Arco Platform Limited (ARCE) Q1 2021 Earnings Call Transcript
ARCE earnings call for the period ending March 31, 2021.
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ARCE earnings call for the period ending March 31, 2021.
Gainers Ballys (NYSE:BALY) stock moved upwards by 3.7% to $57.31 during Monday’s after-market session. This security traded at a volume of 144.5K shares come close, making up 20.96% of its average volume over the last 100 days. The company’s market cap stands at $2.4 billion. Arco Platform (NASDAQ:ARCE) stock increased by 2.73% to $24.0. At the close, Arco Platform’s trading volume reached 6.0K shares. This is 2.25% of its average volume over the last 100 days. The market value of their outstanding shares is at $1.3 billion. As per the news, the Q1 earnings report came out today. Wah ...
Provided by Business Wire Arco Reports First Quarter 2021 Results Arco delivers healthy operating results in 1Q21, with net revenue 27% higher YoY, and adjusted EBITDA margin of 35.7% Arco Platform Limited, or Arco or Company (Nasdaq: ARCE), today reported financial and operating results for the first quarter ended March 31, 2021. “We delivered solid operating results in the first quarter of 2021 and we are encouraged by the early results from our sales cycle for the 2022 school year, as we once again benefit from industry-leading results from our partner schools at the n...
Company Overview Arco Platform Ltd provides a complete pedagogical system with technology-enabled features to deliver educational content to private schools in Brazil. Its turnkey curriculum solutions provide educational content in both printed and digital formats delivered through its platform to improve the learning process. The company's operating segment includes Core Curriculum and Supplemental Solutions. It generates maximum revenue from the Core Curriculum segment. The Core Curriculum business segment provides solutions that address the Brazilian K-12 curriculum requirements through a ...
Posted on 11179 Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced that it has acquired Me Salva!, an online educational solution that prepares students to be admitted to the best universities in Brazil. “We are excited to add Me Salva! to our portfolio and with the opportunities ahead on test prep and tutoring. This acquisition enables Arco to start providing a high quality solution at affordable prices to students that attend public schools, a segment that historically faces a large opportunity gap to the private se...