Brazil-based Cielo S.A. (CIOXY.PK) said Wednesday its first-quarter net income surged 33.4% to R$567 million from R$425 million last year.
Net operating revenue for the quarter rose 26.5% to R$1.2 billion from R$965 million last year. Adjusted net operating revenue was R$1.4 billion, compared to R$1.08 billion.
Cielo S.A. operates in the merchant acquiring and payment processing industry in Brazil.
Click here to receive FREE breaking news email alerts for Cielo SA and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org