Locaweb Servi?os de Internet S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021 at 04:40 pm
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Locaweb Servi?os de Internet S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was BRL 209.14 million compared to BRL 126.23 million a year ago. Net loss was BRL 3.74 million compared to net income of BRL 7.81 million a year ago. Basic loss per share from continuing operations was BRL 0.01 compared to basic earnings per share from continuing operations of BRL 0.015 a year ago. Diluted loss per share from continuing operations was BRL 0.01 compared to diluted earnings per share from continuing operations of BRL 0.015 a year ago.
For the nine months, sales was BRL 554.34 million compared to BRL 348.06 million a year ago. Net loss was BRL 8.54 million compared to net income of BRL 10.78 million a year ago. Basic loss per share from continuing operations was BRL 0.01 compared to basic earnings per share from continuing operations of BRL 0.02 a year ago. Diluted loss per share from continuing operations was BRL 0.01 compared to diluted earnings per share from continuing operations of BRL 0.02 a year ago.
Lwsa SA, formerly Locaweb Servicos de Internet SA, is a Brazil-based provider of Business-to-Business (B2B) technology solutions. The Companyâs activities are divided into two operating segments: Be Online/SaaS and Commerce. The Be Online/SaaS segment offers services of hosting, hosting reseller, domain registration, cloud computing and dedicated servers, as well as solutions related to email accounts, email marketing campaigns and Internet Protocol (IP) communication, mainly through brands Locaweb, KingHost, and Octadesk. The Commerce segment is engaged in facilitating online retail operations, providing e-commerce platforms and payment solutions, mainly through brands Tray, Bagy, Melhor Envio, Wake Commerce, Squid by Wake, and Bling CPlug.
LOCAWEB SERVIÇOS DE INTERNET S.A. 
