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Oi SA (OIBZQ)
OTHER OTC:OIBZQ
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-4.45Last Year’s EPS
-4.6Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 26, 2025
|% Change Since: 0.00%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in debt restructuring, asset sales, cost reductions, and growth in ICT services, but was offset by notable revenue declines, particularly in legacy services. The overall sentiment reflects cautious optimism with substantial progress on key fronts, yet challenges remain in improving revenue and profitability.Company Guidance
In the call, Oi's CEO, Marcelo Milliet, and CFO, Rodrigo Aguiar, provided guidance on several key metrics for the company's performance and strategic direction. In the fourth quarter of 2024, Oi's revenue was R$625 million, a 33% year-on-year decrease, mainly due to reduced non-core revenue. Oi Solutions, a major growth component, contributed R$409 million, representing 65% of total revenue, with 34% of this derived from IT services. The company reported a 38% reduction in operating expenses, while routine operating expenses decreased by 16% year-on-year to R$2 billion. Capital expenditure (CapEx) dropped by 41.8% year-on-year to R$108 million, accounting for under 6% of revenue. The cash balance at the end of the period was R$1.8 billion, rising by 35% in the quarter. Oi continued to focus on reducing legacy service impacts and improving profitability, with Oi Solutions showing growth in ICT solutions, evidenced by a 20% increase in unified communications revenue. The company also concluded several asset sales, including UPI ClientCo and TV, and restructured its financial debt, while seeking to optimize its operational efficiency and financial sustainability.Successful Court-Supervised Reorganization
The approval of the new plan allowed Oi to restructure financial debt, reducing net debt, and implementing a new governance structure with a capital increase, resulting in credit supporters owning just under 80% of the company.
Progress in Asset Sales
Completed the sale of UPI ClientCo, real estate, properties, towers, and UPI TV, with the UPI ClientCo sale to V.tal valued at R$5.7 billion, leading to a 27.5% stake in the subsidiary.
Cost Reduction Achievements
Achieved a 38% reduction in operating expenses and investments in 4Q 2024, with a year-on-year reduction of 16% in routine operating expenses.
ICT Revenue Growth
Cloud-based services revenue increased by 11% year-on-year, and unified and collaborative communications revenues grew by 20%.
Cash Balance Increase
Cash balance reached R$1.8 billion at the end of the period, a 35% increase in the quarter.
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OIBZQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OIBZQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 26, 2025 | $1.07 | $1.07 | 0.00% |
| Nov 06, 2024 | $3.84 | $3.84 | 0.00% |
| Aug 14, 2024 | $7.88 | $7.88 | 0.00% |
| Aug 10, 2023 | $5.42 | $5.27 | -2.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Oi SA (OIBZQ) report earnings?
Oi SA (OIBZQ) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Oi SA (OIBZQ) earnings time?
Oi SA (OIBZQ) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OIBZQ EPS forecast?
OIBZQ EPS forecast for the fiscal quarter 2025 (Q1) is -4.45.
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