Perdoceo Education Corporation · NASDAQ:PRDO
Perdoceo Education — Career Education — Q3 2018 Earnings Presentation
8 slides from Perdoceo Education's earnings presentation, Nov 1, 2018
Slide 1: Third Quarter 2018 Investor Conference Call
CAREER EDUCATION CORPORATION THIRD quarter 2018 investor conference call NOVEMBER 1, 2018 Ashish Ghia Senior Vice President & Chief Financial Officer Todd Nelson President & Chief Executive Officer Exhibit 99.2
Slide 2: Forward-Looking Statements and Non-GAAP Cautionary Note
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: 2018 Outlook - Total Company
2018 Outlook - Total Company Estimated outlook is based on assumptions listed on slide 4 Unused space charges represent the net present value of remaining lease obligations for vacated space less an estimated amount for sublease income. As early lease terminations or subleases occur, or as assumptio
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 our programs continues to trend in line with recent experiences Initiatives and investments in student-serving operations c
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 September 30, For the Year to Date Ended September 30, Adjust
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) For the Quarter Ended September 30, For the Year to Date Ended September 30,
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 September 30, For the Year to Date Ended September 30, Adjusted Earni
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 items as a means to understand the performance of its operations. As a general ma