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Telef nica Brasil S a   (VIVT)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services
 
Price: $0.0000 $0.00 %
Day's High: 0.00 Week Perf:
Day's Low: $ 0.00 30 Day Perf:
Volume (M): 0 52 Wk High: $ 0.00
Volume (M$): $ 0 52 Wk Avg: $0.00
Open: $0.00 52 Wk Low: $0.00



 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) 1,660
 Employees 30,000
 Revenues (TTM) (Millions $) 9,898
 Net Income (TTM) (Millions $) 958
 Cash Flow (TTM) (Millions $) 432
 Capital Exp. (TTM) (Millions $) 1,674

Telef Nica Brasil S A




   

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Telef Nica Brasil S A

Telefónica Brasil S.A. Exceeds Expectations with Strong Revenue Growth in Fourth Quarter of 2023

The financial performance of VIVTs in the fourth quarter of 2023 has exceeded expectations, with a significant increase in revenue and profits compared to the previous year. Revenue for the financial interval ending December 31, 2023, rose by 8.439% to $9.90 billion, up from $9.13 billion in the prior year. This growth was driven by strong performance in the Communications Services industry, where many companies are struggling with diminishing orders and declining revenue.
Profits also saw a substantial increase, with a growth of 24.18% to $0.58 per share, compared to $0.46 in the previous reporting season. Net earnings for the most recent fiscal period amounted to $957.596 million, representing a 24.2% increase from $771.001 million reported in the same period the year before. This improvement in profit margins was reflected in the net margin, which rose to 9.67%, and the operating margin, which edged up to 15.2%.










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