Cielo S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 01, 2023 at 07:27 pm
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Cielo S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was BRL 2,642.08 million compared to BRL 2,540.2 million a year ago. Net income was BRL 708.56 million compared to BRL 476.74 million a year ago. Basic earnings per share from continuing operations was BRL 0.26275 compared to BRL 0.17611 a year ago. Diluted earnings per share from continuing operations was BRL 0.26079 compared to BRL 0.17489 a year ago.
For the six months, sales was BRL 5,211.9 million compared to BRL 5,302.39 million a year ago. Net income was BRL 1,149.06 million compared to BRL 661.28 million a year ago. Basic earnings per share from continuing operations was BRL 0.42641 compared to BRL 0.24419 a year ago. Diluted earnings per share from continuing operations was BRL 0.42323 compared to BRL 0.2425 a year ago.
CIELO S.A. specializes in payment cards issuance and marketing. The activity is organized around two areas of activity:
- sale of payment means: credit cards, debit cards, online payment cards, prepaid cards, etc.;
- services: assistance, accounts and partner networks management services, etc.