Yduqs Participações S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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Yduqs Participações S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was BRL 1,296.59 million compared to BRL 1,135.49 million a year ago. Net income was BRL 92.52 million compared to BRL 14.63 million a year ago. Basic earnings per share from continuing operations was BRL 0.31838. Diluted earnings per share from continuing operations was BRL 0.31838.
For the nine months, revenue was BRL 3,917.88 million compared to BRL 3,463.32 million a year ago. Net income was BRL 273.3 million compared to BRL 26.98 million a year ago. Basic earnings per share from continuing operations was BRL 0.94048 compared to BRL 0.09119 a year ago. Diluted earnings per share from continuing operations was BRL 0.94048 compared to BRL 0.09119 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. 
