Arco Reports First Quarter 2021 Results

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Arco Platform Ltd. (ARCE) Reports Q1 EPS of R$0.20 on Revenues of R$331.7M

May 24, 2021 4:10 PM EDT

Arco Platform Ltd. (NASDAQ: ARCE) reported Q1 EPS of R$0.20, versus R$0.07 reported last year. Revenue for the quarter came in at R$331.7 million, versus R$261.58 million reported last year.

First Quarter 2021 Results

Net revenue of R$331.7 million;Gross profit of R$244.5 million;Adjusted EBITDA of R$118.4 million;Adjusted net income of R$61.1 million;

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