Perdoceo Education Corporation (PRDO)
The company now
Perdoceo Education Corporation, which runs three accredited universities, agreed on 14 September 2026 to buy South University for $150 million in cash at closing 3.
South had unaudited revenue of about $291 million in 2025, and the company expects to finish the purchase as early as April 2027 3.
In the quarter ended 30 June 2026, revenue rose 1.8 percent to $213.4 million and operating income rose 6.8 percent to $54.9 million 2.
Operating income is what the schools earn after paying to run them, and the company also reports an adjusted version that adds depreciation and amortization back 2.
The company said it remains on track for full year adjusted operating income of $258 million to $263 million 3.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.