The following is a summary of the CI&T Inc. (CINT) Q3 2024 Earnings Call Transcript:

Financial Performance:

• CI&T reported a record revenue increase to BRL 622.2 million in Q3 2024, a 17.6% increase compared to Q3 2023. This was accompanied by a constant currency net revenue growth of 9% year-over-year.

• For Q3 2024, adjusted EBITDA was BRL121 million, up 24.2% year-over-year, with an EBITDA margin that improved to 19.5%.

• Adjusted net profit rose to BRL 56.5 million reflecting a 32.9% increase compared to Q3 2023; the net profit margin increased to 9.1%.

Business Progress:

• CI&T expanded its global workforce, adding 520 new employees across various regions

• The CI&T Flow AI-enabled platform continues to integrate into the company's offerings, enhancing client engagement with significant improvements in velocity and productivity.

Opportunities:

• The potential expansion and application of CI&T Flow and AI-driven tools across business operations present a major opportunity, especially in enhancing operational efficiency and productivity.

• With an enduring emphasis on attracting top talent and technological leadership, particularly in AI, CI&T is well-positioned for strategic growth and market leadership.

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