Welcome to our dedicated page for Telefonica Brasil, S.A. American Depositary Shares (Each representing One Common Share) news (Ticker: $VIV), a resource for investors and traders seeking the latest updates and insights on Telefonica Brasil, S.A. American Depositary Shares (Each representing One Common Share) stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Telefonica Brasil, S.A. American Depositary Shares (Each representing One Common Share)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
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Telefônica Brasil reported strong results for 1Q24 with above-inflation growth in revenues, EBITDA, and net income. The company saw a 6.5% YoY increase in net operating revenue, driven by mobile services, FTTH, and corporate data services. EBITDA grew by 6.8% YoY, reaching R$5,277 million, with a margin of 39.0%. Operating cash flow increased by 4.5% YoY to R$3,403 million. The company's net income attributed to Telefônica Brasil reached R$896 million in 1Q24, a 7.3% YoY increase.
