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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