Telefonica Brasil Q1 Earnings, Net Operating Revenue Rise

MT Newswires Live05-11

Telefonica Brasil (VIV) reported Q1 earnings Monday of 0.39 Brazilian real ($0.08) per share, up from 0.33 Brazilian real a year earlier.

Three analysts polled by FactSet expected 0.50 Brazilian real.

Net operating revenue for the quarter was 15.46 billion Brazilian reais, up from 14.39 billion Brazilian reais a year earlier.

Analysts polled by FactSet expected 15.24 billion Brazilian reais.

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