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Arco Platform Limited - ARCE STOCK NEWS

Welcome to our dedicated page for Arco Platform news (Ticker: ARCE), a resource for investors and traders seeking the latest updates and insights on Arco Platform stock.

Arco Platform Limited (NASDAQ: ARCE) is a leading Brazilian company specializing in educational solutions for K-12 education. The company develops content, technology, and services that benefit over 1.3 million students and more than 5,000 private schools across Brazil. Arco covers a wide education spectrum, from early childhood to high school, ensuring comprehensive learning experiences through innovative tools and resources.

Arco’s mission is to combine excellent education with efficient management, providing robust educational platforms designed to enhance learning outcomes and streamline academic administration. Their suite of products includes advanced learning management systems, digital content libraries, and interactive classroom tools that cater to the diverse needs of students and educators alike.

In recent years, Arco has made significant strides in expanding its offerings and market presence. The company has invested heavily in research and development to stay ahead of educational trends and has formed strategic partnerships with key stakeholders in the education sector. These initiatives have solidified Arco’s reputation as a pioneer in educational technology and services in Brazil.

Financially, Arco Platform Limited has demonstrated consistent growth, supported by a strategic focus on scalability and innovation. The company's revenue streams are diverse, stemming from subscription-based services, content licensing, and educational consultancy. This financial stability allows Arco to reinvest in its core business areas, continually enhancing its product offerings and expanding its market reach.

Arco’s commitment to educational excellence and efficient management has garnered widespread recognition and numerous accolades. As the company continues to evolve, it remains dedicated to improving the educational landscape in Brazil, empowering students, teachers, and schools through state-of-the-art solutions and unwavering support.

Rhea-AI Summary
Arco Platform Limited (ARCE) completes merger with Achieve Merger Sub, becoming a wholly-owned subsidiary of Achieve. Shareholders to receive $14.00 per share in cash. Trading on Nasdaq to be suspended.
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Arco Platform Limited (Nasdaq: ARCE) shareholders voted in favor of the proposal to authorize and approve the agreement and plan of merger with Achieve Holdings. The Merger will result in Arco becoming a privately held company, with common shares exchanged for a purchase price of US$14.00 per share in cash, and Arco's Class A Shares will no longer be listed or traded on any stock exchange, including the Nasdaq Global Select Market.
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Arco Platform Limited (Nasdaq: ARCE) to Hold Extraordinary General Meeting to Vote on Merger Agreement in São Paulo, Brazil. The meeting will consider and vote on the proposal to authorize and approve the previously announced agreement and plan of merger, dated as of August 10, 2023, among the Company, Achieve Holdings, and Achieve Merger Sub, a wholly owned subsidiary of Achieve, the plan of merger required to be filed with the Registrar of Companies of the Cayman Islands and the transactions contemplated thereby, including the merger.
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Arco Platform Limited (ARCE) Calls Extraordinary General Meeting to Vote on Merger Agreement with Achieve Holdings, Shareholders to Receive $14.00 Per Share in Cash
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Arco Platform Limited (Nasdaq: ARCE) reported financial and operating results for Q2 2023. Net revenue increased by 14.3% YoY to R$471.0 million, with Core solutions at R$371.9 million (+1.2% YoY) and Supplemental solutions at R$23.8 million (-46.9% YoY). Financial & Management Solutions (F&M) posted a significant 104.3% YoY growth with R$75.3 million. Adjusted EBITDA was R$83.5 million (-24.6% YoY), and adjusted net income was R$78.1 million. Cash from operations reached R$365.5 million in 1H23, and free cash flow to firm was R$252.7 million. The company maintained its 2023 guidance for EBITDA margin between 36.5% and 38.5%.
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Arco Platform Limited (Nasdaq: ARCE) will report its second quarter results for the period ended June 30th, 2023, on Thursday, August 31st, 2023. The company will host a conference call and webcast at 5 p.m. Eastern Time on the same day. Investors can listen to the conference call by dialing +1 (412) 717-9627, +1 (844) 204-8942, or +55 (11) 4090-1621. An audio replay will be available until September 6th, 2023, by dialing +55 (11) 4118-5151. The webcast can be accessed on the Investor Relations section of Arco's website.
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Arco Platform announces definitive agreement for acquisition at a 55% premium over closing share price on November 30, 2022. Founders to maintain controlling ownership stake and company leadership. Merger expected to close in Q4 2023 or Q1 2024.
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FAQ

What is the market cap of Arco Platform (ARCE)?

The market cap of Arco Platform (ARCE) is approximately 927.4M.

What does Arco Platform Limited do?

Arco Platform Limited provides educational solutions including content, technology, and services for K-12 education in Brazil.

How many students and schools does Arco serve?

Arco serves over 1.3 million students and more than 5,000 private schools across Brazil.

What range of education does Arco cover?

Arco covers education from early childhood to high school.

What is Arco’s mission?

Arco's mission is to combine excellent education with efficient management.

What products does Arco offer?

Arco offers advanced learning management systems, digital content libraries, and interactive classroom tools.

What recent achievements has Arco made?

Arco has expanded its offerings, formed strategic partnerships, and invested in research and development.

How does Arco generate revenue?

Arco generates revenue from subscription-based services, content licensing, and educational consultancy.

What is Arco’s financial condition?

Arco has demonstrated consistent growth and financial stability, allowing for reinvestment in its business areas.

What is Arco’s impact on the educational landscape in Brazil?

Arco empowers students, teachers, and schools with innovative solutions, enhancing the overall educational experience.

What recognition has Arco received?

Arco has received widespread recognition and numerous accolades for its commitment to educational excellence and efficient management.

Arco Platform Limited

Nasdaq:ARCE

ARCE Rankings

ARCE Stock Data

927.43M
31.79M
3.81%
82.4%
1.43%
Education & Training Services
Consumer Defensive
Link
Brazil
São Paulo