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CI&T Q1 Adjusted Earnings, Revenue Rise

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CI&T (CINT) reported Q1 adjusted earnings late Monday of $0.08 per diluted share, up from $0.07 a year earlier.

Three analysts polled by FactSet expected $0.10.

Revenue for the three months ended March 31 rose to $136.6 million from $110.9 million a year earlier.

Analysts surveyed by FactSet expected $141.6 million.

CI&T expects Q2 revenue of $140 million. Analysts project $146 million.

The company boosted full-year revenue guidance to $555.8 million to $575.3 million from the prior forecast of $548.4 million to $568 million.

CI&T shares fell 2.8% in after-hours trading.

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