Cielo reports Q1 results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 26 2024
0mins
Source: SeekingAlpha
- Cielo Q1 Financial Performance:
- Reports Q1 net income of BRL 503.1 million, up 14% Y/Y.
- Q1 net operating revenue reached BRL 2,563.2 million.
- EBITDA in 1Q24 was BRL 746.7 million, down 24.9% from 1Q23.
- Additional Information on Cielo:
- Limited upside potential with a public buyback offer on the horizon.
- Q4 2023 earnings call transcript available for Cielo S.A. (CIOXY).
- Historical earnings data and dividend scorecard accessible for Cielo.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
