Cielo S.A. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was BRL 2,762.19 million compared to BRL 2,722.57 million a year ago. Net income was BRL 184.55 million compared to BRL 232.07 million a year ago. Basic earnings per share from continuing operations was BRL 0.06835 compared to BRL 0.08574 a year ago. Diluted earnings per share from continuing operations was BRL 0.06781 compared to BRL 0.08535 a year ago.