Arco Platform (NASDAQ:ARCE) reported its Q1 earnings results on Thursday, May 25, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Arco Platform missed estimated earnings by 33.33%, reporting an EPS of $-0.12 versus an estimate of $-0.09.

Revenue was up $20.75 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 11.47% drop in the share price the next day.

Here's a look at Arco Platform's past performance:

To track all earnings releases for Arco Platform visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.