ARCE News and Press, Arco Platform Limited From 01/26/23

Arco Platform Limited, or “Arco” or “Company” (Nasdaq: ARCE) , today announced that its board of directors (the “Board”) formed in December 2022 a special committee (the “Special Committee”) consisting of four independent and disinterested...

Summary Arco’s Q3 profitability fell short of expectations after adjusting for share-based comp. With Arco heading for the lower end of its EBITDA guidance and having to navigate an elevated debt load, the financial risks are elevated here. The stock also trades above the go-...

Arco concluded the 2022 cycle with organic net revenue growth of 34% over the 2021 cycle at R$1,561 million (100% ACV recognition) and improved profitability Arco Platform Limited, or Arco or Company (Nasdaq: ARCE), today reported financial and operating results for the third quarter ...

Arco Platform Limited, or “Arco” or the “Company” (Nasdaq: ARCE), today announced that its board of directors has received a preliminary non-binding proposal (the “Proposal”) dated November 30, 2022 from General Atlantic L.P. (“General Atlantic...

Arco Platform Limited, or Arco (Nasdaq: ARCE) , today announced it will report third quarter 2022 results for the period ended September 30 th , 2022, after the market closes on Thursday, December 1 st , 2022. The Company will host a corresponding conference call and web...

Arco Platform ( NASDAQ: ARCE ) said Thursday it will acquire remaining 75.1% stake in isaac, a Brazilian provider of financial and software solutions to K-12 schools, which it said would make it the world's largest operating system for schools. ARCE already holds 24.9% stake...

The combination of Arco and isaac creates the world’s largest operating system for schools Arco Platform Limited, or Arco or Company (Nasdaq: ARCE), today announced that it has entered into a definitive agreement (the “Purchase Agreement”) to acquire 75....

Summary Arco Platform is a Brazilian edtech play riding some attractive secular tailwinds in the region. Headline margins clouded its Q2 numbers, but adjusted for one-offs, the underlying business looks very strong coming out of the pandemic. The fundamentals look great, but t...

Arco Platform ( NASDAQ: ARCE ) gained as much as 12.8% on Tuesday after JP Morgan upgraded the educational software provider's rating to Overweight. The brokerage said recent weakness in ARCE's stock price presents a good buying opportunity. The stock has fa...

Education sector technology company Arco Platform ( ARCE ) is trading ~5% lower after reporting Q2 results, impacted by late orders from schools. The company reported Q2 non-GAAP EPS of -R$0.41 (vs. R$0.37 Y/Y) and revenue of R$412.1M, up 61% Y/Y. The revenue figur...