CI&T Inc Stock Price, News & Analysis

CI&T Inc (NYSE: CINT) has filed its annual report on Form 20-F for the fiscal year ending December 31, 2022, with the U.S. Securities and Exchange Commission (SEC). The report is available for public access on the SEC's website and CI&T's investor relations page. Shareholders can request a hard copy of the complete audited financial statements free of charge by contacting CI&T's Investor Relations. As a global digital specialist, CI&T has a 28-year history of providing digital transformation for over 100 large enterprises and has been recognized as a Leader in Modern Application Development Services by Forrester.

CI&T (NYSE: CINT) reported significant financial results for 4Q22 and the full year 2022, highlighting a net revenue increase of 33.9% in 4Q22, totaling R$611.8 million, and a full-year net revenue growth of 51.5%, amounting to R$2,187.7 million. The company achieved an adjusted net profit of R$54.5 million in 4Q22, reflecting a 4.3% increase year-over-year. Full-year adjusted net profit reached R$213.6 million, up 30.2% from 2021. Despite strong revenue growth, 4Q22 net profit fell to R$30.1 million from R$43.8 million in 4Q21, amid rising SG&A expenses and financial costs. Looking ahead, CI&T expects 20% revenue growth in Q1 2023.

CI&T (NYSE: CINT) will announce its fourth quarter 2022 financial results on March 8, 2023, before market opening. The announcement will be followed by a video conference call at 08:00 AM EST to discuss key financial and operational insights. CI&T specializes in digital transformation, offering strategy, design, and software engineering services to over 100 major enterprises. The company has a 28-year history in delivering scalable digital solutions globally, recognized as a leader in modern application development.

CI&T (NYSE:CINT) is set to host the Impact Tomorrow event at SXSW 2023 on March 14 in Austin. The programming features speakers from prominent companies including Albertsons, Anheuser-Busch InBev, and Morgan Stanley, focusing on digital efficiency and innovation. Key discussions will include customer experience strategies, electric vehicle adoption, and cultural trends. This event aims to equip businesses with actionable insights amidst rapid changes in the industry. Attendees can also enjoy networking opportunities in the dedicated lounge area.

CI&T (NYSE:CINT) has achieved Microsoft Solutions Partner status for two critical designations: Data & AI (Azure) and Digital & App Innovation (Azure). This recognition highlights CI&T's proficiency in delivering Microsoft cloud solutions and its commitment to enhancing customer success through effective cloud migration strategies. With over a decade of partnership with Microsoft and more than 120 certified professionals, CI&T aims to leverage this new status to expand its reach and improve digital solutions for global clients. The company's robust experience spans 28 years, serving over 100 enterprises and improving operational efficiency across various sectors.