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Vasta Platform (NASDAQ:VSTA) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Vasta Platform logo with Business Services background
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Vasta Platform (NASDAQ:VSTA - Get Free Report) issued its earnings results on Wednesday. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.01), Zacks reports. Vasta Platform had a negative net margin of 3.32% and a positive return on equity of 1.61%. The company had revenue of $112.74 million for the quarter, compared to analysts' expectations of $666.00 million.

Vasta Platform Trading Down 5.6 %

NASDAQ VSTA traded down $0.20 on Friday, hitting $3.36. The company's stock had a trading volume of 98,447 shares, compared to its average volume of 19,313. Vasta Platform has a 52-week low of $1.60 and a 52-week high of $4.10. The company has a current ratio of 1.21, a quick ratio of 0.90 and a debt-to-equity ratio of 0.11. The company's 50-day simple moving average is $2.78 and its 200 day simple moving average is $2.57. The firm has a market cap of $269.38 million, a P/E ratio of -47.99 and a beta of 0.19.

About Vasta Platform

(Get Free Report)

Vasta Platform Limited provides educational printed and digital solutions to private schools operating in the K-12 education sector in Brazil. The company offers digital and printed textbooks, teacher handbooks, exercise books, multidisciplinary subject books, and student evaluations; and PAR platform that allows schools to select their preferred books and materials and follow their own specific teaching methods.

See Also

Earnings History for Vasta Platform (NASDAQ:VSTA)

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