Cielo 8/1/2024 Earnings Report

Cielo EPS Results

• Actual EPS: $0.03
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Cielo Revenue Results

• Actual Revenue: $475.69 million
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Cielo Announcement Details

• Date: 8/1/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Cielo (OTCMKTS:CIOXY) is a leading payments processor in Latin America, primarily operating in Brazil. Its core business revolves around acquiring and authorizing transactions for credit and debit cards, as well as developing and distributing point-of-sale (POS) terminals and digital payment solutions. Cielo’s portfolio includes mobile card readers, integrated checkout systems and e-commerce platforms designed to streamline payment acceptance for merchants of all sizes. The company also offers value-added services such as fraud prevention, merchant loyalty programs and transaction analytics.

Founded in 1995 as a consortium of major Brazilian banks, Cielo has grown to serve millions of merchant clients across urban and rural markets. Through partnerships with financial institutions, retailers and technology providers, the company has built an extensive network of over a million POS terminals. In addition to its domestic footprint, Cielo has pursued regional expansion in Latin America, leveraging cross-border alliances to support multinational brands and export-oriented enterprises. Its platforms support transactions in local currencies while adhering to global security standards and regulatory requirements.

Cielo’s management team draws on decades of experience in banking, technology and consumer finance. The company is overseen by a board of directors comprising representatives of its founding banks alongside independent executives, while its operational leadership focuses on innovation, digital transformation and customer service. Cielo continues to invest in research and development to advance its next-generation payment gateways, contactless solutions and omnichannel capabilities, aiming to enhance the payment experience and drive financial inclusion in emerging markets.