SCHAUMBURG, Ill. (AP) — SCHAUMBURG, Ill. (AP) — Perdoceo Education Corporation (PRDO) on Thursday reported profit of $34.5 million in its first quarter.

The Schaumburg, Illinois-based company said it had profit of 50 cents per share. Earnings, adjusted for non-recurring costs, came to 58 cents per share.

The for-profit education company posted revenue of $195.6 million in the period.

For the current quarter ending in June, Perdoceo Education expects its per-share earnings to range from 51 cents to 53 cents.

The company expects full-year earnings in the range of $1.68 to $1.86 per share.

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