Ser Educacional S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 24, 2023 at 10:00 am IST
Share
Ser Educacional 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 442.26 million compared to BRL 390.9 million a year ago. Net loss was BRL 125.39 million compared to net income of BRL 3.49 million a year ago.
For the full year, the company reported net loss was BRL 222.15 million compared to net income of BRL 52.48 million a year ago. Basic loss per share from continuing operations was BRL 1.728 compared to basic earnings per share from continuing operations of BRL 0.408 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. 
