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CI&T Q4 Earnings Flat, Revenue Down -- Shares Up
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CI&T Q4 Earnings Flat, Revenue Down -- Shares Up
Mar 14, 2024 11:14 AM

01:58 PM EDT, 03/14/2024 (MT Newswires) -- CI&T ( CINT ) reported Q4 earnings Thursday of 0.16 Brazilian reais ($0.032) per diluted share, same as a year earlier.

One analysts polled by Capital IQ expected 0.23 reais.

Net revenue for the quarter ended Dec. 31 was 522.6 million reais, down from 611.8 million reais a year earlier. Analysts surveyed by Capital IQ expected 531.2 million reais.

The company expects Q1 net revenue of at least 520 million reais, Analysts polled by Capital IQ expect 521.5 million reais.

CI&T ( CINT ) shares were up 10% in recent trading.

Price: 4.25, Change: +0.39, Percent Change: +10.10

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