Vitru Limited (NASDAQ:VTRU) Q2 2022 Earnings Conference Call August 25, 2022 4:30 PM ET
Company Participants
Carlos Freitas - CFO
Pedro Graça - CEO
William Matos - Co-CEO
Maria Gonçalves - Head, IR
Conference Call Participants
Vitor Tomita - Goldman Sachs
Fred Mendes - Bank of America
Mauricio Cepeda - Credit Suisse
Operator
Good evening, ladies and gentlemen, and welcome to Vitru's Second Quarter 2022 Earnings Conference Call. All participants are in a listen-only mode now. Later on, we will conduct a question-and-answer session and instructions will follow at that time. As a reminder, this call is being recorded and will be available on Vitru's IR website.
Now let me introduce your host for today's conference call, Mr. Carlos Freitas, Vitru's CFO. Please, you may begin.
Carlos Freitas
Thank you, operator and good afternoon, everyone. Thanks for joining us again. It's a real pleasure to be here with you all for the release of our second quarter 2022 numbers. Here with me I have Pedro Graça and William Matos, our Co-CEO; Maria Carolina Gonçalves, the Head of our IR Department and [indiscernible] also from our Investor Relations team.
A slide presentation will be part of today's webcast, which is available at our IR website at investors.vitru.com.br. So I trust you all have this presentation in front of you and before we begin, I'd like to make note that as detailed in Slide 2 of the presentation, safe harbor is in effect for this call.
So now I invite you all to go to the Page 4 of this presentation in which we have the main highlights for the quarter and clearly, this quarter, the most important highlights were linked to the closing of the business combination with going to market [ph] which we closed on the 20th of May. We created with this, the leading player and the largest player in the Brazilian digital education space. So both institutions were already growing a lot organically and now with the two combined, we are now the number one player in Brazil and digital education for higher education space.
We also with our governance with appointment of new members of our board of directors, including at two people from the macro family, the one that created and managed the market for 30 years. So the professor Wilson Matos is now our Vice Chairman for the Board and the definition of the new officers structure with the new celeb team that I'm going to show you a bit later.