Arco Platform Q2 Adj EPS $0.24 Beats $(0.09) Estimate, Sales $95.15M Miss $101.22M Estimate

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.