Gafisa S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was BRL 292.51 million compared to BRL 195.3 million a year ago. Net loss was BRL 34.02 million compared to net income of BRL 0.115 million a year ago.

Basic loss per share from continuing operations was BRL 0.67 compared to basic earnings per share from continuing operations of BRL 0.004 a year ago. Diluted loss per share from continuing operations was BRL 0.67 compared to diluted earnings per share from continuing operations of BRL 0.004 a year ago.