NOVA LIMA, Brazil (AP) — NOVA LIMA, Brazil (AP) — Afya Ltd. (AFYA) on Wednesday reported third-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 amortization costs and non-recurring costs, were 32 cents per share.

The medical education company posted revenue of $151.7 million in the period.

Afya shares have decreased 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $17.30, a drop of roughly 2% in the last 12 months.

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