NOVA LIMA, Brazil (AP) — NOVA LIMA, Brazil (AP) — Afya Ltd. (AFYA) on Wednesday reported second-quarter earnings of $30.4 million.
The Nova Lima, Brazil-based company said it had net income of 33 cents per share. Earnings, adjusted for amortization costs and stock option expense, were 40 cents per share.
The medical education company posted revenue of $162.3 million in the period.
Afya shares have fallen 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $14.92, a decline of 15% in the last 12 months.
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