ARCE - Arco Platform GAAP EPS of $0.40 beats by $0.01 revenue of $679.3M beats by $557.78M
2023-03-30 16:31:38 ET
- Arco Platform press release ( NASDAQ: ARCE ): Q4 GAAP EPS of $0.40 beats by $0.01 .
- Revenue of $679.3M (+47.4% Y/Y) beats by $557.78M .
- Cash gross margin (gross margin excluding depreciation and amortization) was 78.1% in 4Q22 (versus 83.8% in 4Q21).
- Adjusted EBITDA was R$353.2 million in 4Q22 (+57.4% YoY), with an adjusted EBITDA margin of 52.0% (versus 48.7% in 4Q21).
- In 2022, adjusted EBITDA increased 50.3% YoY to R$647.7 million, and adjusted EBTIDA margin was 36.5% (versus 35.0% in 2021), within the guidance range we provided at the beginning of 2022.
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Arco Platform GAAP EPS of $0.40 beats by $0.01, revenue of $679.3M beats by $557.78M