Vitru Ltd. (VTRU) has released an update.
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Vitru Ltd., a Brazil-based company, has released its financial guidance, projecting a 10% to 15% increase in net revenue for 2024 and an adjusted EBITDA margin ranging from a slight decrease to a 1% increase. This outlook is based on current economic conditions in Brazil, anticipated organic growth through an expanding student base, and the development of learning hubs. However, the company cautions that these forward-looking statements are not guarantees of future performance and are subject to various risks and uncertainties.
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