CI&T (CINT) has released an update.
CI&T, a global technology transformation specialist, reported an 8.1% quarter-over-quarter revenue growth and a 24.5% increase in net profit in the second quarter of 2024. The company achieved a robust adjusted EBITDA margin of 19.2% and anticipates continued growth with a positive outlook for the upcoming quarters. These strong financial results underscore CI&T’s strategic expansion and the successful adoption of its AI-powered platform, CI&T Flow, by over 100 clients.
For further insights into CINT stock, check out TipRanks’ Stock Analysis page.
