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| Name | Symbol | Market | Type |
|---|---|---|---|
| Telefonica Brasil SA | NYSE:VIV | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.065 | -0.73% | 8.885 | 8.99 | 8.86 | 8.95 | 541,324 | 19:26:27 |
From May 2019 to May 2024
Brazil's leading cellular operator, Vivo Participacoes (VIV), on Wednesday reported a second-quarter net profit of 236 million Brazilian reals ($133 million), up from BRL181.7 million last year.
The company attributed its net profit partially to a rise in revenue.
Vivo's second-quarter net revenue rose 10% to BRL4.4 billion from BRL4 billion.
The company's earnings before interest, taxes, depreciation and amortization, or Ebitda, were BRL1.34 billion, up from BRL1.21 billion.
The Ebitda margin, a measure of profitability over net revenue, was 30.5% in the quarter, up slightly from 30.3% in the year-earlier period.
Vivo is jointly controlled by Spain's Telefonica SA (TEF) and Portugal Telecom SGPS SA (PT).
-By Rogerio Jelmayer, Dow Jones Newswires; 5511-3544-7071; rogerio.jelmayer@dowjones.com
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