Perdoceo Education Corporation PRDO

Company Overview

Perdoceo Education Corporation (NASDAQ: PRDO) is a U.S.-based postsecondary education provider focused primarily on online and campus-based degree programs, professional training, and career-oriented education. The company operates within the higher education and workforce development industries, serving students seeking undergraduate, graduate, and professional certifications in fields such as business, healthcare, technology, criminal justice, and education. Perdoceo generates revenue primarily through tuition and fees associated with its academic institutions, with a significant portion historically derived from students participating in U.S. federal financial aid programs under Title IV regulations.

The company’s principal operating institutions are Colorado Technical University (CTU) and American InterContinental University System (AIUS), both of which emphasize online education delivery and flexible learning formats targeted toward working adults and nontraditional students. Perdoceo evolved from its former identity as Career Education Corporation, a company that historically operated a larger portfolio of career colleges and international education assets. Following strategic restructuring, asset divestitures, and regulatory changes affecting the for-profit education sector, the company rebranded as Perdoceo Education Corporation in 2020 to reflect a narrower focus on technology-enabled education and student outcomes.