Ser Educacional S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021
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Ser Educacional S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net loss was BRL 6.78 million compared to BRL 27.98 million a year ago. Basic loss per share from continuing operations was BRL 0.05265 compared to BRL 0.21735 a year ago.
For the nine months, net income was BRL 48.99 million compared to BRL 43.5 million a year ago. Basic earnings per share from continuing operations was BRL 0.38058 compared to BRL 0.33797 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.