Cogna Educação is trading at BRL 2.19, up 7.88%, after reporting stronger second-quarter results.
- Net income rose 25.3% to BRL 148.9 million; adjusted net income increased 18.1% to BRL 210.2 million.
- Revenue grew 17.8% to approximately BRL 1.96 billion, while free cash flow surged 87.8%.
- Trading activity was notably positive following the earnings release, with shares reaching the provided August 13 closing price. The catalyst is company-specific, not broad market sentiment.