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Localiza Q2 Net Income Hits US$197 Million, Swinging from Year-Ago Loss
Localiza Q2 net income reached R$1.003 billion, swinging from a loss, with adjusted growth of 30.6% year over year. Revenue and fleet expanded.
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Movida Q2 Net Income Rises 100.7% to US$26.7 Million
Movida Q2 net income rose 100.7% to R$135.65 million, beating guidance. Rental revenue grew 21% despite 10% fleet growth.
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Localiza Q2 Net Income Hits US$197 Million, Swinging from Year-Ago Loss
Localiza Q2 net income reached R$1.003 billion, swinging from a loss, with adjusted growth of 30.6% year over year. Revenue and fleet expanded.