Yduqs Participações S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:31 pm EST
Share
Yduqs Participações S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was BRL 1,135.5 million compared to BRL 1,098.1 million a year ago. Net income was BRL 16.1 million compared to BRL 72.8 million a year ago.
For the nine months, revenue was BRL 3,463.3 million compared to BRL 3,341 million a year ago. Net income was BRL 28.8 million compared to BRL 232.5 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).