here are five stocks we like better. Perdoceo Education beat Q1 expectations, with net income rising to $54 million, revenue up 4.1% to $221.7 million, and adjusted EPS increasing to $0.90 from $0.70 a year earlier. Enrollment trends were mostly positive, led by CTU’s 10th straight quarter of growth and gains at the University of St. Augustine, while AIU System saw a decline that management expects to improve later in the year. The company raised its 2026 outlook for adjusted operating income to $254 million-$263 million and adjusted EPS to $3.05-$3.16, citing strong retention, stable student interest and limited expected impact from regulatory changes. Perdoceo Education (NASDAQ:PRDO) reported stronger-than-expected first-quarter 2026 results, with management citing enrollment gains, high student retention and continued investments in marketing, admissions and technology across its academic institutions. President and Chief Executive Officer Todd Nelson said the company’s operating performance “exceeded our expectations” and reflected what he described as a balanced approach to running its institutions while investing in student onboarding, enrollment, academics and support processes. → Insider Sales: Top AST SpaceMobile Insider Cuts Postion Over 30% Perdoceo reported first-quarter net income of $54 million, or $0.85 per diluted share, compared with $43.7 million, or $0.65 per diluted share, in the prior-year quarter. Adjusted earnings per diluted share rose to $0.90 from $0.70 a year earlier. Revenue increased 4.1% to $221.7 million from $213 million. Chief Financial Officer Ashish Ghia said operating income increased 22% to $63.1 million, while adjusted operating income rose 14.1% to $72.5 million. He said the improvement was primarily supported by organic revenue growth across the company’s academic institutions, while operating efficiencies were partially reinvested in student-related processes. → Light Speed Returns: Corning Cashes In on NVIDIA Growth Total student enrollment increased 1.1% year over year as of March 31, according to Ghia. The company’s Colorado Technical University, or CTU, posted a 1.9% increase in total enrollments to 34,050 students, marking its 10th consecutive quarter of enrollment growth. Nelson said student retention continued to trend near multi-year highs, while the company increased investments in marketing and admissions to address interest from prospective students. He also said corporate student programs remained a meaningful contributor to enrollment growth, particularly at CTU. → Years in the Making, AMD’s Upside Movement Has Just Begun At AIU System, total enrollments declined 2.2%, which management said was expected and primarily reflected lower enrollments at Trident University, part of AIU System. Ghia said the company expects reported total enrollments at AIU System to increase in the second quarter and accelerate further in the third quarter compared with the prior-year periods. At the University of St. Augustine for Health Sciences, total enrollments rose 3.1%, with just under 4,400 students enrolled for the spring term. Ghia said growth was driven by programs including nursing and speech language pathology, as well as new modalities for the occupational therapy program. He said the company expects new student enrollment growth for both the summer and fall terms. CTU’s first-quarter revenue increased 4% to $120.8 million, while operating income rose 8.1% to $15.5 million. Ghia said the improvement reflected enrollment and revenue growth, with lower bad debt expense more than offsetting investments in marketing and admissions. AIU System revenue rose to $57.8 million, and operating income increased 12% to $12.6 million. Ghia again pointed to lower bad debt expense offsetting marketing investments. St. Augustine reported revenue of $43 million, up 9.8% from the prior-year quarter. Operating income increased to $6.3 million from an operating loss in the prior-year period. Adjusted operating income, excluding depreciation and amortization, increased to $13.3 million from $8.5 million. Nelson said Perdoceo is continuing to invest in technology to improve student experiences and operating effectiveness. He said artificial intelligence efforts are focused on student and classroom learning, as well as operating and functional processes. Faculty are using AI in classrooms where feasible, with the goal of helping students leverage AI personally and professionally, Nelson said. He added that academic leadership is exploring AI-focused courses and programs, with plans to launch later this year pending required approvals. The company is also using generative AI selectively to identify and engage prospective students who it believes are more likely to succeed at one of its academic institutions. Nelson said several pilots and tests are underway across student support and functional areas, including software engineering and development. Perdoceo generated $69.4 million in net cash flows from operations during the quarter, compared with $65.1 million in the prior-year quarter. The company ended the quarter with $680 million in cash, cash equivalents, restricted cash and available-for-sale short-term investments, up about $36.5 million from year-end. Ghia said the company returned approximately $18 million to shareholders through quarterly dividends and stock repurchases during the quarter. It also used $10.3 million for employee tax payments through share repurchases related to stock vesting and spent $1.7 million on capital expenditures. The company had $91.9 million remaining under its share repurchase authorization. The board declared a quarterly dividend of $0.15 per share, payable June 12, 2026, to shareholders of record as of June 1, 2026. For full-year 2026, Perdoceo now expects adjusted operating income of $254 million to $263 million, compared with $237.6 million in 2025. Adjusted earnings per diluted share are expected to range from $3.05 to $3.16, compared with $2.61 in 2025. Ghia said the outlook assumes continued high levels of student retention and engagement, stable prospective student interest and no meaningful operational impact from changes in the regulatory or legislative environment. He also said the company does not expect a material enrollment impact from the elimination of the Grad PLUS Loan program, annual and lifetime graduate loan limits, or students’ ability to finance education through private lending sources. For the second quarter, the company expects adjusted operating income of $63 million to $64 million and adjusted earnings per diluted share of $0.79 to $0.80. The second-quarter earnings outlook includes a non-recurring $0.05 per-share benefit tied to the resolution of a prior-period state tax matter. Nelson said Perdoceo remains focused on “sustainable and responsible long-term growth” and thanked faculty and staff for their work serving students. Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor's and master's degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers. With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings. The article "Perdoceo Education Q1 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for May 2026.

Earnings per diluted share increased by 30.8% as compared to the prior year SCHAUMBURG, Ill., May 07, 2026--(BUSINESS WIRE)--Perdoceo Education Corporation (NASDAQ: PRDO), a provider of postsecondary education programs through its academic institutions, today reported operating and financial results for the first quarter ended March 31, 2026. "First quarter results were ahead of our expectations which we believe continue to underscore the operating strength and value proposition of our academic institutions," said Todd Nelson, President and Chief Executive Officer. "During the quarter, our academic institutions continued to generate strong levels of prospective student interest, while student retention and engagement trended near multi-year highs. We remain optimistic for 2026 and will continue to make selective investments that, we believe, will further improve academic outcomes and student experiences." First Quarter 2026 Results as Compared to Prior Year Quarter Operating income increased 22.0% to $63.1 million, while adjusted operating income increased 14.1% to $72.5 million*. Revenue increased 4.1% to $221.7 million compared to $213.0 million. Total student enrollments at March 31, 2026 increased by 1.1%. Total student enrollment growth at CTU and USAHS was partially offset by the expected decline at AIUS. Earnings per diluted share was $0.85 as compared to $0.65, while adjusted earnings per diluted share grew by 28.6% to $0.90 as compared to $0.70*. *See GAAP (U.S. generally accepted accounting principles) to non-GAAP reconciliations attached to this press release. TOTAL STUDENT ENROLLMENTS As of March 31, 2026, total student enrollments were 48,740 an increase of 1.1% as compared to 48,190 total student enrollments as of March 31, 2025. REVENUE For the quarter ended March 31, 2026, revenue increased 4.1% to $221.7 million compared to revenue of $213.0 million for the prior year quarter. OPERATING INCOME For the quarter ended March 31, 2026, operating income increased 22.0% to $63.1 million as compared to the prior year quarter. ADJUSTED OPERATING INCOME The Company believes it is useful to present non-GAAP financial measures, such as adjusted operating income, which exclude certain non-cash items, as a means to better understand its operating performance. (See the table below and the GAAP to non-GAAP reconciliations attached to this press release for further details.) For the quarter ended March 31, 2026, adjusted operating income of $72.5 million increased 14.1% compared to adjusted operating income of $63.5 million for the prior year quarter. NET INCOME, EARNINGS PER DILUTED SHARE AND ADJUSTED EARNINGS PER DILUTED SHARE For the quarter ended March 31, 2026, the Company recorded: Net income of $54.0 million compared to $43.7 million for the prior year quarter. Earnings per diluted share of $0.85 compared to $0.65 for the prior year quarter. Adjusted earnings per diluted share of $0.90 compared to $0.70 for the prior year quarter. (See the GAAP to non-GAAP reconciliations attached to this press release for further details.) CAPITAL ALLOCATION On May 6, 2026 the board of directors declared a quarterly dividend of $0.15 per share, which will be paid on June 12, 2026 to holders of record of common stock as of June 1, 2026. Any decision to pay future cash dividends, however, will be made by the board of directors and depend on the Company’s available retained earnings, financial condition and other relevant factors. The Company expects quarterly dividend payments to be an integral and growing part of its balanced capital allocation strategy that also prioritizes investments in student enrollment, student support and technology projects, as well as evaluating future acquisitions and share repurchases under our authorized repurchase program. BALANCE SHEET AND CASH FLOW For the quarter ended March 31, 2026, net cash provided by operating activities was $69.4 million, compared to net cash provided by operating activities of $65.1 million for the prior year quarter. As of March 31, 2026 and December 31, 2025, cash, cash equivalents, restricted cash and available-for-sale short-term investments totaled $680.0 million and $643.5 million, respectively. OUTLOOK The Company is providing its second quarter outlook and updating its full year 2026 outlook, subject to the key assumptions identified below. Please see the GAAP to non-GAAP reconciliations for adjusted operating income and adjusted earnings per diluted share attached to this press release for further details. Operating income, which is the most directly comparable GAAP measure to adjusted operating income, and earnings per diluted share, which is the most directly comparable GAAP measure to adjusted earnings per diluted share, may not follow the same trends stated in the outlook above because of future adjustments made for certain non-cash items. The operating income, adjusted operating income, earnings per share and adjusted earnings per share outlook provided above for the second quarter ending June 30, 2026 and year ending December 31, 2026 are based on the following key assumptions and factors, among others: (i) prospective student interest in our academic institutions' programs and trends in student retention and engagement remain consistent with management’s recent experiences, (ii) no material impact from current or future federal budget reconciliations or other legislative activity on the availability of current levels of federal student aid or the conditions associated with participating in such aid programs, (iii) no significant impact from new or proposed regulations, or from updated interpretations of current regulations, administrative actions by or changes in the structure of federal agencies or other adverse changes in the legal or regulatory environment, including government shutdowns, which may require operational changes in the way the Company’s academic institutions attract, connect with, enroll, support and educate current and prospective students, among other impacts, (iv) any impact on total student enrollments due to elimination of the Grad plus loan program will not be material as prospective students are assumed to have access to private lending sources, (v) no significant operating impacts from the settlement with the U.S. Federal Trade Commission or other legal or regulatory matters, (vi) no material disruptions to the availability of the current levels of federal student aid whether due to the restructuring of federal agencies, government shutdowns, staffing related changes or layoffs or changes to congressional funding priorities, (vii) no material impact from the increased use of AI by prospective students in lieu of search engines, (viii) earnings per diluted share outlook assumes an effective income tax rate of approximately 20.0% for the second quarter and approximately 23.0% for the full year, and (ix) excludes any future impact from the Company’s stock repurchase program. Although these estimates and assumptions are based upon management’s good faith beliefs regarding current and future circumstances and actions that may be undertaken, actual results could differ materially from these estimates. In addition, decisions the Company makes in the future as it continues to evaluate diverse strategies to enhance stockholder value may impact the outlook provided above. CONFERENCE CALL INFORMATION Perdoceo Education Corporation will host a conference call on Thursday, May 7, 2026 at 5:00 p.m. Eastern time to discuss the first quarter operating and financial results, and second quarter and full year 2026 outlook. Interested parties can access the live webcast of the conference call at www.perdoceoed.com in the Investor Relations section of the website. Participants can also listen to the conference call by dialing 1-800-715-9871 (domestic) or 1-646-307-1963 (international). Both dial-in numbers will use the access code 4671240. Viewers can also access the conference call by following this link https://events.q4inc.com/attendee/170297468. Please log-in or dial-in at least 10 minutes prior to the start time to ensure a connection. An archived version of the webcast will be accessible for 90 days at www.perdoceoed.com in the Investor Relations section of the website. ABOUT PERDOCEO EDUCATION CORPORATION Perdoceo’s accredited academic institutions offer a quality postsecondary education to a diverse student population, with fully online, campus-based and hybrid learning programs. The Company’s academic institutions – Colorado Technical University ("CTU"), the American InterContinental University System ("AIUS" or "AIU System") and University of St. Augustine for Health Sciences ("USAHS") – provide degree programs from the associate through doctoral level as well as non-degree seeking and professional development programs. Our academic institutions offer students industry-relevant and career-focused academic programs that are designed to meet the educational needs of today’s busy adults. CTU and AIUS continue to show innovation in higher education, advancing personalized learning technologies like their intellipath® learning platform and using data analytics and technology to serve and educate students while enhancing overall learning and academic experiences. USAHS prepares medical professionals to provide quality medical care to communities across the country primarily through its graduate health sciences degree offerings in physical therapy, occupational therapy, speech language therapy and nursing, as well as continuing education programs. Perdoceo's academic institutions are committed to providing quality education that closes the gap between learners who seek to advance their careers and employers and communities needing a qualified workforce. For more information, please visit www.perdoceoed.com. Except for the historical and current factual information contained herein, the matters set forth in this release, including statements identified by words such as "believe," "will," "expect," "continue," "outlook," "remain," "focused on," "should" and similar expressions, are forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on information currently available to us and are subject to various assumptions, risks, uncertainties and other factors that could cause our results of operations, financial condition, cash flows, performance, business prospects and opportunities to differ materially from those expressed in, or implied by, these statements. Except as expressly required by the federal securities laws, we undertake no obligation to update or revise such factors or any of the forward-looking statements contained herein to reflect future events, developments or changed circumstances, or for any other reason. These risks and uncertainties, the outcomes of which could materially and adversely affect our financial condition and results of operations, include, but are not limited to, the following: declines in enrollment or interest in our programs or our ability to attract and connect with prospective students; our continued compliance with and eligibility to participate in Title IV Programs under the Higher Education Act of 1965, as amended, and the regulations thereunder (including the new 90-10, earnings premium, financial responsibility and administrative capability standards prescribed by the U.S. Department of Education, the "Department"), as well as applicable accreditation standards and state regulatory requirements; the impact of various versions of "borrower defense to repayment" regulations; the final outcome of various legal challenges to the Department's loan discharge and forgiveness efforts; rulemaking or changing interpretations of existing regulations, guidance or historical practices by the Department, or any state or accreditor and increased focus by Congress and governmental agencies on, or increased negative publicity about, for-profit education institutions; the impact of any federal budget reconciliations or other legislative activities on the availability of adequate levels of federal student aid or the conditions associated with participating in such aid programs; the success of our initiatives to improve student experiences, retention and academic outcomes; our continued ability to participate in educational assistance programs for key employers, veterans or other military personnel; our ability to pay dividends on our common stock and execute our stock repurchase program; increased competition; the impact of management changes; and changes in the overall U.S. economy. Further information about these and other relevant risks and uncertainties may be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and its subsequent filings with the Securities and Exchange Commission. View source version on businesswire.com: https://www.businesswire.com/news/home/20260507357423/en/ Contacts Investors: Alpha IR Group Nick Nelson or Daniel Naik (312) 445-2870 [email protected] or Media: Perdoceo Education Corporation (847) 585-2600 [email protected]