Latest news with #OiSA
Bloomberg
5 days ago
- Business
- Bloomberg
Brazil Court Eases Way for Troubled Oi to Seek Chapter 11
A Rio de Janeiro court suspended the enforceability of obligations set out in Oi SA's judicial recovery plan in Brazil, opening the way for the company to potentially seek a Chapter 11 filing in the US. The court's decision prevents the imposition of any liens or claims on the troubled Brazilian telecom operator's assets from Aug. 13 to Aug. 31, the filing reads. It also required the company to present a transition plan to ensure the continuity of its public services.
Bloomberg
01-08-2025
- Business
- Bloomberg
Brazil Telecom Firm Oi Is Preparing a Chapter 11 Filing
By , Giovanna Bellotti Azevedo, and Cristiane Lucchesi Save Distressed Brazilian telecom operator Oi SA is preparing a Chapter 11 bankruptcy filing in a US court, according to people familiar with the matter. The company is working with law firm White & Case LLP, the people said, asking not to be named discussing private details. The company will probably file as soon as its ongoing Chapter 15 process is canceled, one of the people said.
Yahoo
14-02-2025
- Business
- Yahoo
Twilio Stock Plunges Nearly 16%--Is This a Buying Opportunity or a Warning Sign?
Twilio (NYSE:TWLO) just got slammedshares cratered nearly 16% at 11.10am, despite delivering 11% revenue growth and hitting GAAP operating profitability for the first time ever. So, what went wrong? The market didn't love Twilio's Q4 earnings per share miss or its softer-than-expected Q1 guidance. Add in $16.8 million in bad debt expenses from struggling Brazilian telecom Oi SA, and suddenly, all that financial discipline and innovation talk from management wasn't enough to keep investors from hitting the sell button. Even with a $2 billion buyback plan in play, Wall Street is split: Is this a buying opportunity or a warning sign? Warning! GuruFocus has detected 6 Warning Signs with TWLO. Under the hood, Twilio is making real progress. Non-GAAP operating income jumped to $197 million from $172.6 million a year ago, and customer retention remains strong, with a 104% dollar-based net expansion rate for 2024. The company's guidance calls for 7%-8% organic revenue growth this year, alongside up to $850 million in non-GAAP operating income. That's solid executionbut is it enough? Some analysts worry about valuation and slowing revenue momentum, while others see a leaner, more efficient Twilio setting up for a stronger future. For investors, this is where things get interesting. Twilio's sharp drop could be an overreaction, making it an attractive buy for those betting on long-term execution. But near-term volatility is a given, and the stock won't catch a break unless it proves it can keep up the growth while maintaining profitability. Twilio is at a pivotal momenteither it wins back investor confidence, or it risks staying in the penalty box for a while. This article first appeared on GuruFocus.
