Perdoceo Education Reports Strong Q2 2025 Results, Increases Dividend and Authorizes New Share Buyback

PRDO
October 05, 2025

Perdoceo Education Corporation reported robust operating and financial results for the second quarter ended June 30, 2025. Total revenue increased by 25.7% to $209.581 million compared to the prior year quarter, with the University of St. Augustine for Health Sciences (USAHS) contributing $36.697 million.

Adjusted earnings per diluted share for Q2 2025 reached $0.67, up from $0.59 in the prior year. Total student enrollments grew by 17.4% to 46,500 students, reflecting continued strong prospective student interest and high student retention. Adjusted operating income increased by 25.4% to $61.547 million.

The company's board of directors approved a new stock repurchase program for up to $75.0 million, replacing the previous program, which commenced on July 31, 2025, and expires on January 31, 2027. Additionally, the board declared a quarterly dividend of $0.15 per share, marking a 15.4% increase from the previous $0.13 per share dividend and representing the second such increase since dividends began in 2023.

Perdoceo also raised its full-year 2025 outlook, with adjusted operating income now expected to range between $230.0 million and $236.0 million, and adjusted earnings per diluted share projected between $2.48 and $2.55. These updated projections are based on sustained student interest and retention trends.

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