Arco Platform Ltd. (ARCE) Reports Q2 EPS of R$0.35

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Go back to Arco Platform Ltd. (ARCE) Reports Q2 EPS of R$0.35

Arco Reports Second Quarter 2021 Results

August 19, 2021 4:07 PM EDT

Operating results reflect revenue seasonality, product development and sales force increase, while cash flow improves as receivables are collected and the company resumes its cash generation profile

SÃO PAULO--(BUSINESS WIRE)-- Arco Platform Limited, or Arco or Company (Nasdaq: ARCE), today reported financial and operating results for the second quarter ended June 30, 2021.

Operating results for the 2Q21 still reflect the challenges imposed by the COVID-19 in the sector and the schools' operations. Despite the revenue seasonality and the higher investments in product and sales force... More