NOVA LIMA, Brazil (AP) — NOVA LIMA, Brazil (AP) — Afya Ltd. (AFYA) on Thursday reported first-quarter net income of $43 million.
On a per-share basis, the Nova Lima, Brazil-based company said it had net income of 47 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 55 cents per share.
The medical education company posted revenue of $159.7 million in the period.
Afya expects full-year revenue in the range of $625.9 million to $642.9 million.
Afya shares have risen 22% since the beginning of the year. The stock has risen 4% in the last 12 months.
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