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

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

Arco Reports First Quarter 2021 Results

May 24, 2021 4:07 PM EDT

Arco delivers healthy operating results in 1Q21, with net revenue 27% higher YoY, and adjusted EBITDA margin of 35.7%

SÃO PAULO--(BUSINESS WIRE)-- 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 national exam... More