Brief: Vasta Platform Limited Reports Q2 Revenue BRL 120.2 Mln

Vasta Platform

21/08/2020 03:36

Aug 20 (Reuters) - Vasta Platform Ltd  VSTA.O :
    * VASTA PLATFORM LIMITED REPORTS SECOND QUARTER AND FIRST
HALF
2020 FINANCIAL RESULTS
    * Q2 REVENUE BRL 120.2 MILLION
    * ON-TRACK TO DELIVER 2020 ACV BOOKINGS OF R$676 MILLION
(18%
GROWTH YOY)
    * CANNOT PREDICT EXTENT OF IMPACT OF COVID-19 ON BUSINESS
    * EXPECT SALES AND SERVICES RENDERED FOR Q3 TO REMAIN STABLE
OVER
PRIOR YEAR
    * NEGATIVE EBITDA OF R$10.9 MILLION IN 2Q20
    * QTRLY ADJUSTED EBITDA, EXCLUDING NON-RECURRING EFFECTS,
WAS
NEGATIVE BY R$1.7 MILLION IN 2Q20

Source text for Eikon:  ID:nGNX2XqrnG 
Further company coverage:  VSTA.O 

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