Arco Platform: Q2 Earnings Insights

Shares of Arco Platform (NASDAQ:ARCE) moved higher by 0.6% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 36.84% year over year to $0.12, which missed the estimate of $0.46.

Revenue of $48,338,000 up by 10.47% year over year, which missed the estimate of $270,530,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Arco Platform hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 19, 2021

Time: 05:00 PM

ET Webcast URL: https://webcastlite.mziq.com/cover.html?webcastId=ef8c1784-d164-436f-a1f3-7755fa8c949e

Recent Stock Performance

Company's 52-week high was at $50.40

52-week low: $23.19

Price action over last quarter: Up 8.68%

Company Description

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