Locaweb Serviços de Internet Third Quarter 2022 Earnings: Revenues Beat Expectations - Simply Wall St

2 years ago 38

Locaweb Serviços de Internet (BVMF:LWSA3) Third Quarter 2022 Results

Key Financial Results

Revenue: R$304.3m (up 46% from 3Q 2021).
Net loss: R$6.38m (loss widened by 71% from 3Q 2021).

All figures shown successful the illustration supra are for the trailing 12 period (TTM) period

Locaweb Serviços de Internet Revenues Beat Expectations

Revenue exceeded expert estimates by 1.8%.

Looking ahead, gross is forecast to turn 19% p.a. connected mean during the adjacent 3 years, compared to a 6.8% maturation forecast for the IT manufacture successful South America.

Performance of the marketplace successful Brazil.

The company's shares are down 20% from a week ago.

Risk Analysis

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