Oi Posts First-Quarter Net Income of 345 Million Reais

Oi SA (OIBR4) posted first-quarter net income attributed to controlling shareholders of 345 million reais, according to a filing today to Brazil’s securities regulator.

Earnings before interest, taxes, depreciation and amortization were 1.15 billion reais, the company said.

To contact the reporter on this story: Jonathan Roeder in Mexico City at jroeder@bloomberg.net

To contact the editor responsible for this story: Jonathan Roeder at jroeder@bloomberg.net

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