NOVA LIMA, Brazil (AP) — NOVA LIMA, Brazil (AP) — Afya Ltd. (AFYA) on Wednesday reported first-quarter earnings of $21.6 million.
On a per-share basis, the Nova Lima, Brazil-based company said it had profit of 24 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 34 cents per share.
The medical education company posted revenue of $136.7 million in the period.
Afya shares have decreased 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $11.85, a rise of 11% in the last 12 months.
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