Positivo Tecnologia S.A. reported consolidated earnings results for the first quarter of 2018. For the quarter, the company reported gross revenue of BRL 499,696 million as compared to BRL 513,508 million for the same period last year. Net sales revenue was BRL 429,659 million as compared to BRL 453,508 million for the same period last year. Operating income was BRL 1,962 million as compared to loss of BRL 8,348 million for the same period last year. Net income before taxes was BRL 1,962 million as compared to loss of BRL 8,348 million for the same period last year. Net income was BRL 1,962 million as compared to loss of BRL 8,348 million for the same period last year. EBITDA was BRL 429.7 million as compared to BRL 453.5 million for the same period last year. Adjusted EBITDA was BRL 23.1 million as compared to BRL 34.3 million for the same period last year. Operating Cash outflow was BRL 90.2 million as compared to BRL 15.0 million for the same period last year.