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Arco Platform Limited (NASDAQ: ARCE) will report its first quarter 2022 financial results on May 24, 2022, after market close. The company will host a conference call and webcast at 5 p.m. ET on the same day for investors to discuss the results. The call will be accessible via phone or through a live webcast. An audio replay will be available until May 30, 2022.
Arco empowers students with a data-driven learning methodology, contributing positively to education outcomes.
Arco Platform Limited (Nasdaq: ARCE) reported strong financial results for FY2021, achieving R$1,232.1 million in revenues and a 36.0% adjusted EBITDA margin. The fourth quarter saw revenues of R$460.8 million, a 55% year-over-year increase. The company also announced R$1,560 million in Annual Contract Value (ACV) bookings for 2022, reflecting a 46% growth compared to the previous year. Improved cash flow and efficiency initiatives contributed to better profitability. The report highlights a positive outlook for 2023, driven by resumed in-person classes and increasing integration of acquired businesses.
Arco Platform Limited (Nasdaq: ARCE) has rescheduled its fourth quarter and fiscal year 2021 earnings call to 6 p.m. ET on March 31, 2022, moving from a previously scheduled 5 p.m. ET. This adjustment aims to reduce conflicts for analysts. The earnings results will be released after market close on the same day. Investors can join the call by dialing designated numbers or access a replay until April 6, 2022. A live and archived webcast will also be available on the company’s Investor Relations website.
Arco Platform Limited (Nasdaq: ARCE) is set to report its fourth quarter and fiscal year 2021 financial results after market close on March 31, 2022. A conference call and webcast will follow at 5 p.m. Eastern Time on the same day. Investors can participate by dialing specified numbers or accessing the webcast via the company's Investor Relations website. Arco aims to enhance education through a data-driven methodology and adaptable curriculum.
Arco Platform Limited (Nasdaq: ARCE) announced the acquisition of educational assets from Pearson Education do Brasil, enhancing its market presence in Brazil. The acquired solutions include PGS, a K-12 bilingual courseware, and Mentes do Amanhã, which focuses on 21st-century skills. This acquisition is expected to strengthen Arco’s portfolio with complementary pricing and cater to the growing demand for English as a Second Language and essential skills education. The deal aligns with Arco's strategy to expand its offerings and serve more students effectively.
Arco Platform Limited (Nasdaq: ARCE) has successfully closed the issuance of convertible senior notes, raising
Arco Platform Limited (Nasdaq: ARCE) reported its Q3 2021 results, showing a net revenue of R$183.3 million, a 12% year-over-year decrease. Despite this, the company's core solutions are recovering to pre-pandemic levels, with strong retention rates and price increases above inflation. The consolidated annual contract value (ACV) is projected to grow by 27%-29% organically in 2022, and Arco aims for increased operational efficiency and a 36.5%-38.5% adjusted EBITDA margin. A US$150 million investment from Dragoneer and General Atlantic is expected to bolster growth strategies, including cross-selling and acquisitions.
Arco Platform Limited (Nasdaq: ARCE) announced strategic investments totaling
Arco Platform Limited (Nasdaq: ARCE) has announced an Investor Day set for December 6, 2021, at 12 PM EST, lasting approximately 3 hours. The management team will present the company's long-term strategy and commitment to enhancing its impact in the education sector. Investors can register for the event through the provided link and access the webcast on the event date. Arco aims to empower students with a data-driven learning methodology, promoting personalized education to help schools thrive.
