Ser Educacional S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 10:21 pm EST
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Ser Educacional S.A. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was BRL 39.35 million compared to BRL 6.78 million a year ago. Basic loss per share from continuing operations was BRL 0.30603 compared to BRL 0.05265 a year ago.
For the nine months, net loss was BRL 96.76 million compared to net income of BRL 48.99 million a year ago. Basic loss per share from continuing operations was BRL 0.75259 compared to basic earnings per share from continuing operations of BRL 0.38058 a year ago.
Ser Educacional SA is a Brazil-based company principally engaged in the education sector. The Company focuses on developing post-secondary, vocational and higher education institutions. The Company provides undergraduate, graduate, masterâs degree and doctoral degree courses, Master of Business Administration (MBA) programs and vocational trainings. In addition, it manages research institutes that develop educational, scientific, political, economic and social projects. The Company also organizes national and international conferences in various areas, such as business administration, law, tourism, communications, information technology, health and education. The Company's education network is located in over10 Brazilian states amd consists of universities, colleges and a university center.
SER EDUCACIONAL S.A. 
