Yduqs Participações S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Yduqs Participações S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was BRL 1,307.96 million compared to BRL 1,134.86 million a year ago. Net income was BRL 31.96 million compared to net loss of BRL 63.68 million a year ago. Basic earnings per share from continuing operations was BRL 0.11002 compared to basic loss per share from continuing operations of BRL 0.21306 a year ago. Diluted earnings per share from continuing operations was BRL 0.10924.
For the six months, revenue was BRL 2,621.29 million compared to BRL 2,327.83 million a year ago. Net income was BRL 180.78 million compared to BRL 12.36 million a year ago. Basic earnings per share from continuing operations was BRL 0.62238 compared to BRL 0.04133 a year ago. Diluted earnings per share from continuing operations was BRL 0.61801 compared to BRL 0.04113 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. 
