|Over a month ago|
Arco Platform to host virtual investor day » 11:2512/0612/06/21
Arco Platform to host virtual investor day » 04:5512/0612/06/21
Arco Platform to host virtual investor day » 17:0712/0312/03/21
Arco Platform receives $150M in investments » 08:0711/1811/18/21
Arco Platform announced…
Arco Platform announced that it has entered into agreements led by affiliates of Dragoneer, which have committed to make a $100M strategic investment, and General Atlantic Partners, which has committed to make a $50M strategic investment, through the purchase of convertible senior notes, subject to customary closing conditions.
|Over a quarter ago|
Nineteen new option listings on September 29th » 08:3009/2909/29/21
BBC, BVH, BYFC, CRUZ, ARCE, INBX
New option listings for…
New option listings for September 29th include iShares ESG Aware US Aggregate Bond ETF (EAGG), Recon Capital DAX Germany (DAX), First Trust EIP Carbon Impact ETF (ECLN), BioShares Biotechnology Clinical Trials Fund (BBC), BioShares Biotechnology Products Fund (BBP), Globa X MSCI SuperDividend EAFE (EFAS), Blackrock Future Innovators ETF (BFTR), Ai Powered International Equity ETF (AIIQ), WisdomTree Global ex US Real Estate Fund (DRW), Blackrock Future Health ETF (BMED), Amplify Cleaner Living ETF (DTOX), Blackrock Future Tech ETF (BTEK), Franklin Disruptive Commerce ETF (BUYZ), Bluegreen Vacations Holding Corporation (Class A Stock) (BVH), Broadway Financial (BYFC), Defiance Hotel Airline and Cruise Etf (CRUZ), Global X Clean Water ETF (AQWA), Arco Platform Ltd (Class A Stock) (ARCE), and Inhibrx Inc (INBX).
Arco Platform upgraded to Outperform from Market Perform at Itau BBA » 20:4906/1706/17/21
Itau BBA analyst Gustavo…
Itau BBA analyst Gustavo Miele upgraded Arco Platform to Outperform from Market Perform with a price target of $47, down from $57.
Fly Intel: After-Hours Movers » 18:4305/2405/24/21
NDSN, ARCE, JYNT, SRRK, HYFM, LIND, RIDE, API, ACHV, THRY, OSH, GLOB, AZEK, WOOF
Check out this evening's…
Arco Platform reports Q1 EPS R$ 20c vs. R$ 7c last year » 16:0905/2405/24/21
Reports Q1 revenue…
Reports Q1 revenue R$331.7M vs. R$267.6M last year. "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 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 recognition in 2021 to be slightly below the initially contracted values, as schools faced lower-than-expected enrollments, mostly concentrated in pre-K and kindergarten. We are hopeful that the environment for the education sector will improve, mostly from 2H21 onwards, as vaccination progresses in the country. As we look ahead, we are more than ever focused and excited with the outlook for our business and the value we can generate to our clients through our solutions. We are accelerating our product development pipeline, which may soon expand our revenue capture possibilities, particularly with our recent entry into the B2C segment in Brazil, which is an important step in that direction," said Ari de Sa Neto, CEO and founder of Arco.
Vasta Platform downgraded to Neutral from Buy at BofA » 06:1605/1105/11/21
BofA analyst Roberto…
BofA analyst Roberto Otero downgraded Vasta Platform (VSTA) to Neutral from Buy with a price target of $12, down from $21.50 as part of a broader research note on Latin America private education. Last year saw a decline in K-12 enrollments due to the shutdown of on-site classes and a macro slowdown, but the search for private education has started to improve this year, the analyst tells investors in a research note. Otero prefers Arco (ARCE) to Vasta however, keeping his Buy rating and $45 price target on the stock, given the challenges for the latter around its non-subscription business lines.
Arco Platform names Roberto Otero as CFO, effective May 11 » 16:0805/0705/07/21
Arco Platform (ARCE)…
Arco Platform (ARCE) announced that Roberto Otero will join Arco as CFO, effective May 11. Otero will report to Arco's founder and CEO, Ari de Sa Neto. Otero joins Arco from Bank of America Merrill Lynch (BAC), where he served as an Executive Director since 2009, covering the education sector, among other industries. Otero has an extensive background in corporate finance, financial planning, investor relations and financial accounting.