Odontoprev S.A. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 07:18 pm EDT
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Odontoprev S.A. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was BRL 122.86 million compared to BRL 65.59 million a year ago. Basic earnings per share from continuing operations was BRL 0.22238 compared to BRL 0.11721 a year ago. Diluted earnings per share from continuing operations was BRL 0.22238 compared to BRL 0.11706 a year ago.
For the six months, net income was BRL 262.59 million compared to BRL 220.97 million a year ago. Basic earnings per share from continuing operations was BRL 0.47527 compared to BRL 0.41919 a year ago. Diluted earnings per share from continuing operations was BRL 0.47527 compared to BRL 0.41862 a year ago.
Odontoprev SA is a Brazil-based company primarily engaged in the provision of dental care services. The Company is involved in the management, sale and provision of private dental care plans and services. It offers services to individual and corporate customers. The Company organizes its dental care services into three main segments: Collective Pre-paid Plans, Collective Post-paid Plans and Individual Pre-paid Plans. Through its indirect subsidiary Easy Software Ltda, the Company is also active in the development of computer software for the dental industry. Odontoprev SA holds shares in various direct subsidiaries, such as Clidec - Clinica Dentaria Especializada Cura Dar's Ltda, Odontoprev Servicos Ltda, Garcia Pedrosa Ltda and Adcon Administradora de Convenios Odontologicos Ltd. Furthermore, It is a subsidiary of Bradesco Saude SA, a unit of Banco Bradesco SA's Bradesco Seguros e Previdencia SA.
ODONTOPREV S.A. 
