Perdoceo Education Corporation · NASDAQ:PRDO

Perdoceo Education — Career Education — Q1 2016 Earnings Presentation

11 slides from Perdoceo Education's earnings presentation, May 4, 2016

  1. Slide 1: First Quarter 2016 Investor Conference Call

    CAREER EDUCATION CORPORATION FIRST quarter 2016 investor conference call May 4, 2016 A.J. Cederoth Chief Financial Officer Ashish Ghia Vice President, Finance Todd Nelson President & Chief Executive Officer Exhibit 99.2

  2. Slide 2: Forward-Looking Statements and Non-GAAP Information

    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

  3. Slide 3: Strategic Direction: Path to Shareholder Value

    Strategic Direction Path to Shareholder Value Complete Teach-out of Culinary and Career Schools Corporate Re-engineering University Efficiencies Enhance Student Retention & Outcomes

  4. Slide 4: Q1 Financial Results – Consolidated CEC

    Q1 Financial Results – Consolidated CEC Please refer to Slides 10 and 11 at the end of this presentation for a reconciliation of GAAP to non-GAAP amounts.

  5. Slide 5: Q1 Financial Results - University

    Q1 Financial Results - University Please refer to Slides 10 and 11 at the end of this presentation for a reconciliation of GAAP to non-GAAP amounts.

  6. Slide 6: Q1 Financial Results - Culinary Arts & Transitional

    Q1 Financial Results - Culinary Arts & Transitional

  7. Slide 7: Outlook

    Outlook Teach-out dates are estimated based on current student enrollment and are subject to change. Estimates are based on assumptions listed on slide 9. PHASE DOWN OF CAMPUSES IN TEACHOUT Adjusted EBITDA from University and Corporate is expected to stay relatively flat in 2016 as compared to 2015

  8. Slide 8: Appendix

    Appendix

  9. Slide 9: Outlook Assumptions

    Outlook Assumptions Achievement of the transformation strategy and its estimated results included within these slides are based on the following key assumptions and factors, among others: Flat-to-modest total enrollment growth within the University Group while achieving the intended University Group

  10. Slide 10: Reconciliation Non-GAAP Items

    Reconciliation of GAAP to Non-GAAP Items

  11. Slide 11: Reconciliation Non-GAAP Items – con't

    Reconciliation of GAAP to Non-GAAP Items – con’t

Career Education — Q1 2016 Earnings Presentation on 6ix