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Arco Platform Limited (ARCE) Q2 2021 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.
Provided by Business Wire Arco Reports First Quarter 2021 Results Arco delivers healthy operating results in 1Q21, with net revenue 27% higher YoY, and adjusted EBITDA margin of 35.7% Arco Platform Limited, or Arco or Company (Nasdaq: ARCE), today reported financial and operating results for the first quarter ended March 31, 2021. “We delivered solid operating results in the first quarter of 2021 and we are encouraged by the early results from our sales cycle for the 2022 school year, as we once again benefit from industry-leading results from our partner schools at the national exam (ENEM) and continue to improve our platform and innovate. We are also excited with the initial results from our redesigned cross-sell initiative, which will help further accelerate the sale of supplemental products and leverage the scale of our Core segment. We note, however, that the COVID-19 pandemic is not yet fully behind us. We see risk of revenue recognit ....
Operator Good afternoon everyone. Thank you for standing by and welcome to Arco Platform Fourth Quarter 2020 Earnings Call. This event is being recorded and all participants will be in a listen-only mode during the company s presentation. After Arco remarks, there will be a question-and-answer session. At that time, further restrictions will be given. [Operator Instructions] This event is also being broadcast live via webcast and may be accessed through Arco s website at investor.arcoplatform.com where the presentation is also available. Now, I will turn the conference over to Carina Carreira, Arco s IR Director. Carina, you may begin your presentation. ....
Arco Platform Limited (ARCE) Q4 2020 Earnings Call Transcript fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.