CINT

CI&T Reports 4Q23 and 2023 Results

Retrieved on: 
Thursday, March 14, 2024

CI&T (NYSE: CINT, “Company”), a global digital specialist and fast-growing technology company, today announces its results for the fourth quarter of 2023 (4Q23) and the full-year ended on December 31, 2023 (2023) in accordance with International Financial Reporting Standards (IFRS).

Key Points: 
  • CI&T (NYSE: CINT, “Company”), a global digital specialist and fast-growing technology company, today announces its results for the fourth quarter of 2023 (4Q23) and the full-year ended on December 31, 2023 (2023) in accordance with International Financial Reporting Standards (IFRS).
  • The full audited financial statements for 2023 and 2022 will be filed in our Annual Report on Form 20-F for 2023.
  • Full-year ended on December 31, 2023 (2023) Operating and Financial Highlights
    Net Revenue was R$2,233.5 million, an increase of 2.1% compared to R$2,187.7 million in 2022.
  • Cash generated from operating activities rose 157.9% in 2023 to R$414.3 million in 2023 from R$160.7 million in 2022.

CI&T Provides Preliminary Results for the Fourth Quarter of 2023 and the Full Year of 2023 and Business Outlook for 2024

Retrieved on: 
Thursday, March 7, 2024

From 2019 to 2023, our revenue CAGR was 35%, of which 60% originated from mature economies nowadays, especially the US.

Key Points: 
  • From 2019 to 2023, our revenue CAGR was 35%, of which 60% originated from mature economies nowadays, especially the US.
  • CI&T ended 4Q23 with 6,111 employees, fairly stable compared to the third quarter of 2023.
  • Cash generated from operating activities rose 158.3% in 2023 to R$ 414.3 million in 2023 from R$ 160.4 million in 2022.
  • While we expect that our results will be consistent with these preliminary and unaudited estimates, our actual results may differ materially from these preliminary estimates.

CI&T Announces Date for the Fourth Quarter of 2023 and FY 2023 Earnings Release and Conference Call

Retrieved on: 
Monday, February 5, 2024

CI&T (NYSE: CINT, “Company”), an end-to-end digital transformation partner providing strategy, design and software engineering services to the world's leading brands, announces today that it will report its fourth quarter of 2023 and FY 2023 financial results before the market opens on March 7, 2024.

Key Points: 
  • CI&T (NYSE: CINT, “Company”), an end-to-end digital transformation partner providing strategy, design and software engineering services to the world's leading brands, announces today that it will report its fourth quarter of 2023 and FY 2023 financial results before the market opens on March 7, 2024.
  • Following the earnings release, CI&T's senior management team will host a video conference call to discuss the financial and operating results on the same day, March 7, at 08:00 AM EST / 10:00 AM BRT.
  • The video conference call can be accessed at the Company's Investor Relations website at investors.ciandt.com or through the following link: https://youtube.com/live/IxfD5r9_OH8?feature=share .

Motive Study Finds Physical Operations Businesses are Facing Losses, See AI as the Way to Recover

Retrieved on: 
Wednesday, December 6, 2023

44% of physical operations leaders say fraud has a big financial impact on their business but they aren’t sure how to find it.

Key Points: 
  • 44% of physical operations leaders say fraud has a big financial impact on their business but they aren’t sure how to find it.
  • 80% of leaders agree that having a single, end-to-end solution to manage physical operations would make their job easier.
  • From addressing labor shortages to boosting visibility and road safety, AI is becoming critically important for managing physical operations.
  • 69% of physical operations leaders think AI will have a positive impact on their jobs and nearly a third expect AI to address labor shortages.

CI&T Reports 3Q23 Results

Retrieved on: 
Friday, November 17, 2023

CI&T (NYSE: CINT, “Company”), a global digital specialist and fast-growing technology company, today announces its results for the third quarter of 2023 (3Q23) and the nine months ended on September 30, 2023 (9M23) in accordance with International Financial Reporting Standards (IFRS).

Key Points: 
  • CI&T (NYSE: CINT, “Company”), a global digital specialist and fast-growing technology company, today announces its results for the third quarter of 2023 (3Q23) and the nine months ended on September 30, 2023 (9M23) in accordance with International Financial Reporting Standards (IFRS).
  • For comparison purposes, we refer to the results for the third quarter of 2022 (3Q22) and nine months ended on September 30, 2022 (9M22).
  • Net Profit was R$36.2 million compared to R$40.6 million in 3Q22.
  • CI&T ended 3Q23 with 6,114 CI&Ters.

CI&T Announces Date for the Third Quarter of 2023 Earnings Release and Conference Call

Retrieved on: 
Monday, November 6, 2023

CI&T (NYSE: CINT, “Company”), an end-to-end digital transformation partner providing strategy, design and software engineering services to the world's leading brands, announces today that it will report its third quarter of 2023 financial results before the market opens on November 17, 2023.

Key Points: 
  • CI&T (NYSE: CINT, “Company”), an end-to-end digital transformation partner providing strategy, design and software engineering services to the world's leading brands, announces today that it will report its third quarter of 2023 financial results before the market opens on November 17, 2023.
  • Following the earnings release, CI&T's senior management team will host a video conference call to discuss the financial and operating results on the same day, November 17, at 08:00 AM EST / 10:00 AM BRT.
  • The video conference call can be accessed at the Company's Investor Relations website at investors.ciandt.com or through the following link: https://www.youtube.com/watch?v=yEW4TBCbR1Q

MediaLink Reveals The Marketer’s Forecast 2024

Retrieved on: 
Wednesday, October 18, 2023

A new global study of 400+ marketing leaders in media and marketing will be unveiled today from strategic advisory firm MediaLink.

Key Points: 
  • A new global study of 400+ marketing leaders in media and marketing will be unveiled today from strategic advisory firm MediaLink.
  • “The Marketer’s Forecast 2024 (TMF24)” explores the forces shaking up the business world and aims to inform marketing leaders’ outlook.
  • Michael Kassan, CEO, MediaLink, said: “The headwinds at play are among the strongest we’ve seen, but the data reveals marketing leaders are a rare breed of innovators, problem solvers, and creators.
  • I hope our Marketer’s Forecast will guide industry leaders looking to navigate what’s ahead for 2024.

New Multinational Health Equity Data Unlocks Intersection of Community Insights, Unmet Needs and Business Impact to Achieve Health Equity

Retrieved on: 
Tuesday, September 12, 2023

NEW YORK, Sept. 12, 2023 /PRNewswire/ -- A new global health equity data report released today by Omnicom PR Group (OPRG) finds widespread lack of trust in healthcare systems among non-white, LGBTQAI+ and immigrant communities and that a clear majority report experiencing explicit discrimination when seeking healthcare.

Key Points: 
  • Survey data shows that 62% of all respondents report experiencing explicit discrimination when seeking healthcare and 77% reported a lack of trust in health systems.
  • The data also shows that explicit discrimination, lack of trust and the digital divide are more pronounced among non-white, LGBTQAI+ and immigrant communities.
  • This data will inform academic curricular, intersectoral initiatives and business strategies that help advance health equity."
  • Topline data also shows – at the community level – gender, race/ethnicity, LGBTQIA+ and immigration status are palpable social determinants of health equity, and lived experiences differ among specific communities and countries.

AMERICAN BATTERY FACTORY NAMES AWARD-WINNING DR. JUN LIU CHIEF SCIENTIST

Retrieved on: 
Tuesday, September 5, 2023

AMERICAN FORK, Utah, Sept. 5, 2023 /PRNewswire/ -- American Battery Factory Inc. (ABF), an emerging battery manufacturer leading the development of the first network of lithium iron phosphate (LFP) battery cell gigafactories in the United States, today announced it has hired Dr. Jun Liu as the company's chief scientist to lead and support all aspects of ABF's research and development. In addition to his role at ABF, Liu serves as the director for the Innovation Center for the Battery500 Consortium, Washington Research Foundation Innovation Chair in Clean Energy, Campbell Chair of Materials Science & Engineering and Battelle Fellow at the Pacific Northwest National Laboratory (PNNL).

Key Points: 
  • "Dr. Liu brings a wealth of industry knowledge and exceptional experience to American Battery Factory, perfect for leading the development of our unique battery technology as we begin our network of gigafactories here in the United States," said Jim Ge, CEO of American Battery Factory.
  • At ABF, Liu will lead and support all aspects of the company's research and development from start to finish.
  • In his new role as ABF's chief scientist, he brings in-depth expertise in materials synthesis, characterization and application of advanced materials for energy.
  • "ABF's mission to develop a domestic supply chain for LFP batteries allows us to truly make energy independence a reality for everyone," said Dr. Jun Liu, chief scientist at American Battery Factory.

CI&T Reports Solid Results in 2Q23

Retrieved on: 
Friday, August 18, 2023

For comparison purposes, we refer to the results for the second quarter of 2022 (2Q22) and six months ended on June 30, 2022 (6M22).

Key Points: 
  • For comparison purposes, we refer to the results for the second quarter of 2022 (2Q22) and six months ended on June 30, 2022 (6M22).
  • The number of clients with annual revenue above R$1 million in the last twelve months grew from 127 in 2Q22 to 183 in 2Q23.
  • Net Profit was R$47.8 million compared to R$26.0 million in 2Q22, a 84.0% increase year over year.
  • Early results are promising, and we are enthusiastic about the potential to significantly enhance productivity, improve quality, and accelerate progress.