CI&T Inc. provides tech-integrated business solutions for large enterprises and fast-growth clients, combining AI, strategy, customer experience, software development, cloud services and data work. Its updates commonly cover quarterly results, Form 20-F reporting, client modernization projects, and the use of CI&T FLOW, the company’s proprietary AI management system, in software delivery and operational transformation.
Company news also reflects CI&T’s global delivery model, nearshoring and AI talent themes, and customer work in sectors such as financial services, consumer goods, retail, industrial goods, life sciences, technology and communications.
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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.
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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.