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home / news releases / ARCE - Arco Platform GAAP EPS of R$1.38 beats by R$1.47 revenue of R$534.9M beats by R$430.82M

ARCE - Arco Platform GAAP EPS of R$1.38 beats by R$1.47 revenue of R$534.9M beats by R$430.82M

Arco Platform Limited

2023-05-25 16:25:20 ET

  • Arco Platform press release ( NASDAQ: ARCE ): Q1 GAAP EPS of R$1.38 beats by R$1.47 .
  • Revenue of R$534.9M (+24.4% Y/Y) beats by R$430.82M .
  • Consolidated adjusted net income (loss) in 1Q23 was R$(42.0) million, with an adjusted net margin of (7.9) % (versus 7.3% in 1Q22),
  • Moving to cash flow, consolidated cash from operations in the 1Q23 reached R$275.8 million (from R$102.8 million in 1Q22).
  • For the quarter, free cash flow to firm was R$207.6 million, or R$194.5 million above the R$13.1 million free cash flow to firm of 1Q22.

For further details see:

Arco Platform GAAP EPS of R$1.38 beats by R$1.47, revenue of R$534.9M beats by R$430.82M
Stock Information
Company Name: Arco Platform Limited
Stock Symbol: ARCE
Market: NASDAQ
Website: arcoeducacao.com.br
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