Telefonica Brasil Q2 Net Profit Up 17.0% Year-Over-Year

VIV Telefonica Brasil SA ADR

$11.66 +0.43%

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1. 1Telefonica Brasil (VIV) posted Q2 net profit of 1.5725 billion reais, up 17.0% year-over-year
2. 2Net revenue reached 15.7574 billion reais (+7.6%), with EBITDA up 10.9% to a 41.8% margin
3. 3Driven by postpaid and FTTH revenue strength, shareholder returns over the past 7 months expanded 31.6% to 6.99 billion reais

Source Associated Press +2 · View original ↗

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