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CI&T Expects Q1 Net Revenue of At Least $104M Vs $106.78M Est and FY24 Net Revenue Growth of (2.5)%-2.5% Vs $461.08M Est

Author: Benzinga Newsdesk | March 07, 2024 07:55am

Business Outlook

We expect our net revenue in the first quarter of 2024 to be at least R$520 million on a reported basis, assuming an average FX rate of 5.00 BRL/USD in 1Q24.

For the full year of 2024, we expect our net revenue growth at constant currency to be in the range of -2.5% to +2.5% year-over-year. In addition, we estimate our Adjusted EBITDA margin to be in the range of 17% to 19%.

Posted In: CINT


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