Arco Platform Ltd

Arco Platform Ltd. engages in the provision of complete pedagogical system with technology-enabled features to deliver educational content to private schools and students.It operates through the following Core and Supplemental segments. The Core segment offers solutions that address the Brazilian K-12 curriculum requirements through a personalized and interactive learning experience. The Supplemental segment is involved primarily in English as a second language, technological solutions for communication, Learning Management System platform, and content to develop socio emotional skills. The company was founded by Ari de Sá Cavalcante Neto in 2004 and is headquartered in Consolacao, Brazil.

Earnings data Q4 2019

Earnings data Q1 2020

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q1 2024

Arco Platform (ARCE) posts robust Q4 earnings, focuses on churn reduction

Arco Platform reported strong financial results for Q4 2022, showcasing revenue growth, improved cash flow metrics, and a focus on ESG initiatives. The company addressed challenges such as G&A expense management and churn reduction while highlighting opportunities in driving combined churn lower and leveraging revenue recognition differences between Core and Supplemental solutions.

Arco Platform excels in Q1 2023, driven by strong segment growth

Arco Platform delivered a robust performance in Q1 2023, showcasing growth in key segments and improved cash flow generation. The acquisition of ISAAC significantly boosted net revenue, setting the stage for continued expansion and revenue growth. While facing challenges with printing costs, the company remains optimistic about future improvements and growth opportunities.

Arco Platform impresses with strong Q2 performance and strategic decisions

Arco Platform's Q2 2023 earnings call highlighted robust financial performance, strategic decision-making, and challenges in managing costs and revenue. The company's move to go private and confidence in cost reduction strategies underscore a proactive approach to enhancing shareholder value and sustaining growth.

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Arco Platform Ltd. engages in the provision of complete pedagogical system with technology-enabled features to deliver educational content to private schools and students. It operates through the following segments: Core and Supplemental. The Core segment provides solutions that address the Brazilian K-12 curriculum requirements through a personalized and interactive learning experience. The Supplemental segment is involved primarily in English as a second language, technological solutions for communication, Learning Management System platform, and content to develop socio emotional skills. The company was founded by Ari de Sá Cavalcante Neto in 2004 and is headquartered in Consolacao, Brazil.

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced it will report fourth quarter and fiscal year 2021 financial results for the period ended December 31, 2021, after the market closes on Thursday, March 31, 2022. The Company will host a corresponding conference call and webcast at 5 p.m. Eastern Time on that day. Investors may listen to the conference call by dialing +1 (412) 717-9627, +1 (844) 204-8942 or +55 (11) 4090-1621. An audio replay of the call w

Arco to Report Fourth Quarter and Fiscal Year 2021 Financial Results on March 31, 2022

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE) today announced that it has acquired in Brazil the following solutions from Pearson Education do Brasil Ltda.: (i) PGS: a K-12 bilingual courseware and teaching methodology, previously known as Pearson Global School; and (ii) Mentes do Amanhã (“Mentes”): a K-12 supplemental solution focused on 21st century skills (social-emotional learning, financial literacy, and technology) This transaction broadens Arco's supplemental

Arco Complements Its Supplemental Portfolio With the Acquisition of PGS and Mentes do Amanhã

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced that it closed its issuance of convertible senior notes pursuant to agreements entered into with affiliates of Dragoneer Investment Group LLC (“Dragoneer”), which have committed to make a US$100 million strategic investment, and General Atlantic Partners (Bermuda) H, L.P. (“General Atlantic”), which has committed to make a US$50 million strategic investment. Each note will be convertible at the option of

Arco Announces Closing of US$150 Million Investment from Dragoneer and General Atlantic

Arco Platform Limited's (ARCE) CEO Ari de Sa Cavalcante Neto on Q3 2021 Results - Earnings Call Transcript

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco or Company (Nasdaq: ARCE), today reported financial and operating results for the third quarter ended September 30, 2021. “Operating results for the 3Q21 conclude the 2021 commercial cycle and we leave behind a challenging period not only for us, but for our partner schools, teachers, parents and students. As we look ahead, we are excited about the positive results achieved for the 2022 commercial cycle as schools normalize their operat

Arco Reports Third Quarter 2021 Results

The stock price of Arco Platform Ltd (NASDAQ: ARCE) increased by over 14% during intraday trading today. This is why it happened.

Arco Platform (ARCE) Stock: Why The Price Jumped Today

Arco Platform Ltd (NASDAQ: ARCE) has entered into agreements led by affiliates of Dragoneer Investment Group LLC for a $100 million strategic investment and General Atlantic Partners for a $50 million investment through the purchase of convertible senior notes. Each note will be convertible at the holder's option into Arco's Class A common shares at the agreed conversion rate, equivalent to an initial conversion price of $29 per share.

Arco Platform Secures $150M Investment From Dragoneer, General Atlantic

SÃO PAULO, Brazil--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced that it has entered into agreements led by affiliates of Dragoneer Investment Group LLC (“Dragoneer”), which have committed to make a US$100 million strategic investment, and General Atlantic Partners (Bermuda) J, L.P. (“General Atlantic”), which has committed to make a US$50 million strategic investment, through the purchase of convertible senior notes, subject to customary closing conditions. Ea

Arco Announces a US$150 Million Investment from Dragoneer and General Atlantic

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced that will host an Investor Day on December 6th, 2021. The event is scheduled to begin at 12 PM EST and is expected to last approximately 3 hours. Arco's management team looks forward to presenting a full overview on the company's long-term strategy and commitments to keep increasing our impact in the educational segment. Investors may register to the event at https://pt.surveymonkey.com/r/arcodayrsvp and

Arco to Host First Investor Day on December 6th, 2021

SÃO PAULO, Brazil--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced it will report third quarter 2021 financial results for the period ended September 30, 2021, after the market closes on Monday, November 29, 2021. The Company will host a corresponding conference call and webcast at 5 p.m. Eastern Time on that day. Investors may listen to the conference call by dialing +1 (412) 717-9627, +1 (844) 204-8942 or +55 (11) 4090-1621. An audio replay of the call will be

Arco to Report Third Quarter 2021 Results on November 29, 2021

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced that it received, on September 30, 2021, final antitrust approval from Brazil's Administrative Council for Economic Defense – CADE, with no conditions, in connection with its previously announced acquisition of COC and Dom Bosco learning systems, which it has now completed. The payment terms set forth in the purchase agreement were updated upon closing of the transaction to a total purchase price of R$800

Arco Receives Antitrust Approval and Completes the Acquisition of COC and Dom Bosco Learning Systems

A big punch to earnings this year as analysts have cut forecasts.

Bear of the Day: Arco Platform (ARCE)

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today announces that it has appointed Beatriz Amary and Carla Schmitzberger to its Audit Committee, effective as of today. Ms. Amary and Ms. Schmitzberger joined Arco's Board of Directors as independent members in February 2021, and with this appointment the Board has filled all three seats on the Audit Committee. Name Position Edward Ruiz Independent Director and Chairman of the Audit Committee Beatriz Amary Independent

Arco Announces Appointment of Two Independent Members to Its Audit Committee

Arco Platform Limited (ARCE) CEO Ari de Sa Cavalcante Neto on Q2 2021 Results - Earnings Call Transcript

Shares of Arco Platform (NASDAQ:ARCE) moved higher by 0.6% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 36.84% year over year to $0.12, which missed the estimate of $0.46.

Arco Platform: Q2 Earnings Insights

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco or Company (Nasdaq: ARCE), today reported financial and operating results for the second quarter ended June 30, 2021. “Operating results for the 2Q21 still reflect the challenges imposed by the COVID-19 in the sector and the schools' operations. Despite the revenue seasonality and the higher investments in product and sales force impacting our margins this quarter, we reaffirm our margin guidance for 2021. The sales cycle for the 2022 s

Arco Reports Second Quarter 2021 Results

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today released its first Environmental, Social and Governance (ESG) Report, highlighting its initiatives and best practices to support a more sustainable, equitable and prosperous future for its stakeholders and reaffirming its mission to transform the way students learn by delivering high-quality education at scale. “This report reinforces our commitment to our customers, employees, investors, suppliers and partners, an

Arco Releases its First ESG Report

SÃO PAULO, Brazil--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), announces that Mr. Pablo Doberti, board member since August 2019, and Mr. David Peixoto, board member since August 2020, have submitted their resignation letters as members of the Board of Directors and, consequently, as members of the Audit Committee, effective as of today. The announcement is part of a renewal process initiated in the beginning of the year to promote new insights on the business environments an

Arco Announces Changes to its Board of Directors

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced it will report second quarter 2021 financial results for the period ended June 30, 2021, after the market closes on Thursday, August 19, 2021. The Company will host a corresponding conference call and webcast at 5 p.m. Eastern Time on that day. Investors may listen to the conference call by dialing +1 (412) 717-9627, +1 (844) 204-8942 or +55 (11) 3181-8565. An audio replay of the call will be available th

Arco to Report Second Quarter 2021 Results on August 19, 2021

Arco Platform Limited (ARCE) CEO Ari de Sa Cavalcante on Q1 2021 Results - Earnings Call Transcript

Shares of Arco Platform (NASDAQ:ARCE) moved higher after the company reported Q1 results. Quarterly Results Earnings per share fell 17.39% year over year to $0.19, which beat the estimate of $0.14.

Arco Platform: Q1 Earnings Insights

SÃO PAULO--(BUSINESS WIRE)--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

Arco Reports First Quarter 2021 Results

SÃO PAULO, Brazil--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), announced today that it has appointed Paula Soares de Sá Cavalcante to its Board of Directors, effective as of today. The appointment of Ms. Cavalcante, a shareholder from Arco's founding family, is part of a long-term succession plan for Mr. Oto de Sá Cavalcante and reinforces the family's long-term commitment to Arco. Ms. Cavalcante holds a bachelor's degree in Business Administration from the University of For

Arco Announces Appointment of New Director

SÃO PAULO--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced it will report first quarter 2021 financial results for the period ended March 31, 2021, after the market closes on Monday, May 24, 2021. The Company will host a corresponding conference call and webcast at 6 p.m. Eastern Time on that day. Investors may listen to the conference call by dialing +1 (412) 717-9627, +1 (844) 204-8942 or +55 (11) 3181-8565. An audio replay of the call will be available through

Arco Platform Limited to Report First Quarter 2021 Financial Results on May 24, 2021

SÃO PAULO, Brazil--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), announced today that Roberto Otero will join Arco as Chief Financial Officer, effective May 11, 2021. As Arco's CFO, Mr. Otero will be responsible for leading its finance and investor relations strategy and contributing to the acceleration and continuous evolution of its business. Mr. Otero will report to Arco's founder and CEO, Ari de Sá Neto. Mr. Otero joins Arco from Bank of America Merrill Lynch, where he ser

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