T4F Entretenimento S.A. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 02:17 am EST
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T4F Entretenimento S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was BRL 3.49 million compared to net loss of BRL 10.01 million a year ago. Basic earnings per share from continuing operations was BRL 0.05182 compared to basic loss per share from continuing operations of BRL 0.14853 a year ago. Diluted earnings per share from continuing operations was BRL 0.05182 compared to diluted loss per share from continuing operations of BRL 0.14853 a year ago.
For the nine months, net income was BRL 31.4 million compared to BRL 4.59 million a year ago. Basic earnings per share from continuing operations was BRL 0.46574 compared to BRL 0.06807 a year ago. Diluted earnings per share from continuing operations was BRL 0.46574 compared to BRL 0.06807 a year ago.
T4F Entretenimento SA, formerly CIE Brasil SA, is a Brazil-based public company which engages in the Live Entertainment Sector. The Company is active in the administration, promotion, organization, production, agency, programming and implementation of activities related to live entertainment, such as sports, arts, culture, concerts and shows, as well as in the administration and operation of venues, such as theaters, gymnasiums and stadiums. The Company operates different levels of live entertainment value chain, including: venue operation; ticketing; food, beverage and merchandise sales; and corporate sponsorships. Nowadays, the Company operates Teatro Opera Orbis Seguros, in Buenos Aires, and Teatro Renault, in Sao Paulo.
T4F ENTRETENIMENTO S.A. 
