Perdoceo Education Corporation · NASDAQ:PRDO
Perdoceo Education — Career Education — Q4 2018 Earnings Presentation
8 slides from Perdoceo Education's earnings presentation, Feb 20, 2019
Slide 1: Fourth Quarter 2018 Investor Conference Call
CAREER EDUCATION CORPORATION FOURTH quarter 2018 investor conference call FEBRUARY 20, 2019 Ashish Ghia Senior Vice President & Chief Financial Officer Todd Nelson President & Chief Executive Officer Exhibit 99.2
Slide 2: Forward-Looking Statements
This presentation contains “forward-looking statements,” as defined in Section 21E of the Securities Exchange Act of 1934, as amended, that reflect our current expectations regarding our future growth, results of operations, cash flows, performance and business prospects and opportunities, as well a
Slide 3: 2019 Outlook - Total Company
2019 Outlook - Total Company Estimated outlook is based on assumptions listed on slide 4. See slides 5 - 8 for a GAAP to non-GAAP reconciliation of adjusted operating income and adjusted earnings per diluted share. 2019 Outlook (GAAP) (1) 2019 Outlook (non-GAAP) (1) For the 1st Quarter Ending For th
Slide 4: Outlook Assumptions
Outlook Assumptions Achievement of the outlook included within these slides is based on the following key assumptions and factors, among others: Prospective student interest in the Company’s programs continues to trend in line with recent experiences Initiatives and investments in student-serving op
Slide 5: Operating Income (Loss) and Adjusted Diluted EPS
Reconciliation of GAAP to Non-GAAP Items – Adjusted Operating Income (Loss) and Adjusted Diluted EPS CAREER EDUCATION CORPORATION AND SUBSIDIARIES UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP ITEMS (1) (In thousands) For The Quarter Ended December 31, For the Year Ended December 31, Adjusted Operati
Slide 6: Operating Income (Loss) and Adjusted Diluted EPS cont'd
Reconciliation of GAAP to Non-GAAP Items – Adjusted Operating Income (Loss) and Adjusted Diluted EPS cont’d CAREER EDUCATION CORPORATION AND SUBSIDIARIES UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP ITEMS (1) (In thousands, unless otherwise noted) For the Quarter Ended December 31, For the Year Ende
Slide 7: Operating Income (Loss) and Adjusted Diluted EPS cont'd
Reconciliation of GAAP to Non-GAAP Items – Adjusted Operating Income (Loss) and Adjusted Diluted EPS cont’d CAREER EDUCATION CORPORATION AND SUBSIDIARIES UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP ITEMS (1) For the Quarter Ended December 31, For the Year Ended December 31, Adjusted Earnings Per Di
Slide 8: Operating Income (Loss) and Adjusted Diluted EPS cont'd
Reconciliation of GAAP to Non-GAAP Items – Adjusted Operating Income (Loss) and Adjusted Diluted EPS cont’d (1) The Company believes it is useful to present non-GAAP financial measures which exclude certain significant and non-cash items as a means to understand the performance of its operations. As