Latest news with #CesarGon
Business Wire
13-05-2025
- Business
- Business Wire
CI&T Reports 13.7% Net Revenue Growth at Constant Currency in 1Q25 Results
NEW YORK--(BUSINESS WIRE)--CI&T (NYSE: CINT, 'Company'), a global technology transformation specialist and fast-growing public company, today announces its results for the first quarter of 2025 (1Q25) in accordance with International Financial Reporting Standards (IFRS), as issued by the IASB. For comparison purposes, we refer to the results for the first quarter of 2024 (1Q24). The numbers are presented in U.S. dollars. First quarter of 2025 (1Q25) highlights Net Revenue of US$110.9 million, a 4.9% increase compared to US$105.7 million in 1Q24. Net Revenue growth at constant currency was 13.7% compared to 1Q24. Net Profit increased by 64.7%, reaching US$7.4 million in 1Q25, up from US$4.5 million in 1Q24. Adjusted EBITDA increased by 15.2% to US$19.6 million in 1Q25 compared to US$17.0 million in 1Q24. The Adjusted EBITDA margin was 17.6% in 1Q25. Adjusted Net Profit increased by 14.2% to US$9.6 million in 1Q25, up from US$8.4 million in 1Q24. The Adjusted Net Profit margin was 8.7% in 1Q25. Diluted earnings per share (EPS) was US$0.05 in 1Q25, an increase of 68.1% compared to US$0.03 in 1Q24. Adjusted diluted EPS was US$0.07 in 1Q25, 16.6% higher than in 1Q24. CI&T ended 1Q25 with 7,399 employees, a 21.6% increase compared to 1Q24. Cesar Gon, founder and CEO of CI&T, commented, 'As we report a strong 13.7% organic constant currency revenue growth, we remain confident in our robust underlying fundamentals and strategic market positioning. Our commitment to innovation and resilience—now strengthened by our AI-driven strategy—is accelerating business transformation and unlocking deeper impact for our clients. We are reaffirming our guidance for 2025, as we continue to drive value for our clients and stakeholders while navigating the evolving market landscape.' The full 1Q25 Earnings Release can be accessed here.
Yahoo
13-05-2025
- Business
- Yahoo
CI&T Reports 13.7% Net Revenue Growth at Constant Currency in 1Q25 Results
NEW YORK, May 13, 2025--(BUSINESS WIRE)--CI&T (NYSE: CINT, "Company"), a global technology transformation specialist and fast-growing public company, today announces its results for the first quarter of 2025 (1Q25) in accordance with International Financial Reporting Standards (IFRS), as issued by the IASB. For comparison purposes, we refer to the results for the first quarter of 2024 (1Q24). The numbers are presented in U.S. dollars. First quarter of 2025 (1Q25) highlights Net Revenue of US$110.9 million, a 4.9% increase compared to US$105.7 million in 1Q24. Net Revenue growth at constant currency was 13.7% compared to 1Q24. Net Profit increased by 64.7%, reaching US$7.4 million in 1Q25, up from US$4.5 million in 1Q24. Adjusted EBITDA increased by 15.2% to US$19.6 million in 1Q25 compared to US$17.0 million in 1Q24. The Adjusted EBITDA margin was 17.6% in 1Q25. Adjusted Net Profit increased by 14.2% to US$9.6 million in 1Q25, up from US$8.4 million in 1Q24. The Adjusted Net Profit margin was 8.7% in 1Q25. Diluted earnings per share (EPS) was US$0.05 in 1Q25, an increase of 68.1% compared to US$0.03 in 1Q24. Adjusted diluted EPS was US$0.07 in 1Q25, 16.6% higher than in 1Q24. CI&T ended 1Q25 with 7,399 employees, a 21.6% increase compared to 1Q24. Cesar Gon, founder and CEO of CI&T, commented, "As we report a strong 13.7% organic constant currency revenue growth, we remain confident in our robust underlying fundamentals and strategic market positioning. Our commitment to innovation and resilience—now strengthened by our AI-driven strategy—is accelerating business transformation and unlocking deeper impact for our clients. We are reaffirming our guidance for 2025, as we continue to drive value for our clients and stakeholders while navigating the evolving market landscape." The full 1Q25 Earnings Release can be accessed here. View source version on Contacts Investor Relations Contact: Eduardo Galvãoinvestors@ Media Relations Contact: Zella Panossianciandt@ Sign in to access your portfolio
Yahoo
12-03-2025
- Business
- Yahoo
CI&T Reports 14.7% Net Revenue Growth at Constant Currency in 4Q24 Results
NEW YORK, March 12, 2025--(BUSINESS WIRE)--CI&T (NYSE: CINT, "Company"), a global technology transformation specialist and fast-growing public company, today announces its results for the fourth quarter of 2024 (4Q24) and the full-year ended on December 31, 2024 (2024) in accordance with International Financial Reporting Standards (IFRS), as issued by the IASB. Fourth quarter of 2024 (4Q24) highlights Record Net Revenue of R$656.5 million, a 25.6% increase compared to 4Q23. Net Revenue growth at constant currency was 14.7% compared to 4Q23. Net Profit increased by 169%, reaching R$61.7 million in 4Q24, up from R$22.9 million in 4Q23. Adjusted EBITDA increased by 23.7% to R$128.1 million in 4Q24 compared to R$103.6 million in 4Q23. The Adjusted EBITDA margin was 19.5%. Adjusted Net Profit increased by 41.3% to R$78.2 million in 4Q24, up from R$55.3 million in 4Q23. The Adjusted Net Profit margin was 11.9%. Full-year ended on December 31, 2024 (2024) highlights Net Revenue totaled R$2,367.8 million in 2024, a 6.0% increase compared to 2023. Net Revenue growth at constant currency was 1.3% year-over-year. Net Profit increased by 21.6%, reaching R$161.2 million in 2024, up from R$132.6 million in 2023. Adjusted EBITDA increased by 2.4% to R$442.4 million in 2024, compared to R$432.1 million in 2023. The Adjusted EBITDA margin was 18.7%. Adjusted Net Profit increased by 8.9% to R$241.9 million in 2024, up from R$222.1 million in 2023. The Adjusted Net Profit margin was 10.2%. Cash generated from operating activities increased by 12.7%, reaching R$467.0 million in 2024, up from R$414.3 million in 2023. CI&T ended 2024 with 6,907 employees, a 13.0% increase compared to 2023. Cesar Gon, founder and CEO of CI&T, commented, "Our 4Q24 performance reflects our commitment to delivering transformative value. Our net revenue grew 25.6% (14.7% at constant currency) compared to 4Q23, driven by strategic investments, new sales initiatives, and a focus on organic growth and AI. This robust growth underscores the resilient and powerful nature of our business model, while maintaining a solid bottom line and strong cash generation. As CI&T approaches its 30th anniversary in 2025, we remain dedicated to sustainable, long-term value creation, fueled by innovation and excellence in technology transformation." The full 4Q24 Earnings Release can be accessed here. View source version on Contacts Investor Relations Contact: Eduardo Galvãoinvestors@ Media Relations Contact: Zella Panossianciandt@ Sign in to access your portfolio
