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Locaweb Serviços de Internet (BVMF:LWSA3) Third Quarter 2022 Results

Key Financial Results

  • Revenue: R$304.3m (up 46% from 3Q 2021).
  • Net loss: R$6.38m (loss widened by 71% from 3Q 2021).
BOVESPA:LWSA3 Earnings and Revenue Growth November 13th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Locaweb Serviços de Internet Revenues Beat Expectations

Revenue exceeded analyst estimates by 1.8%.

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in South America.

Performance of the market in Brazil.

The company’s shares are down 20% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Locaweb Serviços de Internet (1 is a bit concerning!) that we have uncovered.

Valuation is complex, but we’re helping make it simple.

Find out whether Locaweb Serviços de Internet is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

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