Phoenix Education Partners reported Q2 adjusted EPS $0.58 beating $0.42 estimate, with revenue $222.5M surpassing $220.8M forecast.
Shares surged 8.2% post‑release; board declared $0.21 per share dividend payable May 22 2026 and approved $50M share‑repurchase plan.
FY2026 guidance projects revenue $1.025‑$1.035B (midpoint $1.030B) and adjusted EBITDA $244‑$249M (midpoint $246.5M).
GAAP net income fell to $10.8M ($0.28 EPS) from $16.1M ($0.43 EPS) YoY, due to IPO share‑based compensation; cash $252.1M, no debt.