🔴 Yduqs is trading 5% down today after adjusted profit fell 54.2% year over year

Yduqs is trading at BRL 7.31 (-5.31%) after reporting second-quarter adjusted net income of R$14 million, down 54.2% year over year.

• Results missed analysts’ expectations of R$29 million in adjusted profit and R$408 million in adjusted EBITDA; reported EBITDA was R$400 million.
• Revenue rose only 1% to R$1.4 billion, while total students declined 0.9% to 1.42 million.
• Results were released after the August 13 market close, with the investor call scheduled for August 14.