Odontoprev S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 26, 2021
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Odontoprev S.A. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net income was BRL 97.8 million compared to BRL 85.87 million a year ago. Basic earnings per share from continuing operations was BRL 0.1704 compared to BRL 0.1472 a year ago. Diluted earnings per share from continuing operations was BRL 0.1702 compared to BRL 0.1469 a year ago.
For the nine months, net income was BRL 293.18 million compared to BRL 277.54 million a year ago. Basic earnings per share from continuing operations was BRL 0.5047 compared to BRL 0.4759 a year ago. Diluted earnings per share from continuing operations was BRL 0.504 compared to BRL 0.4751 a year ago.
Odontoprev SA is a Brazil-based company primarily engaged in the provision of dental care services. The Company is involved in the management, sale and provision of private dental care plans and services. It offers services to individual and corporate customers. The Company organizes its dental care services into three main segments: Collective Pre-paid Plans, Collective Post-paid Plans and Individual Pre-paid Plans. Through its indirect subsidiary Easy Software Ltda, the Company is also active in the development of computer software for the dental industry. Odontoprev SA holds shares in various direct subsidiaries, such as Clidec - Clinica Dentaria Especializada Cura Dar's Ltda, Odontoprev Servicos Ltda, Garcia Pedrosa Ltda and Adcon Administradora de Convenios Odontologicos Ltd. Furthermore, It is a subsidiary of Bradesco Saude SA, a unit of Banco Bradesco SA's Bradesco Seguros e Previdencia SA.
ODONTOPREV S.A. 