NYSE:VIV

Track all markets on TradingView - Prices are not updated in real time
Telefônica Brasil Rises 0.8% After Hours as Profit and Cash Flow Accelerate

Telefônica Brasil (NYSE: VIV) shares rose about 0.8% in after-hours trading after the company reported strong third-quarter earnings growth, margin expansion and higher free cash flow.

Third-quarter net revenue increased 7.2% year over year to R$16.0 billion, supported by 7.4% growth in mobile services, 5.7% growth in FTTH and 4.9% growth in Corporate Data, ICT and Digital Services. Handsets and electronics revenue rose 26.6%.

EBITDA increased 10.0% to R$7.14 billion, while EBITDA margin improved 1.1 percentage points to 44.5%. EBITDA after leases rose 10.8%, with margin expanding to 35.5%.

Net income climbed 30.1% to R$2.46 billion, while EPS increased 31.0% to R$0.77. Operating cash flow rose 17.8% to R$4.57 billion, and free cash flow increased 37.7% to R$2.43 billion.

Subscriber trends were also positive. Total subscribers increased 3.0% to 120.2 million, while the human postpaid base reached 53.4 million after 3.5 million net additions over the last twelve months. FTTH connections rose 10.8% to 8.4 million homes.

Capital spending declined 1.6% to R$2.56 billion, reducing capex intensity to 16.0% of revenue from 17.4% a year earlier.

The 0.8% after-hours gain appears to reflect the combination of double-digit EBITDA growth, strong net income expansion, improving cash generation and continued subscriber growth, alongside a lower capital-intensity profile.
💬
Author
Global Finance News 11-11-26
Telefônica Brasil S.A. announced the following:

The company set April 14, 2026 as the payment date for the Interest on Capital (IoC) declared in the 2nd, 3rd and 4th quarters of 2025. The total gross amount declared is R$2.99 billion, corresponding to a total gross amount per share of R$0.92998912968 and a net amount per share of R$0.79049076023. These payments will be offset against the mandatory minimum dividend for the fiscal year ended December 31, 2025. Any IoC not claimed within three years from the payment date will lapse and revert to the company.

In addition, shareholders will vote at the Extraordinary Shareholders’ Meeting on March 12, 2026 on a proposed capital reduction of R$4.0 billion. If approved, the reduction will result in a payment of R$1.25171862845 per share, to be paid in a single installment on July 14, 2026. Shareholder eligibility will be based on the company’s records as of May 22, 2026, after which the shares will trade ex-reimbursement rights.

Source: Telefônica Brasil S.A. Notice to Shareholders
💬
Author
The Investor 02-23-26