Arco platform reports diluted earnings per class a & b share of r$0.78

Arco platform limited reports fourth quarter and full year 2019 financial results.q4 revenue brl 247.6 million versus refinitiv ibes estimate of brl 232 million.qtrly diluted earnings per class a & b share r$0.78.expect to recognize in q1 23% to 26% of consolidated acv bookings 2020.2020 adjusted ebitda margin is expected to be in range of 35.5% to 37.5%.2020 acv bookings confirmation (from oct 2019 to sept 2020) for arco platform is r$1,006 million.arco platform - 2020 acv bookings confirmation (from oct 2019 to sept 2020) for arco, excluding positivo, grows at 35% yoy.
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