Yduqs Participações S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 15, 2023 at 05:22 pm EDT
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Yduqs Participações S.A. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was BRL 1,101.6 million compared to BRL 1,050.3 million a year ago. Net loss was BRL 84.3 million compared to BRL 74.3 million a year ago.
For the full year, the company reported revenue was BRL 4,564.9 million compared to BRL 4,391.4 million a year ago. Net loss was BRL 55.4 million compared to net income of BRL 158.2 million a year ago.
YDUQS Participacoes SA is a Brazil-based company engaged in the provision of educational services. The Company focuses on developing post-secondary education institutions. Its services range comprises on-campus and distance learning with graduate and Master of Business Administration (MBA) programs, vocational courses, exam preparation, short-duration courses, as well as business trainings for professionals, among others. The Companyâs courses offer development in the legal, management, humanities, health and technology areas. Its educational network comprises universities, campuses, distance learning centers and colleges. The Company operates in Brazil through brands: Estacio, UniToledo, Adtalem (IBMEC, Wyden, Damasio Educacional, SJT Med and Clio).
YDUQS PARTICIPAÇÕES S.A. 
