Arco Platform Limited (NASDAQ:ARCE) ("Arco" or the "Company"), a leading operating system for K-12 schools, announced today the completion of the merger (the "Merger") with Achieve Merger Sub ("Merger Sub"), a wholly owned subsidiary of Achieve Holdings ("Achieve"), pursuant to the previously announced agreement and plan of merger (the "Merger Agreement"), dated as of August 10, 2023, among the Company, Achieve and Merger Sub. As a result of the Merger, Arco became a wholly-owned subsidiary of Achieve and will cease to be a publicly traded company. By the terms of the Merger Agreement, which the Company's shareholders approved at an extraordinary general meeting held on December 4, 2023,

Arco Platform Limited (NASDAQ:ARCE) ("Arco" or the "Company"), a leading operating system for K-12 schools announced today that at an extraordinary general meeting of shareholders held today, Arco's shareholders voted in favor of, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the "Merger Agreement"), dated as of August 10, 2023, among the Company, Achieve Holdings ("Achieve") and Achieve Merger Sub, a wholly owned subsidiary of Achieve ("Merger Sub"). The plan of merger is required to be filed with the Registrar of Companies of the Cayman Islands (the "Plan of Merger") upon completion of the Merger (as defined below). Pursua

Arco Platform Limited (NASDAQ:ARCE) ("Arco" or the "Company"), a leading operating system for K-12 schools, previously announced that it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on December 4, 2023 at 9:00 a.m. (Brasilia time), at Rua Augusta 2840, 16th floor, Consolação, São Paulo — SP, Brazil, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the "Merger Agreement"), dated as of August 10, 2023, among the Company, Achieve Holdings ("Achieve") and Achieve Merger Sub, a wholly owned subsidiary of Achieve, the plan of merger required to be filed with the Registra

Arco Platform Limited (NASDAQ:ARCE) ("Arco" or "Company"), a leading operating system for K-12 schools, today announced that it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on December 4, 2023 at 9:00 a.m. (Brasilia time), at Rua Augusta 2840, 16th floor, Consolação, São Paulo — SP, Brazil, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the "Merger Agreement"), dated as of August 10, 2023, among the Company, Achieve Holdings ("Achieve") and Achieve Merger Sub, a wholly owned subsidiary of Achieve ("Merger Sub"), the plan of merger required to be filed with the Re

Healthy cash generation trend continues in the 2023 cycle Financial & Management Solutions post strong growth with margin gains Arco Platform Limited, or Arco or the Company (NASDAQ:ARCE), today reported financial and operating results for the second quarter ended June 30, 2023.             2Q23       1H23 Consolidated       Consolidated   Net revenue Cash gross profit       Net revenue Cash gross profit R$471.0M R$330.4M       R$1,005.9M R$700.6M +14.3% YoY

Arco Platform Limited, or Arco (NASDAQ:ARCE), today announced it will report second quarter results for the period ended June 30th, 2023, after the market closes on Thursday, August 31st, 2023. 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. For enhanced audio connection investors may connect through Web Phone (access code: 7636515#). An audio replay of the call will be available through September 6th, 2023, by dialing +55 (11) 4118-5151 and entering access code 219191#. A live and archived Webcast of the call will be av

Transaction Delivers Substantial 55% Premium Over Closing Share Price on November 30, 2022 Definitive Agreement Unanimously Recommended by Special Committee of Independent Directors of Board of Arco Following Independent and Thorough Evaluation Process and Negotiations Founders to Maintain Controlling Ownership Stake and Company Leadership Arco Platform Limited (NASDAQ:ARCE) ("Arco" or "Company"), a leading operating system for K-12 schools, today announced that it has entered into a definitive agreement and plan of merger (the "Agreement") with Achieve Holdings ("Bidders' HoldCo") and Achieve Merger Sub, a wholly owned subsidiary of Bidders' HoldCo ("Merger Sub"), pursuant to which i

Arco delivers strong cash performance in 1Q23 with R$ 208M free cash flow to firm and debuts new financial & management segment in the p&l following isaac acquisition Arco Platform Limited, or Arco or the Company (NASDAQ:ARCE), today reported financial and operating results for the first quarter ended March 31, 2023. 1Q23   1Q23   CTD23 Consolidated   Pedagogical business   Pedagogical business   Net revenue Cash gross profit   Net revenue   Net revenue R$534.9M R$370.2M   R$472.4M   R$1,136.9M +24.4% YoY

Arco Platform Limited, or Arco (NASDAQ:ARCE), today announced it will report first quarter results for the period ended March 31st, 2023, after the market closes on Thursday, May 25th, 2023. 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. For enhanced audio connection investors may connect through Web Phone (access code: 7636515#). An audio replay of the call will be available through June 1st, 2023, by dialing +55 (11) 4118-5151 and entering access code 219191#. A live and archived Webcast of the call will be available

Arco Platform Limited, or "Arco" or "Company" (NASDAQ:ARCE), today announced that the special committee of the board of directors (the "Special Committee") received a revised non-binding proposal from General Atlantic L.P. ("General Atlantic") and Dragoneer Investment Group, LLC ("Dragoneer") to acquire all of the outstanding Class A common shares of the Company that are not held by such parties or Oto Brasil de Sá Cavalcante and Ari de Sá Cavalcante Neto or their respective affiliates at a price of $13.00 per share in cash. Based on recent discussions between the Special Committee and General Atlantic and Dragoneer, the Special Committee has agreed to negotiate definitive agreements with r

JP Morgan downgraded Arco Platform from Overweight to Neutral and set a new price target of $14.00 from $17.00 previously

Goldman downgraded Arco Platform from Buy to Neutral and set a new price target of $12.00 from $19.00 previously

JP Morgan upgraded Arco Platform from Neutral to Overweight and set a new price target of $20.00 from $21.00 previously

Credit Suisse downgraded Arco Platform from Outperform to Neutral and set a new price target of $18.00 from $27.00 previously

JP Morgan initiated coverage of Arco Platform with a rating of Neutral and set a new price target of $22.00

Itau BBA upgraded Arco Platform from Market Perform to Outperform

Itau BBA upgraded Arco Platform from Market Perform to Outperform and set a new price target of $47.00 from $57.00 previously

Morgan Stanley upgraded Arco Platform from Equal-Weight to Overweight and set a new price target of $32.50

- SEC Filing

Upgrades According to OTR Global, the prior rating for Align Technology Inc (NASDAQ:ALGN) was changed from Mixed to Positive. For the second quarter, Align Tech had an EPS of $2.22, compared to year-ago quarter EPS of $2.00. The current stock performance of Align Tech shows a 52-week-high of $413.20 and a 52-week-low of $172.29. Moreover, at the end of the last trading period, the closing price was at $322.41. Colliers Securities upgraded the previous rating for AvalonBay Communities Inc (NYSE:AVB) from Neutral to Buy. In the second quarter, AvalonBay Communities showed an EPS of $2.66, compared to $2.43 from the year-ago quarter. At the moment, the stock has a 52-week-high of $211.60 and

Jefferies raised the price target for MetLife, Inc. (NYSE:MET) from $58 to $72. Jefferies analyst Suneet Kamath upgraded the stock from Hold to Buy. MetLife shares fell 0.3% to close at $63.79 on Wednesday. TD Cowen slashed Frontier Group Holdings, Inc. (NASDAQ:ULCC) price target from $12 to $8. TD Cowen analyst Helane Becker downgraded the stock from Outperform to Market Perform. Frontier Group shares gained 0.1% to $5.60 in pre-market trading. Keybanc raised the price target for Cadence Design Systems, Inc. (NASDAQ:CDNS) from $270 to $290. Keybanc analyst Jason Celino maintained an Overweight rating. Cadence Design shares rose 0.6% to $242.50 in pre-market trading. Keybanc cut t

JP Morgan analyst Marcelo Santos downgrades Arco Platform (NASDAQ:ARCE) from Overweight to Neutral and lowers the price target from $17 to $14.

Arco Platform (NASDAQ:ARCE) reported quarterly adj earnings of $0.24 per share which beat the analyst consensus estimate of $(0.09) by 364.44 percent. This is a 397.5 percent increase over losses of $(0.08) per share from the same period last year. The company reported quarterly sales of $95.15 million which missed the analyst consensus estimate of $101.22 million by 6.00 percent. This is a 13.27 percent increase over sales of $84.00 million the same period last year.

Arco Platform (NASDAQ:ARCE) is set to give its latest quarterly earnings report on Thursday, 2023-08-31. Here's what investors need to know before the announcement. Analysts estimate that Arco Platform will report an earnings per share (EPS) of $-0.09. Arco Platform bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company missed EPS by $0.03, which was followed by a 3.15% drop in t

Gainers Amyris, Inc. (NASDAQ:AMRS) shares jumped 179.1% to $0.1839. Amyris shares dipped over 80% on Thursday after the company announced it filed for Chapter 11 bankruptcy. Rigetti Computing, Inc. (NASDAQ:RGTI) shares climbed 51.2% to $2.48 following a narrower-than-expected quarterly loss. Telesat Corporation (NASDAQ:TSAT) gained 47.2% to $12.44 after the company reported second-quarter results and tapped MDA under a $2.1 billion deal as prime satellite manufacturer of advanced Telesat Lightspeed Low Earth Orbit constellation. Proterra Inc. (NASDAQ:PTRA) jumped 37% to $0.1442 on continued volatility after the company announced it filed for Chapter 11 bankruptcy. Ouster, Inc. (NYS

Gainers Genius Gr (AMEX:GNS) stock rose 44.6% to $1.18 during Friday's regular session. As of 13:31 EST, Genius Gr's stock is trading at a volume of 33.6 million, which is 1244.5% of its average full-day volume over the last 100 days. The company's market cap stands at $59.9 million. 2U (NASDAQ:TWOU) stock increased by 24.67% to $3.89. Trading volume for this security as of 13:31 EST is 3.0 million, which is 259.7% of its average full-day volume over the last 100 days. The company's market cap stands at $316.7 million. As per the news, the Q2 earnings report came out 3 days ago. Aterian (NASDAQ:ATER) stock moved upwards by 17.24% to $0.4. Trading volume for this security as of 13:31 EST i

U.S. stocks traded mixed, with the Dow Jones gaining around 80 points on Friday. Here are some big stocks recording gains in today’s session. Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) shares surged 24.3% to $7.24 after the company reported better-than-expected second-quarter financial results and raised FY23 revenue guidance above estimates. Innodata Inc. (NASDAQ:INOD) shares climbed 23.9% to $13.22 after the company posted a narrower quarterly loss. IonQ, Inc. (NYSE:IONQ) gained 22% to $17.31 after the company reported second-quarter financial results. Groupon, Inc. (NASDAQ:GRPN) gained 20% to $9.12. Goldman Sachs and Credit Suisse raised their price targets on the stock. Bitdee