TIM S.A. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was BRL 6,055.32 million compared to BRL 5,611.16 million a year ago. Net income was BRL 716.01 million compared to BRL 447.66 million a year ago. Basic earnings per share from continuing operations was BRL 0.3 compared to BRL 0.16 a year ago. Diluted earnings per share from continuing operations was BRL 0.3 compared to BRL 0.16 a year ago.
For the nine months, sales was BRL 17,558.73 million compared to BRL 15,706.44 million a year ago. Net income was BRL 1,754.91 million compared to BRL 1,132.57 million a year ago. Basic earnings per share from continuing operations was BRL 0.72 compared to BRL 0.47 a year ago. Diluted earnings per share from continuing operations was BRL 0.72 compared to BRL 0.47 a year ago.